#CardanoDebate 💥 Is Charles Hoskinson's proposal a smart move or a risky gamble?

The proposal to use 140 million ADA (equivalent to ~100 million dollars) from the treasury to purchase BTC and native stablecoins on Cardano like USDM, USDA, and IUSD has sent strong shockwaves through the community, causing ADA to drop by 6%.

🎯 On one hand, some see it as a bold step to drive DeFi on Cardano towards maturity and financial independence, linking the ecosystem to globally trusted assets like Bitcoin.

⚠️ On the other hand, others view it as an uncalculated risk, especially given the lack of trust in on-chain governance and the potential for mismanagement of the treasury or its impact on the circulating supply of ADA.

📈 My opinion? If the plan is executed transparently with strict governance, this move could be the cornerstone for transforming Cardano from just a Layer 1 to a self-managed integrated financial system. But without that, it could just be a dangerous experiment that drives investors away.

💡 In the long term, this shift towards diversifying treasury assets might support ADA's stability against market fluctuations... but execution will be everything!