#CardanoDebate

Charles Hoskinson, the founder of Cardano, proposed using 140 million ADA (about 100 million dollars) from the treasury to enhance the growth of decentralized finance (DeFi) by purchasing Bitcoin and stablecoins specific to Cardano (USDM, USDA, IUSD). The value of ADA dropped by 6% following the announcement, amid a split in the cryptocurrency community. Some see it as a bold step towards the maturity of the ecosystem, while others see it as risky given the market conditions and governance concerns.

💬 What do you think of this proposal? How will this move affect the value of ADA in the long term?

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