Joshua06b5
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#CardanoDebate Charles Hoskinson, the founder of Cardano, proposed to use 140 million ADA (approximately 100 million dollars) from the treasury to boost the growth of decentralized finance (DeFi) by purchasing Bitcoin and specific Cardano stablecoins (USDM, USDA, IUSD). The value of ADA fell by 6% following the announcement, amid a division in the cryptocurrency community. Some view this as a bold step towards the maturity of the ecosystem, while others see it as risky due to market conditions and governance concerns.
💬 What do you think about this proposal? How do you believe this decision will affect the value of ADA in the long term?
💬 What do you think about this proposal? How do you believe this decision will affect the value of ADA in the long term?
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