#CardanoDebate
This move by Charles Hoskinson is definitely bold and risky! ๐ฅ Using 140M ADA (~โน800+ Cr) from the treasury to buy BTC and Cardano-native stablecoins (USDM, USDA, iUSD) shows they're serious about boosting DeFi ๐ธ๐ฅ
If done right, this could bring more liquidity and trust to the Cardano ecosystem. Long-term, it might help ADAโs value go up ๐
Butโฆ investing such a huge amount in a volatile market without clear governance is a major concern ๐ฌ What if the stablecoins donโt perform or the market dips further?
The 6% drop in ADA shows the community is clearly divided. Letโs see if this becomes a turning point for Cardano or a cautionary tale ๐
What do you think? Smart DeFi play or too much risk? ๐ค๐