#CardanoDebate Charles Hoskinson's proposal to use 140M ADA (~$100M) from the treasury to buy BTC and Cardano-native stablecoins aims to ignite DeFi growth. While some see this as a strategic move for ecosystem maturity, the 6% ADA drop and community division highlight concerns.

My Take: This is a bold, high-risk, high-reward strategy. It could boost Cardano's DeFi liquidity and adoption by integrating with Bitcoin's massive market and strengthening its stablecoin ecosystem. However, it exposes the treasury to market volatility and could be perceived as a sell-off by some, explaining the immediate price dip.

Long-term ADA value: If the initiative successfully attracts significant DeFi activity and users, it could ultimately increase ADA's utility and demand, leading to long-term value appreciation. Conversely, if market conditions worsen or the strategy fails to yield substantial results, it could erode community trust and negatively impact ADA's price over time. The success hinges on execution and market reception.