Ist Cardanos Plan, einen Teil von ADA Treasury in Bitcoin zu konvertieren?
Is Cardano’s plan to convert part of ADA treasury into Bitcoin a wise move?
Ist Cardanos Plan, einen Teil von ADA Treasury in Bitcoin zu konvertieren?
Is Cardano’s plan to convert part of ADA treasury into Bitcoin a wise move?
6 Kommentare
Surprised they didn’t put any into Kraw!
tldr; Cardano founder Charles Hoskinson proposed converting 5–10% of the ADA treasury into Bitcoin or stablecoins to establish a sovereign wealth fund and boost Cardano’s DeFi ecosystem. The move aims to stabilize ADA’s value, increase liquidity, and enhance dApp activity. While the strategy could mitigate ADA’s inflation and align with broader market trends, Cardano’s current blockchain performance and DeFi adoption lag behind competitors like Solana and Ethereum. The proposal reflects a bold step toward positioning Cardano as a competitive DeFi platform.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
not sure if the timing for that would be great right now, to spend so much ADA on bitcoin when the ADA/BTC chart is pretty much bottoming, that could be a bad deal or even push ada down through a massive resistance and make a bloodbath for all the holders.
Hes capitulating. His creed will follow.
Sounds like I should convert the few cardano I have left into Bitcoin then
Imagine you go into your local small town ice cream shop. This ice cream shop is known for selling total garbage unappealing ice cream for way too much money. So the owner of the ice cream store decides to buy some diamonds and keep them in a vault across the country. He then says, come try our ice cream we own diamonds and you go in and it’s the same ice cream it was before at the same price but someone owns diamonds somewhere far away that you’re never going to see and doesn’t change anything about the ice cream.
There ya go, welcome to Charles ice cream parlor.