Cardano founder and former Ethereum co-founder, mathematician Charles HOSKINSON boosted the overall bullish sentiment on Cardano (ADA) with a recent tweet. Hoskinson responded to a tweet from a Cardano enthusiast about the expected increase in the Cardano treasury. X user and Cardano enthusiast @StakeWithPride posted a post stating that he expects Cardano’s treasury to increase to $4.5 bln in fiat the next time ADA hits the $3 high. The last time ADA reached this all-time high was in late August 2021, and back then the Treasury held approximately $1.7 bln in ADA.
Cardano is a “decentralized network state that funds its own destiny,” the user said. Hoskinson proudly quoted the tweet, adding an animated GIF from an old-school computer game, showing his support for the ADA bullishness. The Treasury supports Cardano-based projects, so those who want to claim a small part of it should join the Cardano ecosystem to start contributing to it, such as creating a Cardano project using tools based on the blockchain.
In a recent tweet, Cardano’s founder expressed some concerns about future AI products. Hoskinson believes there will likely be some trust issues in the future due to AI. The billionaire’s earlier statements make it clear that he expects a lot of harm from AI (he has not yet mentioned any positive aspects).
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