Charles Hoskinson, the founder of Cardano, believes that decentralized finance (DeFi) in the Bitcoin ecosystem will surpass all other crypto DeFi platforms within two to three years. During a YouTube discussion, he pointed out that Bitcoin, having transitioned from an underutilized asset to a prominent player, is expected to reach prices between $250,000 and $500,000 in the next 12 to 24 months. He emphasized the significance of Bitcoin as a store of value for the internet and the potential for Bitcoin DeFi to attract significant investment inflows. Hoskinson described a new approach for integrating DeFi with Bitcoin using Cardano’s network, allowing Bitcoin holders to utilize DeFi features while keeping control of their private keys. This innovation is part of a broader trend where governments recognize Bitcoin as a strategic reserve asset, positioning it as a future leader in decentralized finance.

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