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Cardano Founder Predicts Bitcoin Price Will Hit $500,000 Within 2 Years

  • Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, predicts that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months.
  • Hoskinson attributes this potential surge to governments discussing a strategic Bitcoin reserve and the integration of decentralized finance (DeFi) capabilities into the network.
  • He believes that DeFi within the Bitcoin ecosystem will surpass all other blockchain ecosystems in the next two to three years.
  • Hoskinson highlights Cardano's suitability as a platform for developing hybrid applications that operate on both Bitcoin and Cardano networks.

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