According to Odaily, Charles Hoskinson, the founder of Cardano, has expressed a strong belief in the future dominance of decentralized finance (DeFi) within the Bitcoin ecosystem. He anticipates that within the next two to three years, Bitcoin DeFi will surpass all other crypto DeFi platforms in terms of influence and adoption.
Hoskinson highlighted the immense potential of Bitcoin DeFi, suggesting that it could revolutionize the financial landscape by offering decentralized financial services without the need for traditional centralized exchanges. This prediction comes alongside his bold forecast regarding Bitcoin's price trajectory, indicating a significant shift in the market dynamics.
The Cardano founder also emphasized a novel approach to bridging Bitcoin (BTC) without relying on centralized exchanges, which could further enhance the decentralization and security of financial transactions within the Bitcoin network. This innovative model aims to provide users with more control over their assets, aligning with the core principles of decentralization that underpin the cryptocurrency movement.