Cardano (ADA)

We put hundreds of hours carefully proposing direct routes to commericalize Cardano. We brought it to a vote. You voted against it. I don't care about your reasons. You own the vote. You cannot complain about a lack of commercialization. You are directly contributing to the environment that creates that outcome.

Cardano will lose decentralisation if we keep spending without real discipline. SPOs are leaving because for many it is becoming non sustainable. My own stake pool is currently operating at a negative, and many others are in the same position or have already left. This is the part people need to realise. Decentralisation is not free. Security is not free. Infrastructure is not free. Every stake pool has real costs. Servers, monitoring, upgrades, time, risk and responsibility. When ADA falls in price, those costs do not disappear. It simply becomes harder for independent operators to justify staying online. The more ADA sinks in price, the more pressure lands on SPOs. The more SPOs leave, the more we reduce the resilience, security and decentralisation of Cardano. We can talk about growth, adoption and long term vision, but none of it matters if the base layer becomes weaker because the people securing it cannot afford to keep doing it. I do not want to be posting this, but if anybody wants a realistic

Up until now, I’ve taken a fairly conservative stance on using the treasury for commercial initiatives. But I’m starting to think I was wrong. We can’t keep expecting @emurgo_io and @Cardano_CF to drive commercial growth on their own. If @IOGroup is willing to take on more commercial initiatives, I think we should be much more open to supporting them through governance. We need to empower IOG to move faster. I think it’s time we gave them that support. Time is running out. The market is moving incredibly fast, and Cardano is falling further behind. Realistically, @IOHK_Charles and IOG are the only ones I see who can move this ecosystem forward fast enough.

Up until now, I’ve taken a fairly conservative stance on using the treasury for commercial initiatives. But I’m starting to think I was wrong. We can’t keep expecting @emurgo_io and @Cardano_CF to drive commercial growth on their own. If @IOGroup is willing to take on more commercial initiatives, I think we should be much more open to supporting them through governance. We need to empower IOG to move faster. I think it’s time we gave them that support. Time is running out. The market is moving incredibly fast, and Cardano is falling further behind. Realistically, @IOHK_Charles and IOG are the only ones I see who can move this ecosystem forward fast enough.