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Cardano Founder Responds to US Treasury Secretary’s Bitcoin Acknowledgment
- Charles Hoskinson, founder of Cardano, noted the irony in the US Treasury Secretary's supportive stance on Bitcoin.
- The Treasury Secretary acknowledged the 17th anniversary of the publication of the Bitcoin Whitepaper, emphasizing Bitcoin's reliability and resilience.
- This marks a shift from previous anti-Bitcoin positions in the US administration.
- France proposed a bill to establish a Bitcoin Strategic Reserve, aiming to acquire 2% of BTC supply over 7-8 years to bolster financial sovereignty.
- Bitcoin's price has been stagnating around $110,000, marking the first October closure in the red in seven years.