Yukon Cornelius said:

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I don't that's accurate. How are you determine it's the most reliable and decentralized?

Banks number one concern is counter party risks. Not a fraction of a second in tx speed.

JP Morgan so far has elected ethereum. Unless they pivot it's not even a debate.

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1. Research how many hacks have happened.
Ethereum multiple; Cardano 0
2. Research how many times Ethereum has gone down or required change.
Ethereum multiple; Cardano 0
3. Ethereum was rushed to market and built with singular focus by a specific group. Cardano was built by the best engineers, software architects, and cryptographers, then the work was passed around the globe to be reviewed and broken down by peers. Over 15 PHDs from every field worked and reviewed every aspect of Cardano.This is rigorous peer-reviewed tech and the publication of numerous scientific papers outlining its design principles and technologies.

4. Ethereum has too many insiders and VCs involved to simply go away. It definitely has it place within the space. People will pump it, talk it up, but it is not the future. Cardano has zero VCs and insiders. That's why Eth, like Sol, another VC chain, get all the hype.

Dec 2025 to 2030 will demonstrate my opinion. If I'm wrong it's okay because it was my research and not influencers that made my decisions.


The difficulty of Cardano is a positive albeit most see it as a negative. "It's too hard to build on Haskell, nobody will use it." Well, experts are building and novices are learning the tools to build on it. Ethereum can be built on by almost anyone. Again, I and many others see this as a win for Cardano. I don't want my money, my medical records, or my home alarm system to be built using tech anybody can understand and alter. Why would I want my blockchain to be any different.

Your last paragraph goes to show you don't understand blockchain to me. But time will tell like you said.

Early day hacks are meaningless really. Bitcoins been hacked multiple times too. But the network of both ethereum and bitcoin have improved.

I don't understand it yet you believe Ethereum is more secure, reliable, and decentralized????
Okay.
I know how the hacks have occurred, when, and why. I know that Cardano was built to fill in what Bitcoin and Ethereum missed. Cardano was made to adapt without stressing the network. Ethereum isn't capable of it so it relies on L2s for survival.
I stopped posting on here due to people repeating the VC talking points and not truly understanding the facts.

Good luck to your bags.

The ease or difficulty of developers building apps onto a blockchain network has nothing to do with security. If you think because cardano is a pain for developers is a good thing then best of luck to you.

Maybe eth gets surpassed some day. Entirely possible. I'm indifferent. I'm only interested in catching the upswing from early adoption. So far today the most pragmatic look says ethereum is winning in the adoption department and hasn't been priced accordingly so.

I haven't been following Cardano news as closely as you, but is something of significance to Cardano happening in Dec 2025?

It sounds like you're interested in timing the crypto market. Not the game I like to play, but good luck on that.

I agree 100% on Cardano being the future if we truly move to decentralized finance, governance, etc. You don't want an unstable and hackable ETH network being the thing keeping all that running.

I'm not trying to time anything per se. But ethereum is being adopted and I don't think it's priced accordingly.

Ethereum is not hackable.

Bessent is predicting trillions of dollars of stable coins after the genuis act passes. Majority of stable coins exist currently on ethereum. Blackrock has their RWA fund on ethereum, Robin Hood is launching their tokenized stocks on ethereum and JP Morgan is launching their intra bank deposit coin on ethereum.

But cardano…
I'm not saying someday. Sure anything is possible. Maybe doge blockchain becomes the defacto chain for the future of finance. But looking at the data TODAY. I think IMO ethereum is being adopted and is under priced. To each their own.

Listening to this now. Former creator of eth and was forced out and now creator of cardano.

Lol, doge the meme coin becoming a useful blockchain? Maybe if we take the path of turning the movie Idiocracy into reality.

ETH hack:

https://www.gemini.com/cryptopedia/the-dao-hack-makerdao

Maybe they fixed it? But their CEO is more of a fix things after the fact kind of guy vs Cardano which gets it right from the beginning.

Well there's a world in which doge could become a defacto currency. If Fiat completely fails and everyone likes Bitcoin but economies need some level of inflation doge would provide the network security like Bitcoin but also a controlled inflation necessary for growing economies. Plus it would be funny. Who know what future generations will value. Albeit I agree an insanely small chance but still a chance. (I own zero doge coin for the record).

I think that's a false narrative. Again look at the inductions whose number one priority is counter party risk. They're not using cardonezo. Obviously things can change but as of today ethereum is the lead horse.

This thread is primarily about stable coins and cardonzo doesn't really have much compared to other competing chains. So it's hard to imagine overnight they will start absorbing market share.

I would also really encourage anyone to watch that video I shared above of how JP Morgan views all of this and what their plans are.


To me, and I could be proved wrong, but whoever blackrock or JP Morgan use will become the defacto blockchain

Why? 1. Liquidity and 2. No one will risk using a different blockchain incase things go poorly. "We chose the industry standard etc"

For what it's worth, I communicated with a couple of Cardano developers and Dreps regarding JPM and Ethereum.
JPM chose Base (Coinbase) to build on which is built on Ethereum. They had previous relationships.
The flexibility of programming thus quicker implementation, plus the Ethereum Enterprise Alliance allows for interoperability amongst members. The alliance was formed in the earlier days, pre 2018 i believe.
They could have issues with scaling and fees (easier fix).
Edited to add: The stablecoin dynamic also played a part as Ethereum has a robust stablecoin ecosystem. However, Circle (USDC) is a bomb that could go off whenever they decide. Not saying they will but they could hold a blockchain hostage as their liquidity is paramount to the support of the ecosystem.

Centralized Control: USDC, like other fiat-backed stablecoins, is issued and managed by a centralized entity (Circle). This means that Circle has the power to freeze funds and block transactions associated with specific addresses or entities, as seen with the freezing of USDC in Tornado Cash wallets. While this power can be used to combat illicit activities, it also raises concerns about censorship and potential vulnerability to regulatory pressures or government actions that could impact the entire network.
Systemic Risk: The increasing adoption and integration of USDC into the DeFi ecosystem makes it a potential source of systemic risk. A significant disruption to USDC, such as a "depegging" event (losing its 1:1 peg to the US dollar) or problems with its reserve management, could have ripple effects throughout the cryptocurrency market and potentially impact traditional financial systems.
Concentration of Power: The reliance on a single entity for a crucial component like a stablecoin can create a concentration of power within the blockchain ecosystem. This could potentially lead to situations where the issuer's decisions or actions disproportionately affect the entire network and the broader crypto market.

As Cardano finishes Leios Q4-Q1 , Hydra, Mithril, and Mitgard, scalability will be superior.
I believe by the time blockchain is truly being integrated at scale worldwide Cardano will lead.

Read below if interested in Cardano upcoming updates.

https://iohk.io/en/blog/posts/2025/04/17/advancing-ouroboros-leios-as-the-next-leap-in-scalability/


https://bitcoinist.com/cardano-leios-11000-tps-infinite-scalability/

Many on here don't know Cardano as it does not get the same coverage as ETH, Sol, Sui, but watch this for a better look into Cardano and Charles Hoskinson.

I don't mean to be rude but you're pushing a false hype narrative. I would caution anyone on cardano.

Here is the list of stable coin liquidity. You'll have to scroll down to find cardano coming in at number 48.

https://defillama.com/stablecoins/chains

False? Be specific.
Cardano folks know the chain stablecoin situation. We also know what is on the horizon.
A chart does not provide edification as to what the future holds nor how problems are being solved.
Analogy: you like Biden and watch CNN to see if what you believe is accurate. You should do the hard read and avoid influencers and media. If that's what are already doing, apologies, but no way that's the case with your conclusions.



Edited to add: talks have been had for a while now, and continue, regarding onboarding USDC. It would require a substantial payment to Circle and a vot by the Cardano community. Some are for and some are against. Some want to inject $100M into USDM instead.
The Cardano Foundation and IO G have disagreed on the stablecoin topic, but now it's up to the community.
Stablecoins on Cardano is an easy fix, however the decision as to which route is not. Using stablecoin as a current metric is moot.

What I think is false is your statement about being adopted worldwide.

No one uses Cardano. There's plenty of other superior chains with better narratives anyways. You can get down into some technical aspect about the way the chain works but ultimately who is to say a new and better chain won't come out?

Unless you have market share then you will always be a risk at being technologically surpassed in a blink of an eye. Even ethereum is at risk of being surpassed and it has the largest market share. So your fan favorite chain that does nothing is at EXTREME risk of being surpassed. And IMO already has by the likes of Tron and Solana. And the ONLY market share it currently has is its own stable coin backed by usd certified by CHARLi3. Sorry I can't take that seriously. Your boy Charles is running around shilling his grift on podcasts because despite what you said about VC money it does have VC money and it's likely drying up.

If you want to talk about technicals about blockchains I'd be happy to engage in another thread. But this is about stable coin adoption and cardano isn't happening and you're shilling a FALSE Hype narrative that someday magically everyone switches over.

Yukon Cornelius said:

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What I think is false is your statement about being adopted worldwide.

No one uses Cardano. There's plenty of other superior chains with better narratives anyways. You can get down into some technical aspect about the way the chain works but ultimately who is to say a new and better chain won't come out?

Unless you have market share then you will always be a risk at being technologically surpassed in a blink of an eye. Even ethereum is at risk of being surpassed and it has the largest market share. So your fan favorite chain that does nothing is at EXTREME risk of being surpassed. And IMO already has by the likes of Tron and Solana. And the ONLY market share it currently has is its own stable coin backed by usd certified by CHARLi3. Sorry I can't take that seriously. Your boy Charles is running around shilling his grift on podcasts because despite what you said about VC money it does have VC money and it's likely drying up.

If you want to talk about technicals about blockchains I'd be happy to engage in another thread. But this is about stable coin adoption and cardano isn't happening and you're shilling a FALSE Hype narrative that someday magically everyone switches over.

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Well, this entire post is inaccurate. Nothing I can do about that. For your sake I hope you learn to do better research.
I never said Cardano being used worldwide. I said blockchain.

You said cardano would lead when blockchain was used world wide… sorry I thought you meant it would be used worldwide by that statement. My mistake.

No worries.
It's okay to believe different things. I know what the current landscape is and anticipate what might be coming. That is what I've prepared for regarding blockchain.
I hope everyone does well.
Like Charles says, right now it's a zero sum game due to tribalism and tokenomics, but some are working to make it mutualistic, just like web2 where if you make money so do we.

Edited to clarify: I look to the future more than today amd tomorrow. That is what i like about Caramd their approach. Best similarity is many people are akin to Blockbuster not seeing a future in Netflix, or Eastman Kodak rejecting Xerox. I see the value in Cardano while many still are focused on Blockbuster and Kodak. It's not the same as RIM vs Apple because that was myppia on the leadership side, and not the investor.

Is there a good cardano ETF?

I think grayscale has filed for one

jamey said:

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Is there a good cardano ETF?

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Yukon is correct regarding Grayscale.
ETPs already exist in Switzerland and Germany.

Most people think the ETH ETF approval is already priced in and it’s been a big bust vs. BTC (in terms of assets for $ETHA vs. $IBIT).
It’s not.
Because the real catalyst is still ahead: staking approval, expected before October.

Once that hits, ETH becomes the first…

— Eric Jackson (@ericjackson) July 13, 2025

Just curious….i know nothing about this guy. Who is he? And how reputable is he in regards to etherium?

I agree. A month ago I started beating the eth drum around here. That was the catalyst. Second I've been watching JP Morgan for a year now. Patiently waiting on which blockchain they will adopt. And it's ethereum. Those two things make me believe ETH is undervalued. How much so? I have no idea. Much smarter people than me can make price predictions. I'm just looking at a risk vs reward standpoint. ETH is a buy rn to me.

BucketofBalls99 said:

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Just curious….i know nothing about this guy. Who is he? And how reputable is he in regards to etherium?

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I just ran across him but hes got a decent following, is technical vs being a cheerleader from my quick glance at his profile so I'll follow him and see

JPM is a big factor on why I invested

Heck, even of it changes over time, for now it seems to be ETH

Exactly. I'm not married to any of it. If JPM pivots or blackrock or whatever I will too.

jamey said:

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JPM is a big factor on why I invested

Heck, even of it changes over time, for now it seems to be ETH

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My opinion and my strategy. I do my research and see the landscape and the possibilities. I evaluate the current road but focus on the path that is yet to be paved.

I exercise patience and do the opposite of the masses when investing, especially when factoring first mover effect and innovation. Following the current road can be profitable. Calculating where the road might be can exponentially more profitable, and is admittedly more risky. I am okay with the risk vs reward as it pertains to Cardano, Iagon, Nuvola, AgentT, Cornucopias, OrcFax, WMT, Gero, Strike, and ONE.
Cardano is compliant, secure, reliable, and decentralized.

I value peer reviewed research and academic rigor over first mover advantage. I care that they took their time to ensure the foundational architecture is adaptable and sustainable. Input Output was looking towards and preparing for the future.

Anyway...... I hope Charles continues to build bridges with other ecosystems. I think the meeting Thursday with senator Tim Scott will be beneficial to all digital assets as Charles is a great advocate for the space.

Charles is awesome. This is a great interview with him. He takes some jabs at ETH while explaining how ADA is doing things better.

Agreed. I watch all interviews he does, as well as Vitalik, Sergey, Gavin, Schwartz, and Silvio.

so is anyone in here in ETHT then? I bought last week and sold today for a 12% or so gain. I'll probably keep doing swing trades on it leading up to these fall catalysts. I have clients that have a ton of money in ETH and ETH related stocks/funds. I just have peanuts, but going to keep DCA'ing in.

A fun hypothetical exercise :

1 Eth token $3,076.95 ea.
1 ADA token $0.736 ea.

A $10k investment today gets you:
3.2499 Eth.
13,586.95 ADA


Aug 1st ??
Sept 1st ??
Oct 1st ??
Nov 1st ??
Dec 1st ??
Jan 1st ??
Feb 1st ??

Another good hypothetical is what cardano will be like if it ever gets actual stable coins on it other than its own in house 30 million Charlie bucks.

zgolfz85 said:

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so is anyone in here in ETHT then? I bought last week and sold today for a 12% or so gain. I'll probably keep doing swing trades on it leading up to these fall catalysts. I have clients that have a ton of money in ETH and ETH related stocks/funds. I just have peanuts, but going to keep DCA'ing in.

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Welp, gains are gains, but damn I sold out way too early there. Thankfully still sitting on a good chunk of ETH itself