I just voted YES with 70.68 million ADA on the Treasury Withdrawal Proposal: Cardano Vision 2026: Human Centred, Scalable, Post Quantum Secure - IO Research
On behalf of my loyal delegates.
Rationale
I am formally registering a YES vote on the Cardano Vision 2026 treasury withdrawal request.
I have always deeply valued the research-led engineering approach that defines Cardano. It is a foundational characteristic that personally interested me in this blockchain, and I am confident it did the same for many of my delegators. I am highly supportive of this scientific foundation and believe it is an avenue we must continue to fund, provided the blockchain's financial cost permits. I deliberately chose to wait to vote on this proposal until I could thoroughly evaluate its scope and make an informed decision in an extremely challenging market.
Going forward, however, I would like to see the programmatic direction pivot slightly into a more streamlined, coordinated effort. We need a tighter pipeline where foundational research rapidly drives functional proof of concepts, allowing the ecosystem to evaluate whether a theory is genuinely feasible from an operational perspective. This approach will allow us to iterate faster and explore the practical realities of what is being researched. In a governance-led funding model, we cannot afford to deliver pure research and then wait years for its practical engineering execution, as this impacts our ability to compete.
Given the fierce competition in the broader layer-1 landscape, I would love to see the ways of working improved and adapted to a more modernized, agile engineering approach. This would not only allow the community to see tangible value from our research investments sooner, but it would also improve the final technical outputs by accounting for real-life operational scenarios that formal mathematical models might overlook. Furthermore, I believe a great improvement for future iterations would be giving the community a voice or a structured set of options to help dictate the directional focus of the research. I have also provided this feedback prior to this vote, and I believe it was well received.
Ultimately, I want to credit all of the incredible academic and technical contributions made to Cardano's research over the years. This scientific rigor is what sets us apart, and I am excited to support its continuation through this proposal.
Transaction
https://t.co/DTYFIIjsno
BREAKING 🚨 Elon Musk CONFIRMS he’s going all in to fund Republicans in Midterms to help Trump
THIS IS A MASSIVE WIN FOR AMERICA
THESE BEST FRIENDS ARE BACK 🔥
@_StonersRUs_ Hmm well not natural smoke , however, I got some gummies from a gas station just to see what it was . Half the dose, couldn’t wait for it to end and fuck man it lasted until the next day . Never again lol 😂
@moodybtc Bro most of us who have anything to do with Cardano are not worried about short term price volatility. You should ask yourself, why are you here?
🚨 HERE'S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW
If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully.
Because that market no longer exists.
What you're witnessing right now is not normal price action.
It's not "weak hands."
It's not sentiment.
And it's definitely not retail selling.
Most people have no idea what's actually happening.
And by the time it becomes obvious, the damage is already done.
This collapse didn't begin today.
It's been developing quietly beneath the surface for months.
And now it's gaining traction.
Here's the reality:
The moment supply can be synthetically created, scarcity disappears.
And when scarcity disappears, price stops being discovered on-chain and starts being dictated by derivatives.
That is exactly what happened to Bitcoin.
And it's the same structural shift that already happened to:
→ Gold
→ Silver
→ Oil
→ Equities
The original Bitcoin thesis is broken.
Bitcoin's valuation was built on two foundations:
→ A hard cap of 21 million coins
→ No rehypothecation
That framework ended the moment Wall Street layered this on top of the chain:
→ Cash-settled futures
→ Perpetual swaps
→ Options
→ ETFs
→ Prime broker lending
→ Wrapped BTC
→ Total return swaps
From that point, Bitcoin supply became theoretically INFINITE.
Not on-chain.
But in price discovery, which is what actually matters.
Synthetic Float Ratio (SFR).
The metric that explains everything.
Once synthetic supply overwhelms real supply, price no longer reacts to demand.
It reacts to positioning, hedging, and liquidation flows.
Wall Street can now trade against Bitcoin.
They're not guessing direction.
They're doing what they do in every derivatives-dominated market:
1⃣ Create unlimited paper BTC
2⃣ Short into rallies
3⃣ Trigger liquidations
4⃣ Cover lower
5⃣ Repeat
This isn't "speculation."
It's inventory creation.
They've effectively turned Bitcoin into a market where supply can be created on demand.
And they literally print their own Bitcoin out of thin air.
One real BTC can now simultaneously support:
→ An ETF share
→ A futures contract
→ A perpetual swap
→ An options delta
→ A broker loan
→ A structured note
All at THE SAME TIME.
That's six claims on one coin.
That is not a free market.
That is a fractional-reserve pricing system wearing a Bitcoin mask.
Ignore it if you want, but don't pretend you weren't warned.
I've been calling Bitcoin tops and bottoms for over a decade now, and I'll do it again in 2026.
Follow and turn on notifications before it's too late.
You don't want to miss my next call.
People wonder why I tweet so much about Charles Hoskinson.
It’s because if any of us regular peasants did half the stuff he did, we’d have been fired and exiled from polite society. And we’d have no one to blame but ourselves.
But Charles fails upwards no matter how many get hurt.
@ItsDave_ADA Well all the votes and swap overs don’t help man . I read all your post . Never have I heard except for today that I/o is trying to get funding to move us all forward at 5mil plus loss and that’s with treasury funding. I really hope you guys can find someone to fill that gap .
If only that could happen man ! We jumped into governance way too soon IMO . But Charles believed in the people , now look at it . Not sure if he considered social media and all the problems that would arise from Dereps being Brian washed . How can we end the CF is my question. What are your thoughts?
Am I the only one that would actually prefer @IOHK_Charles actually turned off community governance and have control of the treasury?
I actually think Cardano would be in a better place!
Anyone on the same page?
@ItsDave_ADA@TapTools Who owns the treasury? I’m in your stake pool for a long time now . Why can’t we have a fund to vote on not through Dreeps but from our own vote . Users will vote almost unanimously yes for this .