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Hoskinson predicts that DeFi will come to Bitcoin, taking advantage of its security and liquidity, as BTC has a market capitalization of over $1.3 trillion, making it the original and therefore oldest blockchain. predicts that it will dwarf what Solana (SOL) and Ethereum (ETH) have done so far. .
Hoskinson details how Bitcoin will take over DeFi
Charles Hoskinson mapped out how Bitcoin could become the new foundation for decentralized finance.
Hoskinson said in a post on X on Friday that he intends to help push for the full integration of DeFi into the Bitcoin blockchain.
Hoskinson launched the Bitcoin Education Project in 2013 to provide free peer-reviewed content about Bitcoin and the broader crypto domain. Now that Bitcoin is “back in the family,” he plans to restart the project in 2025 and create a new edition of his course with an educational program.
 According to Cardano's creators, the new edition revamps previous content and includes resources specific to developers planning to create and deploy applications on the Bitcoin network.
In particular, Bitcoin developers will be able to use Aiken, a modern programming language and toolkit for developing smart contracts on the Cardano blockchain.
Hoskinson also shared that Babel fees will allow Bitcoin developers to use Aiken to develop Cardano-Bitcoin hybrid applications and pay transaction costs in Bitcoin.
“DeFi is coming to Bitcoin as well, and it will dwarf what Solana and Ethereum have been doing,” he concluded.
Hoskinson’s change of heart towards BTC
Hoskinson's grand Bitcoin plans come just months after he slammed Alpha crypto. In May, he said in a video that the cryptocurrency sector no longer needs Bitcoin to survive. However, he believed that BTC cannot survive without the rest of the digital assets because it is a “religion, not an ecosystem.”
And in July, the Ethereum co-founder declared that his pet project ADA was on track to steal Bitcoin.
However, Hoskinson appears to have had a change of heart following a recent innovative partnership between Cardano's founding entity EMURGO and Bitcoin rollup protocol BitcoinOS. This collaboration aims to introduce Bitcoin to Cardano's smart contract layer, expanding its utility and potential without changing the core network.
At the time of writing, ADA is trading at $0.33, down 3% in the past 24 hours following a broader market correction.
