- Dr. Julian Hosp provided insights into the future of Bitcoin and Ethereum.
- The community will not focus so much on the short term, states Julian
- The future of ETH is not unwinding yet since a large part of Ethereum is staked.
Dr. Julian Hosp, the CEO of CakeDeFi has released a Youtube video citing special insights on whether Bitcoin, Ethereum, or Micro Finance will over- or under-perform. In his Video, Julian features Fabio, a BTC, ETH, and DFI holder.
Giving a summary of the 2022 market, Fabio believes that when the year started, it felt just like buying the dip opportunity, which was not expected of him until 2023 came in.
In the footage, Fabio states:
It was devastating, especially in crypto, I guess general markets. We had like 20% correction and we just hung in there, from a company perspective.
On his hand, Julian believes that the community will not focus so much on the short term in 2023. He adds that in his thoughts, “the winners in 2023 are all those that are going to play for 2024”. Moreover, according to him, this is because people have big hopes for the next Bitcoin Halving which is anticipated to take place in 2024.
With regard to the Bitcoin Halving Julian mentioned:
It may not have an impact.
Questioning about how Macro finance will behave, Fabio answers that the worst case would probably be stagflation for a prolonged period. According to him, the most difficult and worst environment would be when major companies face sideways volatility or go down and with inflation elevated by 4% to 6%.
Moreover, Dr. Julian adds;
This would turn out as a repetition of 2020 and 2021 and 2022.
The conversation also touched on the prospects of the second-largest cryptocurrency, Ethereum. According to Fabio, the future of ETH is not unwinding yet since a large part of Ethereum is staked. He adds that this would be clear if a large amount of people begin to un-stake after the shanghai upgrade in Q2 of 2023.