In this episode, Steffy speaks with Dr. Julian Hosp, Blockchain expert and CEO of Cake DeFi. Cake DeFi is one of the pioneering platforms in the space, allowing users to get cashflow from their crypto.
Unlike most of DeFi advocates, Julian is quite positive about Bitcoin, what he calls ‘digital gold’. Given the recent economic impacts of covid, Bitcoin and cryptocurrencies can be a store of value to hedge against inflation and falls in the stock market.
They also talk about the NFT hype, Julian says that while the real value of cryptocurrencies is freedom and financial independence, NFTs are about uniqueness and status to the user, proving an emotional connection to the asset.
Another topic of the discussion is the evolution of the crypto space and how financial institutions started to embrace cryptocurrencies.