Weng Xiaoqi, Fu Peng: What do you think about Ethereum's recent slump? New Fire Group's Chief Economist Fu Peng (@fupenglondon) shared during a private session that Bitcoin has value storage properties similar to gold. Within this framework, Ethereum is more like "digital silver": it builds on value storage with an added layer of on-chain applications and ecosystem attributes. Fu Peng believes that about 80% of ETH's attributes follow Bitcoin, while the remaining 20% of its volatility comes from its own on-chain ecosystem. New Fire Group CEO Weng Xiaoqi (@0xLivio) added that Ethereum is akin to NVIDIA's CUDA, serving as the foundational platform for developers to build DApps. As speculative hot money exits the market, he looks forward to Ethereum having a "ChatGPT moment," where the decentralized model becomes a groundbreaking and irreplaceable phenomenon. Follow Wu Talk's YouTube channel for more professional interviews, podcasts, and short videos from the Crypto industry.