# 2022-23 downturn will end in a recovery rooted in real growth, centered on Cosmos

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2022-06-29
- **Theme:** Other — https://www.gregosuri.com/predictions/other/
- **Source:** Akash Weekly Spaces - June 29th (Akash Network)
- **Watch at:** 00:15:04 — https://www.youtube.com/watch?v=M6-8x4WUMjo&t=904s
- **Canonical:** https://www.gregosuri.com/predictions/other/2022-06-29-2022-23-downturn-will-end-in-a-recovery-rooted-in-yjkh/
- **Cite as:** Greg Osuri, "2022-23 downturn will end in a recovery rooted in real growth, centered on Cosmos," Akash Weekly Spaces - June 29th (Akash Network), 29 Jun 2022, 00:15:04. https://www.youtube.com/watch?v=M6-8x4WUMjo&t=904s

## Quote — verbatim

> I think we're going to see a similar pattern in 2022 and 2023: I think we're going to see a year-long crisis and then it's going to be an upturn, and I think that will be rooted in real growth... last time it was about product-market fit, this time it's going to be about growth and people using real products.

## Context — site annotation, not spoken

Comparing to the 2018 peak-to-trough and 2019 DeFi-led recovery; he adds "Ethereum and none of the actual shared-state chains can deliver that level of user experience — that's why I'm extremely bullish on the Cosmos model, the sovereign model" [00:15:47].