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Renowned investor Cathie Wood positioned Bitcoin as a "wealth insurance policy" on Saturday that AI-driven growth investments cannot provide.
In an X post, Wood argued that capital outflows from "less stable countries" will light a "fire" under Bitcoin and other cryptocurrencies.
The Ark Invest founder said that while AI has initiated a "technology revolution," it cannot serve as the "insurance policy" for wealth protection that many investors are currently seeking.
Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital ****** ets. AI has launched a technology revolution, deservedly sucking a lot of oxygen out of the investment world, but it cannot serve as the insurance policy… https://t.co/Xmtt1DnroX
Renowned investor Cathie Wood positioned Bitcoin as a "wealth insurance policy" on Saturday that AI-driven growth investments cannot provide.
In an X post, Wood argued that capital outflows from "less stable countries" will light a "fire" under Bitcoin and other cryptocurrencies.
The Ark Invest founder said that while AI has initiated a "technology revolution," it cannot serve as the "insurance policy" for wealth protection that many investors are currently seeking.
Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital ****** ets. AI has launched a technology revolution, deservedly sucking a lot of oxygen out of the investment world, but it cannot serve as the insurance policy… https://t.co/Xmtt1DnroX
4 months ago
