LATEST: Cathie Wood Advocates Bitcoin Over Gold as 10-Year Safety Investment

Ark Invest CEO Cathie Wood, a prominent Bitcoin supporter, has expressed her belief that Bitcoin surpasses gold as a 10-year safety investment. Speaking on a Bloomberg UK podcast, Wood passionately argued for Bitcoin’s superiority, citing its digital nature and potential for hedging against inflation and deflation. She highlighted Bitcoin’s appeal to younger investors and its ongoing evolution, while acknowledging gold’s historical significance. Wood’s perspective aligns with a growing trend favoring Bitcoin among millennials and Gen Z, suggesting a shifting landscape in investment preferences. Bitcoin’s recent performance further bolsters its standing as a formidable asset.

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