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Why Cathie Wood Thinks Bitcoin Could Replace Bonds

The ARK Investment founder discussed bitcoin’s replacement as a substitute store of value at the Bloomberg Crypto Summit.

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The ARK Investment founder discussed bitcoin’s opportunity to act as a replacement store of value at the Bloomberg Crypto Summit.

This episode is sponsored by Nexo.io.

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Today on the Brief:

  • SEC investigating Elon’s DOGE tweets?
  • US income growth has second biggest monthly gain ever
  • Robinhood growth suggests crypto mainstreaming

Main discussion: Cathie Wood thinks Bitcoin could replace bonds. In this episode, NLW lays out:

  • How Cathie Wood made a name by being early in Tesla, Bitcoin and innovation
  • How ARK’s funds have grown
  • Why bonds aren’t performing anymore and why bitcoin could fill the gap in investor’s portfolios

See also: Violent Reflexivity: Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein

Image credit: Alex Flynn/Bloomberg/Getty Images

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore