Cathie Wood, a renowned investment strategist, shared her vision for Bitcoin as a key element of the global financial system. She expressed confidence that Bitcoin is not only reducing its volatility but also has significant growth potential.
Declining Volatility of Bitcoin
Wood acknowledged that Bitcoin's historical volatility is gradually decreasing as the number of long-term holders increases. "That's the first thing people have to know about it," she said. "It's volatile—but that volatility is declining as the investor base strengthens."
Unmatched Security of Bitcoin
Wood highlighted Bitcoin’s unique security and resilience, noting that its layer-one blockchain has never been hacked since its launch in 2009. "Think about that," she said. "How many systems can say that?"
Betting on the Future of Finance
According to Wood, Bitcoin, Ethereum, Solana, and other digital assets are foundational to a new financial infrastructure. She positioned them as "vying to be the native currencies to the internet," helping to enable smart contracts and transform the financial services industry.
Wood reaffirms her bold forecasts for Bitcoin, asserting that it will become an essential financial instrument representing a new asset class capable of transforming traditional finance.
