"This Is Why Crypto Is About To EXPLODE" Cathie Wood Bitcoin Prediction
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"This Is Why Crypto Is About To EXPLODE" Cathie Wood Bitcoin Prediction
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Cathie Wood along side her firm ARK Invest believes that that Bitcoin is going to 1.4 Million Dollars by 2030 and that the disruptive innovation market is going to go from $10 Trillion Dollars to $210 Trillion in just 6 short years.
With AI exploding in adoption and with crypto once again gaining traction, Cathie Wood’s disruptive innovation thesis is beginning to prove itself in a big way. At the last Crypto Bahamas event hosted by SALT, Cathie Wood was joined with cryptocurrency investment firm CEO Mike Novogratz to talk about just how big the opportunity of Bitcoin & the entire Crypto space really is.
Mike Novogratz believes we are going to see severe inflation which will fuel adoption and price increases for Bitcoin. However, Cathie with disruptive innovation hypothesis believes technology is hugely deflationary and we are going to see massive deflationary pressures over the next few years. Interestingly, no matter which side you take, Inflation or Deflation, all roads lead to more adoption for cryptocurrency and higher prices for Bitcoin.
About Cathie Wood:
Catherine Duddy Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.
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