* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, September 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Bet on Bitcoin: The ‘digital gold’ is the ultimate safeguard against deflation, says Cathie Wood

November 3, 2023
in Business
Bet on Bitcoin: The ‘digital gold’ is the ultimate safeguard against deflation, says Cathie Wood
Share on FacebookShare on Twitter

In a compelling discussion on Bloomberg’s Merryn Talks Money podcast, Cathie Wood, the influential head of ARK Investment Management, firmly advocates Bitcoin as the ultimate safeguard against potential deflation. Emphasising its intrinsic qualities as a hedge against both inflation and deflation, Wood champions Bitcoin’s resilience in an evolving market. With an optimistic outlook on the convergence of AI and Bitcoin, she foresees a transformative landscape of micro tasks and unparalleled division of labor, unveiling a bold vision for the future.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Cathie Wood Says Bitcoin Is ‘Digital Gold’ as Deflation Hedge

By Merryn Somerset Webb and Sagarika Jaisinghani

Cathie Wood says she would unambiguously wager on Bitcoin — rather than gold or cash — to safeguard against the possibility of deflation in the coming decade.

The head of ARK Investment Management reiterated her view that she expects an era of falling prices, backed by new technologies including artificial intelligence, electric vehicles, robotics, genomic sequencing and blockchain — an opinion she has held since 2021 even as markets have focused on a new era of heightened inflation risks.

In response to a question on Bloomberg’s Merryn Talks Money podcast about which of the three asset classes she would choose to hold for 10 years, Wood said: “Bitcoin, hands down. Bitcoin is a hedge against both inflation and deflation because there’s no counterparty risk, and institutions are barely involved.” It’s “digital gold,” she said. Play Video

Watch here

Wood has been among the most optimistic voices on the cryptocurrency as she expects it to benefit from the wider growth in new technologies and innovations. She’s previously predicted that the price of Bitcoin would exceed $1 million in the next decade. It’s currently $35,000, roughly half its 2021 peak.

But after crashing 64% in 2022, Bitcoin’s value has more than doubled this year as market participants touted it as a potential inflation hedge, despite its failure to act as one during the biggest consumer-price surge since the early 1980s. More recently, the token has rallied on bets that the US Securities and Exchange Commission may soon approve exchange-traded funds that invest directly in the coin.

Wood is among those in prime position to benefit from ETF approvals. Her firm has applied for a Bitcoin ETF alongside 21Shares and invested in the Grayscale Bitcoin Trust. Wood’s $1.2 billion ARK Next Generation Internet ETF snapped up GBTC last November, when the discount was around 40%. The trust is the largest holding in the fund and has returned about 224% this year through Wednesday. That compares with a roughly 114% rally for Bitcoin. ARK sold some of its GBTC holdings last month.

On the podcast, Wood said she also expects a convergence between AI and Bitcoin. That’s “going to enable micro tasks globally and a division of labor in a way we can’t even imagine now.”

Read also:

Brace for 2024: Busy election calendar adds uncertainty to an already turbulent global economy
Tech stocks in turmoil: Investors seek clues as Nasdaq 100 retreats from AI-fuelled highs
Bitcoin surges to 17-month high on ETF speculation and regulatory wins

© 2023 Bloomberg L.P.

Visited 55 times, 55 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/global-investing/2023/11/03/bitcoin-digital-gold-safeguard-deflation-cathie-wood

Tags: Bitcoinbusinessdigital
Previous Post

Boardroom Talk – RW Johnson column confirms why MTBPS pivot IS such a big deal

Next Post

Everything you need to know about BRICS: From a concept to an expanding global powerhouse

Oil rig study reveals vital role of tiny hoverflies – Phys.org

Tiny Hoverflies Prove Essential to the Health of Oil Rig Ecosystems

September 19, 2025
Meet The “Grue Jay”: A Bizarre Rare Bird Spotted In Texas Is A Unique Hybrid Of Two Different Species – IFLScience

Discover the “Grue Jay”: A Bizarre and Rare Hybrid Bird Spotted in Texas

September 19, 2025
Tracing Iron’s Invisible Transformations Just Beneath Our Feet – eos.org

Uncovering Iron’s Hidden Transformations Beneath Our Feet

September 19, 2025
People who stay madly in love after 20+ years of marriage usually share these 9 daily habits – VegOut

9 Daily Habits That Keep Couples Madly in Love After 20+ Years Together

September 19, 2025
Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

September 19, 2025
How Taylor Morgan became one of Reno’s most recognizable sports voices – Nevada Sports Net

From Local Roots to Legendary: How Taylor Morgan Became Reno’s Most Recognizable Sports Voice

September 19, 2025
Scientists say they’ve found the world’s oldest mummies, and they’re far from Egypt – NBC News

Scientists say they’ve found the world’s oldest mummies, and they’re far from Egypt – NBC News

September 19, 2025
The growing chasm between MAGA and non-MAGA Republicans on Trump’s economy – Axios

The growing chasm between MAGA and non-MAGA Republicans on Trump’s economy – Axios

September 19, 2025
Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

September 19, 2025
CHOP researchers unveil framework for boosting children’s oral health – News-Medical

Revolutionary New Framework Set to Transform Children’s Oral Health

September 19, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (827)
  • Economy (846)
  • Entertainment (21,725)
  • General (17,124)
  • Health (9,891)
  • Lifestyle (860)
  • News (22,149)
  • People (850)
  • Politics (856)
  • Science (16,057)
  • Sports (21,346)
  • Technology (15,829)
  • World (830)

Recent News

Oil rig study reveals vital role of tiny hoverflies – Phys.org

Tiny Hoverflies Prove Essential to the Health of Oil Rig Ecosystems

September 19, 2025
Meet The “Grue Jay”: A Bizarre Rare Bird Spotted In Texas Is A Unique Hybrid Of Two Different Species – IFLScience

Discover the “Grue Jay”: A Bizarre and Rare Hybrid Bird Spotted in Texas

September 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version