{"id":73574,"date":"2023-02-03T17:21:27","date_gmt":"2023-02-03T15:21:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73574"},"modified":"2025-09-09T14:51:17","modified_gmt":"2025-09-09T11:51:17","slug":"cathie-wood-says-bitcoin-is-the-best-financial-hedge","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cathie-wood-says-bitcoin-is-the-best-financial-hedge\/","title":{"rendered":"Cathie Wood says Bitcoin is the best financial hedge"},"content":{"rendered":"<p>ARK Invest CEO Cathie Wood says Bitcoin is the best form of protection against wealth erosion and an insurance policy for developing countries. She said this in an interview with <a href=\\\"https:\/\/finance.yahoo.com\/quote\/ARKK\/\\\">Yahoo Finance<\/a>.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;Across the world we are witnessing hyperinflation as fiat currencies collapse. All segments of the population need a fallback option \u2014 an insurance policy like Bitcoin,&#8221; Wood said.<\/p>\n<\/blockquote>\n<p>In her view, all segments of the population \u2014 both the poor and the wealthy \u2014 will benefit from using digital gold.<\/p>\n<p>Regarding the latter, she pointed to the possibility of protecting wealth from confiscation in jurisdictions such as China or Russia through Bitcoin. A user can always recover access to the cryptocurrency using the seed phrase.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;Just keep this key in your head, and at some point you will be able to cross the border and reclaim your wealth,&#8221; Wood advised.<\/p>\n<\/blockquote>\n<p>Earlier, the founder of ARK Invest forecast <a href=\"https:\/\/u1f987.com\/en\/news\/cathie-wood-forecasts-bitcoins-market-capitalisation-to-reach-4-5-trillion\">Bitcoin&#8217;s market capitalisation to rise to $4.5 trillion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARK Invest CEO Cathie Wood says Bitcoin is the best form of protection against wealth erosion and an insurance policy for developing countries. She told Yahoo Finance.<\/p>\n","protected":false},"author":1,"featured_media":73575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1219,1138],"class_list":["post-73574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cathie-wood","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=73574"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73574\/revisions"}],"predecessor-version":[{"id":73576,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73574\/revisions\/73576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73575"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}