Bitcoin Leads the Crypto Space, Says Cathie Wood, Dismissing Ethereum
TLDR
- Cathie Wood believes Bitcoin will remain the dominant cryptocurrency in the long run, surpassing all other coins.
- She explains that Bitcoin’s capped supply and decentralized nature make it a unique and valuable monetary system.
- Wood acknowledges that stablecoins play a role in DeFi but sees them as secondary to Bitcoin’s overall impact.
- According to Wood, Bitcoin’s blockchain technology is more secure and transparent compared to traditional financial systems.
- Wood disagrees with the view that Ethereum could surpass Bitcoin, highlighting Bitcoin’s superior role in the crypto market.
Cathie Wood, the CEO of ARK Invest, recently expressed her preference for Bitcoin over Ethereum during an interview with Wilfred…
