Renowned investor Cathie Wood positioned Bitcoin (CRYPTO: BTC) as a “wealth insurance policy” on Saturday that AI-driven growth investments cannot provide.

Wood Says AI Investments Can’t Compete With Bitcoin On This Front

In an X post, Wood argued that capital outflows from “less stable countries” will light a “fire” under Bitcoin and other cryptocurrencies.

The Ark Invest founder said that while AI has initiated a “technology revolution,” it cannot serve as the “insurance policy” for wealth protection that many investors are currently seeking.

Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital assets. AI has…