Here’s Why Central Banks Could Add Bitcoin and Crypto to Their Balance Sheets, According to Cathie Wood – The Daily Hodl
Cathie Wood, founder of global asset management company ARK Invest, says she sees a scenario where central banks could start accumulating Bitcoin and other crypto assets.
In a new episode of The Breakdown podcast, the superstar hedge fund manager says her firm believes that deflation, not inflation, will hit global markets as consumer demand shifts from commodities to services.
“We are thinking the much higher probability is deflation. I know most people think that’s crazy given what’s going on,…