Katherine Wood: “Bitcoin is the only protection for money from inflation and currency devaluation”
The CEO of ARK Invest called bitcoin a good store of value and the best protection against the depreciation of government currencies in developing countries. Catherine Wood, in an interview with Yahoo Finance, noted that hyperinflation is happening all over the world, so bitcoin can become a safe haven for both the poor and the rich. Wood recalled that the supply of Bitcoin is limited to 21 million coins, which makes the first cryptocurrency immune…
