Bitcoin Bull Cathie Wood Says Blockchain Technology To Come Ahead in New ‘Roaring Twenties’ After Fed Pivot - The Daily Hodl

Daily Hodl Staff
Daily Hodl Staff

16 Mar 2023 2:30 PM

ARK Investment Management head Cathie Wood is making a bold prediction about the future of finance and technology....

  • Cathie Wood predicts a surging economy reminiscent of the "Roaring Twenties" once the Federal Reserve pivots.
  • She believes that blockchain technology, along with four other tech innovations, will come out ahead once the economy starts surging.
  • Wood identifies the five major innovation platforms that are evolving at the same time: multiomics sequencing, robotics, energy storage, artificial intelligence, and blockchain technology.
  • She mentions that Tesla is leading the "charge" in three of these platforms.
  • Wood also says that the US bank collapse showed the benefits of cryptocurrencies, as they remained stable and networks performed reliably during the banking failures.

The article has a positive sentiment overall, as it discusses the potential for a surging economy and the benefits of blockchain technology and cryptocurrencies.

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Related Questions

What does Cathie Wood predict will happen once the Federal Reserve pivots?
What are the five major innovation platforms that Wood identifies?
Which company does Wood mention as leading the "charge" in three of these platforms?
What benefits of cryptocurrencies does Wood mention during the US bank collapse?
What is the overall sentiment of the article?

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