ARK Invest CEO Cathie Wood said Thursday that stablecoins have overtaken part of the role her firm once expected bitcoin to play, trimming roughly $300,000 from her prior long-term bull case for the cryptocurrency. In a recent podcast Cathie clarifies her previous statement.
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00:00 Intro
00:10 Sponsor: Uphold
01:00 Original controversial statement Cathie made on CNBCTV
02:30 Bitcoin Maxi Podcast: Cathie walks back statement
03:40 Bitcoiners attempt to convince Cathie
04:45 Bitcoin narrative on X
05:20 Steak n Shake challenge
06:00 Lightning Network stats
07:10 RLUSD
07:45 Cathie Wood is a better marketer than Bitcoin maxis
08:40 How Bitcoin is being used for Peer-To-Peer
09:30 Cathie Wood not convinced, walks back statement again
11:00 Cathie Wood says “Deminimus Tax” exemption is killing Bitcoin
12:50 Trump Will Buy Microstrategy to win midterms?
14:15 Cathie Wood claims corporate tax cuts will spur economy
15:30 Outro
#Crypto #bitcoin #ethereum
~Cathie Wood BACKTRACKS on Bitcoin?!🚨What Happened?~
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