Ark Invest CEO Cathie Wood said Bitcoin will remain superior to all other blockchain projects due to its global monetary framework, unbreakable security, and role as a new asset class.
Ark Invest CEO Cathie Wood shared three main reasons why she believes Bitcoin will surpass all other cryptocurrencies in the long run. Speaking on The Master Investor Podcast, she described Bitcoin as a rule-based, limited-supply global monetary system that represents a revolution for the world economy.
Wood also emphasized that Bitcoin has never been hacked as a Layer 1 technology, making it the most reliable foundation for a global monetary structure. According to her, Bitcoin is not just a digital currency but also a symbol of trust and stability within the modern financial landscape.
Highlighting that Bitcoin has created a completely new asset class, Wood recalled that her team published the first white paper on the topic back in 2016. She added that Bitcoin has since become a historic turning point for both the financial system and the investment world, reaffirming Ark Invest’s strong belief in the “digital gold” narrative.
