Cathie Wood: Bitcoin and Ethereum can outperform other asset classes

ChainCatcher news, Ark Invest CEO Cathie Wood recently stated that Bitcoin and Ethereum serve as risk-free assets, acting as a "safe haven" for investors facing macroeconomic uncertainty.

The recent turmoil in the banking sector indicates that the two largest cryptocurrencies by market capitalization can outperform other asset classes. Wood believes that as the industry gains more recognition and regulation, crypto will ultimately become a matter of choice. From our perspective, unlike traditional financial instruments, many crypto assets do not have significant failure points: they are decentralized, transparent, and auditable.

In contrast, Ray Dalio, founder of hedge fund Bridgewater Associates, expressed the opposite opinion: Bitcoin cannot become an "efficient currency" because it is too volatile and not accepted by central banks. (source link)