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Cathie Wood’s Bold Prediction: Bitcoin to Hit $1 Million by 2030 Amid Economic Uncertainty

Cathie Wood, the founder of the investment firm Ark Invest and the ‘Queen of Stocks’, still says she expects Bitcoin will reach $1 million by 2030. In interviews with international press in recent weeks – at the same time that financial markets are growing shaky in the face of increasing global recessionary fears – she remains bullish on Bitcoin. She claims that Bitcoin’s future as an asset offers ‘a hedge’ against inflation, especially for inflation scares caused by supply chain issues.

Wood’s comments caused a record number of people to discuss her views online including those who reflected how things looked like through the lens of the Gospel of John as per one commenter. The commentator didn’t agree with all of Wood’s views but did acknowledge that the world was beginning to wake up to the possibility of Bitcoin. CoinDesk’s latest price updates for Bitcoin shows that the price was $67,603.01, a dip of 0.92 per cent within the past 24 hours.

Source: 自由時報電子報

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