Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Cathie Wood: Musk will be successful in the new initiative to reduce the size and scope of government

Cathie Wood: Musk will be successful in the new initiative to reduce the size and scope of government

Bitget2024/12/20 06:46

According to Bloomberg, ARK Invest CEO Cathie Wood recently stated that as part of the Department of Government Efficiency, Musk will be effective in his new initiative to reduce the size and scope of government because he understands where regulatory pressure and obstacles come from. In addition, Cathie Wood reiterated her view that "Bitcoin could exceed $1 million by 2030," stating that Bitcoin is becoming scarcer than gold. The difference between gold and Bitcoin is that when the price of gold rises, production increases and supply grows faster, which does not happen with Bitcoin.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!