+Follow
GoldGen
No personal profile
3
Follow
1
Followers
0
Topic
0
Badge
Posts
Hot
GoldGen
2024-08-15
Share your opinion about this news…
Sorry, the original content has been removed
GoldGen
2021-03-05
.
Bitcoin may replace bonds, Cathie Wood says
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3577676617755994","uuid":"3577676617755994","gmtCreate":1614583234244,"gmtModify":1614583234244,"name":"GoldGen","pinyin":"goldgen","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":3,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":7,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.06.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.04.10","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.31","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":338729737228656,"gmtCreate":1723701827626,"gmtModify":1723704292089,"author":{"id":"3577676617755994","authorId":"3577676617755994","name":"GoldGen","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577676617755994","idStr":"3577676617755994"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338729737228656","repostId":"2459889824","repostType":2,"isVote":1,"tweetType":1,"viewCount":2367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367327504,"gmtCreate":1614912635308,"gmtModify":1704776908531,"author":{"id":"3577676617755994","authorId":"3577676617755994","name":"GoldGen","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577676617755994","idStr":"3577676617755994"},"themes":[],"htmlText":". ","listText":". ","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367327504","repostId":"2116053570","repostType":2,"repost":{"id":"2116053570","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1614865860,"share":"https://ttm.financial/m/news/2116053570?lang=en_US&edition=fundamental","pubTime":"2021-03-04 21:51","market":"us","language":"en","title":"Bitcoin may replace bonds, Cathie Wood says","url":"https://stock-news.laohu8.com/highlight/detail?id=2116053570","media":"Dow Jones","summary":"MW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n\n\n Andrea Riquier \n\n\n 'Fixed income has don","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n</p>\n<p>\n Andrea Riquier \n</p>\n<p>\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n</p>\n<p>\n Bitcoin should be considered a new asset class, <a href=\"https://laohu8.com/S/AONE\">one</a> that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n</p>\n<p>\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n</p>\n<p>\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n</p>\n<p>\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n</p>\n<p>\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary <a href=\"https://laohu8.com/S/AONE.U\">one</a>. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n</p>\n<p>\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n</p>\n<p>\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n</p>\n<p>\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n</p>\n<p>\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n</p>\n<p>\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n</p>\n<p>\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n</p>\n<p>\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n</p>\n<p>\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n</p>\n<p>\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 04, 2021 08:51 ET (13:51 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin may replace bonds, Cathie Wood says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin may replace bonds, Cathie Wood says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-04 21:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n</p>\n<p>\n Andrea Riquier \n</p>\n<p>\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n</p>\n<p>\n Bitcoin should be considered a new asset class, <a href=\"https://laohu8.com/S/AONE\">one</a> that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n</p>\n<p>\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n</p>\n<p>\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n</p>\n<p>\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n</p>\n<p>\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary <a href=\"https://laohu8.com/S/AONE.U\">one</a>. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n</p>\n<p>\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n</p>\n<p>\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n</p>\n<p>\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n</p>\n<p>\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n</p>\n<p>\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n</p>\n<p>\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n</p>\n<p>\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n</p>\n<p>\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n</p>\n<p>\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 04, 2021 08:51 ET (13:51 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116053570","content_text":"MW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n\n\n Andrea Riquier \n\n\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n\n\n Bitcoin should be considered a new asset class, one that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n\n\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n\n\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n\n\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n\n\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary one. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n\n\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n\n\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n\n\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n\n\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n\n\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n\n\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n\n\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n\n\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n\n\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n March 04, 2021 08:51 ET (13:51 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"ARKIU":1}},"isVote":1,"tweetType":1,"viewCount":3854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":338729737228656,"gmtCreate":1723701827626,"gmtModify":1723704292089,"author":{"id":"3577676617755994","authorId":"3577676617755994","name":"GoldGen","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577676617755994","authorIdStr":"3577676617755994"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338729737228656","repostId":"2459889824","repostType":2,"isVote":1,"tweetType":1,"viewCount":2367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367327504,"gmtCreate":1614912635308,"gmtModify":1704776908531,"author":{"id":"3577676617755994","authorId":"3577676617755994","name":"GoldGen","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577676617755994","authorIdStr":"3577676617755994"},"themes":[],"htmlText":". ","listText":". ","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367327504","repostId":"2116053570","repostType":2,"repost":{"id":"2116053570","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1614865860,"share":"https://ttm.financial/m/news/2116053570?lang=en_US&edition=fundamental","pubTime":"2021-03-04 21:51","market":"us","language":"en","title":"Bitcoin may replace bonds, Cathie Wood says","url":"https://stock-news.laohu8.com/highlight/detail?id=2116053570","media":"Dow Jones","summary":"MW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n\n\n Andrea Riquier \n\n\n 'Fixed income has don","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n</p>\n<p>\n Andrea Riquier \n</p>\n<p>\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n</p>\n<p>\n Bitcoin should be considered a new asset class, <a href=\"https://laohu8.com/S/AONE\">one</a> that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n</p>\n<p>\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n</p>\n<p>\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n</p>\n<p>\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n</p>\n<p>\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary <a href=\"https://laohu8.com/S/AONE.U\">one</a>. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n</p>\n<p>\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n</p>\n<p>\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n</p>\n<p>\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n</p>\n<p>\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n</p>\n<p>\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n</p>\n<p>\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n</p>\n<p>\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n</p>\n<p>\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n</p>\n<p>\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 04, 2021 08:51 ET (13:51 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin may replace bonds, Cathie Wood says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin may replace bonds, Cathie Wood says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-04 21:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n</p>\n<p>\n Andrea Riquier \n</p>\n<p>\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n</p>\n<p>\n Bitcoin should be considered a new asset class, <a href=\"https://laohu8.com/S/AONE\">one</a> that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n</p>\n<p>\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n</p>\n<p>\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n</p>\n<p>\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n</p>\n<p>\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary <a href=\"https://laohu8.com/S/AONE.U\">one</a>. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n</p>\n<p>\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n</p>\n<p>\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n</p>\n<p>\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n</p>\n<p>\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n</p>\n<p>\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n</p>\n<p>\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n</p>\n<p>\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n</p>\n<p>\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n</p>\n<p>\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 04, 2021 08:51 ET (13:51 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116053570","content_text":"MW UPDATE: Bitcoin may replace bonds, Cathie Wood says\n\n\n Andrea Riquier \n\n\n 'Fixed income has done 40 years of really hard work...If Bitcoin represents a new asset class, why not invest in it?' \n\n\n Bitcoin should be considered a new asset class, one that may even serve as a reserve currency in the future, ARK Invest's Cathie Wood said Thursday. \n\n\n \"You think about the traditional 60/40 stock-bond portfolio, but look what's happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What's next? We think crypto could be the solution,\" said Wood, who's the founder and CEO of a family of exchange-traded funds based on disruptive technologies . \n\n\n As Wood spoke at a virtual conference sponsored by Bloomberg, bonds continued to sell off and other central banks have pledged to support global economies by buying bonds for as long as it's needed, a policy which has helped Bitcoin gain in value. \n\n\n \"We know there's a concern given all the quantitative easing and the no-rules based monetary policy out there. Fixed income has done 40 years of really hard work,\" Wood said. \"If Bitcoin represents a new asset class, why not invest in it?\" \n\n\n Wood clarified that she still thinks we're in a deflationary environment, not an inflationary one. That's because \"technologically enabled innovation and creative destruction\" brings prices down. \n\n\n Read next: Coronavirus was the perfect storm for tech innovation, and this fund manager made out \n\n\n Still, there are indications investors are searching for an additional asset class, including the performance of gold, Wood pointed out. \n\n\n \"The dollar dropping 7% on a trade-weighed basis last year and falling further this year is another stimulus. It should be a stimulus for gold, but Bitcoin is getting the incremental flows that might go to gold.\" \n\n\n In the year to date, the gold price is down a little more than 6%, while Bitcoin has skyrocketed 75%. \n\n\n Wood pointed to institutions investing in Bitcoin as an example of its becoming more mainstream. \n\n\n Companies like Tesla Inc . and MassMutual are \"using Bitcoin as a hedge against what could go wrong. Cash is supposed to be the ultimate risk-off asset of choice and here we have Bitcoin serving that,\" she said. \n\n\n While some crypto critics say Bitcoin has no use cases, Wood disagrees. \"It represents insurance against unhinged monetary policy and outright wealth segregation in some countries,\" she said. \n\n\n All of that adds up to trillions of dollars of market cap potential, up from about $900-950 billion now, she said. \n\n\n -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n March 04, 2021 08:51 ET (13:51 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"ARKIU":1}},"isVote":1,"tweetType":1,"viewCount":3854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
