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自由的杜康
2021-01-14

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Female stock goddess Cathie Wood: Is Bitcoin overvalued because it doubled?

2021年1月9日，当前最火的女股神 ARK 基金的负责人 Cathie Wood 在其官方平台做了一期视频，讲解了她对于目前市场的看法。以下为原视频的内容摘要：我首先来复盘下去年底的观点，我当时

Female stock goddess Cathie Wood: Is Bitcoin overvalued because it doubled?

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":335610134,"tweetId":"335610134","gmtCreate":1610584611728,"gmtModify":1704984710735,"author":{"id":3525945429233990,"idStr":"3525945429233990","authorId":3525945429233990,"authorIdStr":"3525945429233990","name":"自由的杜康","avatar":"https://static.tigerbbs.com/ece392899bb9132c7aaaf2b90d3a5e82","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Mark</body></html>","htmlText":"<html><head></head><body>Mark</body></html>","text":"Mark","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/335610134","repostId":1102650771,"repostType":4,"repost":{"id":"1102650771","kind":"news","pubTimestamp":1610513403,"share":"https://ttm.financial/m/news/1102650771?lang=en_US&edition=fundamental","pubTime":"2021-01-13 12:50","market":"us","language":"zh","title":"Female stock goddess Cathie Wood: Is Bitcoin overvalued because it doubled?","url":"https://stock-news.laohu8.com/highlight/detail?id=1102650771","media":" 发蓝壳 ","summary":"2021年1月9日，当前最火的女股神 ARK 基金的负责人 Cathie Wood 在其官方平台做了一期视频，讲解了她对于目前市场的看法。\n以下为原视频的内容摘要：\n我首先来复盘下去年底的观点，我当时","content":"On January 9, 2021, Cathie Wood, the head of the currently hottest female stock god ARK Fund, made a video on her official platform, explaining her views on the current market.The following is a summary of the content of the original video:First of all, I came to review's point of view at the end of last year. At that time, I thought that the Democratic Party would sweep the Senate and the House of Representatives. This prediction was not wrong.Because I'm focused on longer term tax rates, especially capital gains tax rates and corporate tax rates, I think this will be bad for the market. But the stock market doesn't seem to think that's a very bad thing. Because the market is focusing more on stimulus plans, including the possibility of another $1 trillion stimulus plan. So the bull market continues, whether it's cyclical or growth stocks. So I was wrong about the short-term impact before.I need to explain where I'm wrong, and this is important.What was correct in our judgment last year was that the V-shaped reversal of the economy will continue until this year. There may be some fluctuations in the process due to the infection rate and mortality rate in Novel Coronavirus. People have experienced chaotic lives and fear, so I feel economic stimulus is necessary.I think there will be explosive growth in corporate earnings this year, which will be the biggest unexpected earnings growth I have encountered in my career.If earnings of the S&P 500 averaged $100 last year and $140 the previous year, then we expect it to reach $200 in 2021.Last week, the yield of 10-year Treasury Bond exceeded 1%, which broke the long-term trend that people thought was not easy to break.The bull market is expanding to cyclical stocks, and we are happy to see this phenomenon. This is a virtuous circle.Next Tuesday, we will update more views on innovation, and then our analysts will also participate.M2 has increased by 26% over the previous year. We have never met such a figure before, which brings many new problems.If people are worried about the price increase of commodities and the decline of the US dollar, we believe the Fed will have to reassess its policy now. We do not believe the Fed will continue to maintain neutral and accommodative monetary policy.Copper prices are already 75% above their March lows and rising. It's a precursor to inflation.If the Federal Reserve reassesses interest rates, we think it is good news. A lot of people are worried because no one likes change. But like our view in 2017 when the Fed pushed interest rates higher, this shows that the Fed feels comfortable enough to let the markets work on their own.In terms of fiscal policy, we do want to increase another $1 trillion, but once we survive the economic damage caused by Novel Coronavirus, I don't think more economic stimulus is needed, which will only lead to higher taxes and waste.The Democratic Party is a bit too strong in the Senate and the House of Representatives now (PS: wood's expression is a little helpless at this time, obviously she is a little worried), but we have to face this fact, and we must be vigilant.I believe that after Biden took office. At least at first, it will be a softer attitude to unite all parties to do things together. Infrastructure construction will be one of them.We are very focused on a lot of innovations in health care. Health care was a high priority when Trump took office, and it will continue to be maintained after Biden takes office. The Biden administration wants lower healthcare prices while accelerating approval of breakthrough therapies.Now even Republicans know that the cost of clean energy and electric vehicles has been reduced to new levels, and it is no longer what it needed to be subsidized for years.The part that hurts the most is increasing tax rates. If capital gains and corporate taxes are raised, plus some regulation, we may see creative people or companies migrate to other cities or countries. We are a global investment fund, so we will invest with these excellent companies and talents.When I was interviewed by Bloomberg not long ago, the host asked me, why do you want to talk about economy and politics? What I want to say is that my background is economics and finance, and I need to have an overall view of the economy to guide my investment. As I said before, Novel Coronavirus is a shock to the economy rather than a comprehensive economic recession.Today's pattern of employment remains weak, with half a million jobs lost in a month. But if you look at the report carefully, you will find that the employment hours in the manufacturing industry are stronger than expected, and the overtime hours in the manufacturing industry have also increased, which shows that the manufacturing industry is catching up with the demand of the housing and automobile markets.Another interesting figure in the jobs report is the new 0.8% increase in hourly wages. I don't remember seeing a higher figure than this, except for the early 80s when inflation reached double digits and the hourly wage increased by 5.1% per hour.We experienced a large-scale stimulus in the first quarter. I can't predict how much GDP will grow now, but it is definitely in the early stage of a rebound.I always keep an eye on inflation. Now there are a lot of people who think inflation is dead. What I want to say is that early in my career, it was the late 1970s, I talked to investment managers, and they would say that economists in the 1960s declared inflation dead, but by '73 inflation happened, OPEC cut production, and oil prices quadrupled.What we see now is that inflation has not risen, and funds are flowing to the stock market and real estate, but there may be such a psychological expectation that in order to get rid of inflation, people will spend their money in advance. If funds continue to enter the capital market, the turnover rate of money will continue to decline, and the risk of 26% growth of M2 will be shared.We've had a 40-year bond bull market in the past Every bond bargain hunting was correct.In the long run, we are bearish on crude oil prices, with the peak being in 2008. During the V-shaped economic rebound, we will see large fluctuations in oil prices.Another thing we treat very carefully is the US dollar. Last year, the US dollar depreciated by about 7%, which means that we lost 7% of our purchasing power, and at the same time, we lost a little purchasing power because of our inflation. Although inflation is still very low or even It may be exaggerated, because the consumption of the digital economy will not be included in statistics.If the dollar collapses at this position, it will be a very major collapse, and from the long-term chart, it will force the Federal Reserve to reassess its policy.Dealing with loss of purchasing power, I would focus on Bitcoin. Bitcoin has doubled in the past month. I was chatting with Jeff a few days ago. He has seen many charts. Compared with the high point of Bitcoin in 2017, it usually takes 10 to 20 years to return to the high point, but it only took Bitcoin three years. Time, this is a very rare phenomenon.This causes people to think: Are we making mistakes in monetary policy? How will we pay for this mistake in the future? One widely recognized form is inflation, and our preferred way to solve this problem is to expand our investment in innovation.Everyone is looking for a way to hedge against inflation, and I don't think it's better than Bitcoin. Gold is also rising, but it lags far behind Bitcoin. We can see what will happen to the two in the future.I've received a lot of phone calls recently from companies asking whether to put Bitcoin in their balance sheets, which companies like Square and micro strategy are already doing.I think Bitcoin also needs to introduce more regulation to verify its value. Brian Brooks, head of the Office of the Comptroller of the Currency (OCC), recently said that public blockchains can be used for transactions, while banks can participate as nodes. It seemed to me like a bolt of lightning in the dark, something I had never expected before.Cryptocurrency still has a longer way to go, and it's just the beginning. I estimate that the current market value of Bitcoin is about 700 billion US dollars. Although many people have doubled their profits from 20,000 to 40,000, 700 billion is still not big. You can refer to Tesla's 800 billion market value.In the end, Wood looked forward to a bright future.","source":"lsy1610513281462","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>Female stock goddess Cathie Wood: Is Bitcoin overvalued because it doubled?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nFemale stock goddess Cathie Wood: Is Bitcoin overvalued because it doubled?\n</h2>\n<h4 class=\"meta\">\n\n 发蓝壳 2021-01-13 12:50\n\n</h4>\n</header>\n<article>\nOn January 9, 2021, Cathie Wood, the head of the currently hottest female stock god ARK Fund, made a video on her official platform, explaining her views on the current market.The following is a summary of the content of the original video:First of all, I came to review's point of view at the end of last year. At that time, I thought that the Democratic Party would sweep the Senate and the House of Representatives. This prediction was not wrong.Because I'm focused on longer term tax rates, especially capital gains tax rates and corporate tax rates, I think this will be bad for the market. But the stock market doesn't seem to think that's a very bad thing. Because the market is focusing more on stimulus plans, including the possibility of another $1 trillion stimulus plan. So the bull market continues, whether it's cyclical or growth stocks. So I was wrong about the short-term impact before.I need to explain where I'm wrong, and this is important.What was correct in our judgment last year was that the V-shaped reversal of the economy will continue until this year. There may be some fluctuations in the process due to the infection rate and mortality rate in Novel Coronavirus. People have experienced chaotic lives and fear, so I feel economic stimulus is necessary.I think there will be explosive growth in corporate earnings this year, which will be the biggest unexpected earnings growth I have encountered in my career.If earnings of the S&P 500 averaged $100 last year and $140 the previous year, then we expect it to reach $200 in 2021.Last week, the yield of 10-year Treasury Bond exceeded 1%, which broke the long-term trend that people thought was not easy to break.The bull market is expanding to cyclical stocks, and we are happy to see this phenomenon. This is a virtuous circle.Next Tuesday, we will update more views on innovation, and then our analysts will also participate.M2 has increased by 26% over the previous year. We have never met such a figure before, which brings many new problems.If people are worried about the price increase of commodities and the decline of the US dollar, we believe the Fed will have to reassess its policy now. We do not believe the Fed will continue to maintain neutral and accommodative monetary policy.Copper prices are already 75% above their March lows and rising. It's a precursor to inflation.If the Federal Reserve reassesses interest rates, we think it is good news. A lot of people are worried because no one likes change. But like our view in 2017 when the Fed pushed interest rates higher, this shows that the Fed feels comfortable enough to let the markets work on their own.In terms of fiscal policy, we do want to increase another $1 trillion, but once we survive the economic damage caused by Novel Coronavirus, I don't think more economic stimulus is needed, which will only lead to higher taxes and waste.The Democratic Party is a bit too strong in the Senate and the House of Representatives now (PS: wood's expression is a little helpless at this time, obviously she is a little worried), but we have to face this fact, and we must be vigilant.I believe that after Biden took office. At least at first, it will be a softer attitude to unite all parties to do things together. Infrastructure construction will be one of them.We are very focused on a lot of innovations in health care. Health care was a high priority when Trump took office, and it will continue to be maintained after Biden takes office. The Biden administration wants lower healthcare prices while accelerating approval of breakthrough therapies.Now even Republicans know that the cost of clean energy and electric vehicles has been reduced to new levels, and it is no longer what it needed to be subsidized for years.The part that hurts the most is increasing tax rates. If capital gains and corporate taxes are raised, plus some regulation, we may see creative people or companies migrate to other cities or countries. We are a global investment fund, so we will invest with these excellent companies and talents.When I was interviewed by Bloomberg not long ago, the host asked me, why do you want to talk about economy and politics? What I want to say is that my background is economics and finance, and I need to have an overall view of the economy to guide my investment. As I said before, Novel Coronavirus is a shock to the economy rather than a comprehensive economic recession.Today's pattern of employment remains weak, with half a million jobs lost in a month. But if you look at the report carefully, you will find that the employment hours in the manufacturing industry are stronger than expected, and the overtime hours in the manufacturing industry have also increased, which shows that the manufacturing industry is catching up with the demand of the housing and automobile markets.Another interesting figure in the jobs report is the new 0.8% increase in hourly wages. I don't remember seeing a higher figure than this, except for the early 80s when inflation reached double digits and the hourly wage increased by 5.1% per hour.We experienced a large-scale stimulus in the first quarter. I can't predict how much GDP will grow now, but it is definitely in the early stage of a rebound.I always keep an eye on inflation. Now there are a lot of people who think inflation is dead. What I want to say is that early in my career, it was the late 1970s, I talked to investment managers, and they would say that economists in the 1960s declared inflation dead, but by '73 inflation happened, OPEC cut production, and oil prices quadrupled.What we see now is that inflation has not risen, and funds are flowing to the stock market and real estate, but there may be such a psychological expectation that in order to get rid of inflation, people will spend their money in advance. If funds continue to enter the capital market, the turnover rate of money will continue to decline, and the risk of 26% growth of M2 will be shared.We've had a 40-year bond bull market in the past Every bond bargain hunting was correct.In the long run, we are bearish on crude oil prices, with the peak being in 2008. During the V-shaped economic rebound, we will see large fluctuations in oil prices.Another thing we treat very carefully is the US dollar. Last year, the US dollar depreciated by about 7%, which means that we lost 7% of our purchasing power, and at the same time, we lost a little purchasing power because of our inflation. Although inflation is still very low or even It may be exaggerated, because the consumption of the digital economy will not be included in statistics.If the dollar collapses at this position, it will be a very major collapse, and from the long-term chart, it will force the Federal Reserve to reassess its policy.Dealing with loss of purchasing power, I would focus on Bitcoin. Bitcoin has doubled in the past month. I was chatting with Jeff a few days ago. He has seen many charts. Compared with the high point of Bitcoin in 2017, it usually takes 10 to 20 years to return to the high point, but it only took Bitcoin three years. Time, this is a very rare phenomenon.This causes people to think: Are we making mistakes in monetary policy? How will we pay for this mistake in the future? One widely recognized form is inflation, and our preferred way to solve this problem is to expand our investment in innovation.Everyone is looking for a way to hedge against inflation, and I don't think it's better than Bitcoin. Gold is also rising, but it lags far behind Bitcoin. We can see what will happen to the two in the future.I've received a lot of phone calls recently from companies asking whether to put Bitcoin in their balance sheets, which companies like Square and micro strategy are already doing.I think Bitcoin also needs to introduce more regulation to verify its value. Brian Brooks, head of the Office of the Comptroller of the Currency (OCC), recently said that public blockchains can be used for transactions, while banks can participate as nodes. It seemed to me like a bolt of lightning in the dark, something I had never expected before.Cryptocurrency still has a longer way to go, and it's just the beginning. I estimate that the current market value of Bitcoin is about 700 billion US dollars. Although many people have doubled their profits from 20,000 to 40,000, 700 billion is still not big. You can refer to Tesla's 800 billion market value.In the end, Wood looked forward to a bright future.\n<div class=\"bt-text\">\n\n\n source：<a href=\"https://mp.weixin.qq.com/s/eRMF2oDihayj4TByQaD0SA\"> 发蓝壳 </a>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7dd2152581565896b6d0d7c18db607b0","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://mp.weixin.qq.com/s/eRMF2oDihayj4TByQaD0SA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102650771","content_text":"2021年1月9日，当前最火的女股神 ARK 基金的负责人 Cathie Wood 在其官方平台做了一期视频，讲解了她对于目前市场的看法。\n以下为原视频的内容摘要：\n我首先来复盘下去年底的观点，我当时认为民主党将横扫参众两院，这个预测没有错。\n因为我专注于更长远的税率，尤其是资本利得税利率和公司税率，我认为这会对市场不利。但是股票市场似乎并没有认为那是一个非常糟糕的事情。因为市场把精力更多的放在刺激计划上，包括另外1万亿美元刺激计划的可能。所以牛市在继续，不管是周期股还是成长股。所以我之前对于短期的影响判断错了。\n我需要解释哪里我说错了，这个很重要。\n去年我们的判断里正确的，是经济 V 形反转并且会持续到今年。可能在这个过程中会因为新冠病毒的感染率和死亡率产生一些波动。人们经历了混乱的生活和恐惧，所以我觉得经济刺激是有必要的。\n我认为今年企业的盈利会有爆炸式的增长，这会是我职业生涯中遇到的最大的超预期的盈利增长。\n如果去年标普500的收益（earnings）平均是100美金，前一年是140美金，那么我们预计2021年会达到200美金。\n上一周10年期国债收益率突破了1%，这打破了人们认为不容易突破的长期的趋势。\n牛市正在向周期股扩大，我们很高兴看到这一现象，这是良性循环。\n下周二我们将更新更多的关于创新的观点，到时我们的分析师也会一起参与。\nM2 比上一年增长了26%，我们从前从来没有遇见过这样的数字，这带来了很多新的问题。\n如果人们担心大宗商品的价格上涨和美元的下跌，我们相信美联储将不得不重新评估现在的政策。我们不认为美联储将继续保持中立和宽松的货币政策。\n铜的价格已经比三月的低点高出了75%， 并且还在上涨。这是通货膨胀的前兆。\n如果美联储重新评估利率，我们觉得是个好消息。很多人很担心，因为没有人喜欢改变。但是就像我们在2017年美联储推高利率时的观点一样，这表明美联储感觉到足够放心让市场自己运作。\n财政政策方面我们确实希望再增加1万亿美元，但是一旦我们撑过了因为新冠病毒而遭受的经济破坏之后，我不认为还需要更多的经济刺激，这只会导致更高的税收和浪费。\n在参众两院民主党现在有点太强大了（PS：wood 此时表情有点无奈，显然她有点担心）但是我们不得不面对这个事实，我们必须保持警惕。\n我相信拜登在上台之后。至少最开始会以更柔和的姿态来联合各方一起做事。基础设施建设会是其中的一方面。\n我们非常专注于健康医疗方面的大量创新。川普任上的时候健康医疗就是高优先级的，拜登上台后还会继续保持。拜登政府想要更低的医疗价格，同时加速批准突破性疗法。\n现在即使共和党人也知道清洁能源和电动汽车的成本已经降低到了新的水平，已经不再是过去多年需要补贴的那样了。\n最具伤害的部分是增加税率。如果提高资本利得税和公司税，再加上一些监管，我们可能会看到富有创造力的人或者公司迁移到其他城市或国家。我们是全球范围投资的基金所以我们会跟着这些优秀的公司和人才投资。\n前不久我在接受彭博社采访的时候主持人问我，你为什么要谈论经济和政治？我想说的是我的背景是经济学和金融学，我需要有对于经济的大局观来指导我投资，就像之前我所说的，新冠病毒对经济是一次冲击而不是全面的经济衰退。\n今天的就业形式依然很疲软，一个月内失去了50万个工作岗位。但是如果你仔细看报告的话，你会发现制造业的就业时间是强于预期的，制造业的加班时间也增加了，可见制造业正在追赶住房和汽车市场的需求。\n就业报告中另一个有趣的数字是时薪新增长了0.8%，我印象中没有见过比这更高的数字，除了80年代初当时的通货膨胀达到两位数，每小时的时薪增长了5.1%。\n一季度我们经历了大规模刺激，我现在无法预测GDP能增长多少，但是现在肯定是处在一个反弹的早期（原话是 teens）。\n我对通胀始终保持关注。现在有很多人认为通货膨胀已经死了，我想说的是在我职业生涯的早期，那是70年代后期，我和投资经理谈话，他们会说60年代的经济学家宣布通货膨胀死了，但是到73年的时候通货膨胀发生了，欧佩克减产，石油价格翻了两番。\n现在我们看到的是通胀没有起来，资金流向股市和房地产，但是有可能会有这样一种心理预期，即为了摆脱通胀，人们提前把钱花掉。如果资金继续进入资本市场，那么货币的周转速度将会继续下降，并且将分担掉 M2 26%的增长的风险。\n过去我们经历了40年的债券牛市每次债券的逢低买入都是正确的。\n长期我们看空原油价格，高峰是2008年，经济 V 型反弹中会看到油价较大的波动。\n另一个我们非常小心看待的是美元，去年美元贬值了大约7%，也就意味着我们失去了7%的购买力，同时又因为我们的通货膨胀而损失了一点购买力，虽然通货膨胀还是很低甚至可能被夸大了，因为统计的时候不会包括数字经济的消费。\n如果美元在这个位置崩溃了那将是一个非常重大的崩溃，从长期的图表看它将会迫使美联储重新评估政策。\n应对购买力损失，我会把重点放在比特币上。过去一个月比特币翻了一番。前几天我和 Jeff 聊天，他看过很多的图表，相比特币在2017年的高点，通常需要10到20年的时间才能重新回到高点，但是比特币只花了三年的时间，这是一个很罕见的现象。\n这引发了人们的思考：是不是我们在货币政策方面犯了错误？将来我们会怎样为这个错误买单？被普遍认为的一个形式是通货膨胀，而我们解决此问题的首选方法是扩大我们在创新领域的投资。\n大家都在寻找对冲通货膨胀的方法，而我认为没有比比特币更好的了。黄金也在上涨但是它大大落后于比特币，未来两者会怎样，我们到时可以看下。\n我最近接到了不少电话，是公司咨询是否要把比特币放入到资产负债表中的，像 Square 和 micro strategy 已经在这么做了。\n我认为比特币还需要引入更多的监管来验证其价值。美国货币监理署(OCC)负责人Brian Brooks 最近说，公共区块链可以用于交易，而银行可以作为节点参与。这对我来说就好像是黑暗中的一道闪电，我之前从来没有预期过。\n加密货币还有更长的路要走，现在还只是刚开始， 我估计现在比特币的市值大约在7000亿美金，虽然很多人从2万到4万已经赚了一倍，但是7000亿依然不大，可以参考特斯拉都8000亿市值。\n最后 Wood 憧憬了美好的未来。","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1132,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}