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Fortune
Fortune
Eleanor Pringle

Cathie Wood is betting on Bitcoin, saying the ‘digital gold’ is more deflation-proof than traditional assets

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Credit: PATRICK T. FALLON—AFP via Getty Images)

Critics of Bitcoin have only gained further ammunition with the conclusion of Sam Bankman-Fried's fraud case—but Cathie Wood is standing by the asset.

For the past couple of years the CEO of Ark Invest has maintained that prices will begin to fall—or deflate—thanks to emerging technologies such as AI and blockchain.

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