“Bitcoin Is a Hedge Against Inflation”

Cathie Wood, founder, CEO and CIO of ARK Invest, continues to double down on bitcoin. Why exactly is she so bullish?

An Inflation Hedge

In a recent interview with Bloomberg, Cathie Wood reasserted that “Bitcoin is a hedge against inflation.” The last few years have reintroduced people to what inflation is, its role in the traditional economy, and the many ways in which we attempt to contain it. Inflation, for better or worse, is an accepted part of the economic machine…