Cathie Wood, the CEO of ARK Invest, has expressed a strong preference for Bitcoin as a defensive asset in the current financial landscape. Wood's comments came during the Merryn Talks Money podcast, where she discussed the long-term outlook for various asset classes, including Bitcoin, gold, and cash. Wood asserted that in her view, Bitcoin stands out as a top choice for a defensive asset. She justified this preference by pointing to the emergence of a new era of declining prices driven ...