Inside the largest virtual crypto conference: Cathie Wood, Tom Brady

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Inside the largest virtual crypto gathering this year: Ark Invest CEO Cathie Wood and NFL legend Tom Brady break down why they are doubling down on crypto despite the recent volatility — and share the opportunities on their radar

"I do think it was precipitated by the ESG movement and this notion, which was exacerbated by Elon Musk, that there are some real environmental problems here with the mining of bitcoin," she said at the conference."I think that a lot of institutional buying went on pause and I think there were a lot of expectations that there would be follow-through by institutions.

Meanwhile, Wood said she has been very interested in the ethereum network, as is evidenced by Ark's recentminer, I mean he's going to be part of our fintech analysts team," she said."We are intrigued by stablecoins, DeFi, NFTs ...

 

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It’s their market. Taking pocket money from kids 🤷🏻‍♂️

nice inside behind paywall...

good

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