#BTC

Cathie Wood said she would explicitly bet on Bitcoin, rather than gold or cash, to guard against the possibility of deflation in the next decade. In addition, Cathie Wood believes that Bitcoin can hedge against inflation and deflation because there is no counterparty risk and institutions are almost not involved, and it is digital gold.

Mohamed El-Erian, chief economic adviser to Allianz, said that BTC is becoming a safe-haven asset, while US Treasuries have fallen out of favor after regional conflicts. In times of economic and political uncertainty, safe-haven assets are expected to maintain or increase in value. For decades, investors have viewed government bonds, especially those issued by the US Treasury, as a safe haven. However, recently, Treasury bonds have failed to live up to their reputation.

At present, miners have mined 19,530,000 bitcoins, accounting for 93% of the total supply of bitcoins. It is expected that in two years, 95% of the total supply of bitcoins will be mined. There are not many coins left, so cherish them while you go.