During a live chat between Elon Musk, Cathie Wood and Jack Dorsey on Ark Invest on the afternoon of May 24, bosses were asked: Do they have hope for Bitcoin and what do they think about the future of crypto?
Elon Musk: Crypto can make money intrinsically more efficient
Answers varied, but they all agreed on one thing: cryptocurrencies must and will play an important role in our future, as well as each of the major projects, will help crypto fulfill its primary mission to give ordinary people more power over their lives.
The Tesla founder said he hopes cryptocurrencies will make money intrinsically more efficient so that there will be less government interference, which he calls ‘mistakes’. According to the billionaire, cryptocurrencies will benefit and empower people, increasing the power of individuals over government.
, whose name is often mentioned with Dogecoin in cryptokoin.com news, Elon Musk also stated that the government is just a big company, so it is in his view that people hate companies and praise state power. strange. The Tesla and SpaceX founder believes that anyone who doesn’t love companies should also hate the government.
Cathie Wood: More companies should get involved in the crypto world
Cathie Wood, head of hedge fund Ark Invest, said cryptocurrencies not only provide opportunities to do business anywhere in the world, but also put users at serious inflation risk and risk. He said more companies need to get involved in the crypto world as it allows them to hedge against counterparty risk.
Cathie Wood noted that many emerging markets suffer from significant inflation, face the problem of maintaining purchasing power, and that crypto is the only way to implement the idea of deflation.
The renowned investment manager also expressed hope that in the future there will be a deep convergence between crypto and artificial intelligence that will increase the networking impact of cryptocurrencies and change the world in ways we cannot even imagine.
Jack Dorsey: Crypto will contribute to building world peace
Twitter founder and Square CEO Jack Dorsey, Square’s cryptocurrencies store and process He voiced his role as a promoter of decentralization in the rise of crypto, announcing his plans to create unattended and simple solutions for He also noted that the current monetary policy is destructive and aims to concentrate power in the hands of the most powerful.
According to the entrepreneur, crypto will radically change the current system, give individuals more power and ultimately contribute to the establishment of peace in the world.
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