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Details: ht
Wu learned that Cathie Wood, founder and CEO of Ark Invest, expressed in a recent interview on The Master Investor podcast that she disagrees with Fundstrat's Tom Lee's viewpoint and is more optimistic about Bitcoin than Ethereum. She stated that Bitcoin will continue to scale up, as it is a rules-based global monetary system, being the first layer (Layer 1) that has never been hacked, and the first platform to create a new asset class. In contrast, while Ethereum supports DeFi, it is facing intense competition from the second layer (Layer 2). However, she also revealed that she is paying more attention to Ethereum and has recently purchased BitMine stocks.