Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that Cathie Wood believes Bitcoin $BTC can address AI-driven deflationary chaos. Wood argues that AI advancements may lead to deflation, and Bitcoin offers a hedge against this economic shift. She emphasizes Bitcoin's decentralized nature and limited supply as key factors in countering deflationary pressures. Wood's perspective highlights the potential role of Bitcoin in stabilizing economies affected by rapid technological changes
source: https://www.binance.com/en/square/post/291741787246882?utm_source=BinanceNewsRSS