The Master Investor Podcast with Wilfred Frost CRYPTO BONUS: Cathie Wood pt 2 - Why Bitcoin Will Always Be #1 Cryptocurrency
Sep 27, 2025
Cathie Wood, Founder and CEO of ARK Invest, dives deep into the world of cryptocurrency, passionately advocating for Bitcoin as the dominant player. She discusses the mechanics of stablecoins and their potential yields. Cathie addresses the contrasting roles of Bitcoin and Ethereum, asserting Bitcoin's supremacy due to its security and established role. Additionally, she examines the implications of gold's recent performance for cryptocurrencies, providing valuable insights for investors navigating this dynamic landscape.
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Bitcoin As The Dominant Monetary Layer
- Bitcoin is the dominant pure cryptocurrency and a rules-based global monetary system with a fixed supply of 21 million units.
- Its layer-one blockchain has never been hacked, which Ark cites as a core reason for its monetary role.
Stablecoins Power On-Chain Dollar Yields
- Stablecoins are dollar-linked cryptocurrencies primarily collateralized by Treasury securities and power DeFi lending and borrowing.
- They let holders earn yields on-chain, exemplified by Coinbase enabling USDC lending at about 10.4%.
Use Stablecoins To Access DeFi Yields
- Use stablecoins in DeFi to access higher yields and peer-to-peer financial services that remove many traditional middlemen.
- Consider regulatory differences: Circle's USDC is more aligned with U.S. rules while Tether dominates outside the U.S. and Europe.