Challenges of Ethereum, Defi and Cryptocurrencies by Cathie Wood

Cathie Wood mentioned that... "We thought Bitcoin would be the reserve currency and we were looking for the other currencies. And Ether was showing up as a very strong second. And I have been surprised at how Ether and the Ethereum network is mushrooming with stable coins. Nfts decentralized finance. It's clearly satisfying a huge, unmet need. One of those needs is yield out there. And we see that in the fixed income markets, the ridiculous rallies that have taken place, taking junk bond yields down to just a couple of hundred basis points above Treasuries. That's kind of nuts. So this hunger for yield is being satisfied by a much more efficient financial ecosystem. And I think many more people are more open minded to it as well. Let's see one of the things that has struck me from the beginning." #CathieWoodBitcoin #BitcoinPodcast #BitcoinExplained #BitcoinNews WEBINARS AND WORKSHOPS Our Webinars on Meetup, https://bit.ly/Blockchain360kl Facebook Group, https://bit.ly/FacebookGroupBitcoinPrice Facebook page, https://bit.ly/FacebookBitcoinPriceLiveChart