Wood says that for those looking to build an investment portfolio, Bitcoin is currently a better option than gold, due to its low correlation with bonds (0.06) and its correlation with the S&P 500 (0.28) only, providing genuine and effective diversification. As global wealth continues to accumulate at a faster rate than gold supply can keep up, Bitcoin's fixed maximum supply gives it a competitive advantage. ARK even predicts its price could reach $800,000 amid productivity surges driven by artificial intelligence.
Gold miners might flood the market if prices keep rising, reducing those gains, but what about Bitcoin? It remains pure and predictable.
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Wood says that for those looking to build an investment portfolio, Bitcoin is currently a better option than gold, due to its low correlation with bonds (0.06) and its correlation with the S&P 500 (0.28) only, providing genuine and effective diversification. As global wealth continues to accumulate at a faster rate than gold supply can keep up, Bitcoin's fixed maximum supply gives it a competitive advantage. ARK even predicts its price could reach $800,000 amid productivity surges driven by artificial intelligence.
Gold miners might flood the market if prices keep rising, reducing those gains, but what about Bitcoin? It remains pure and predictable.