According to a post on X on June 27, Cathie Wood, CEO of ARK Invest, dismissed concerns from billionaire Philippe Laffont about Bitcoin, arguing that capital outflows from less stable countries will "fan the flames" for Bitcoin and other digital assets. Wood stated that although artificial intelligence has attracted significant investment attention, it cannot serve as the "insurance policy" that many seek to protect assets. She emphasized Bitcoin's role as a store of value amid geopolitical and economic uncertainty.

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