It is well known for many of us that follow the stock market that Cathie Wood has a different way of seeing at things that most investors. She is heavily concentrated in six disruptive technologies that, she and her team believe, will dictate the future of mankind:
- Artificial Intelligence
- Autonomous Vehicles
- Financial Technology
- DNA Sequencing
- Robotics
- 3D Printing
ARK and Cathie Wood believe that Financial Technology will change the way we transfer value from one another. They believed in crypto and specifically Bitcoin (BTC) since analyzing and understanding what Bitcoin was about. Ark believes that open-source cryptocurrencies have "created a new paradigm for monetary systems and mechanisms to store and transfer value". They also believe cryptocurrencies are the future, but also that only a few of them will enjoy the majority of the value, put in other words, only a few cryptocurrencies will prevail and they will be powerful.
I find this information very insightful for the crypto community. Many cryptocurrencies are coming out and most of them will not make it. Some will ride the wave of excitement to then crash once reality hits us. After the hype for cryptocurrencies, we will see many of them fading away. But, for those that will remain, the future is beyond bright. It is up to us to do our homework and research what we invest on.
Betting on these disruptive technologies, such as Financial Technology, has allowed Ark Invest to provide huge returns on investment for early adopters. Investors that were visionary enough to believe in Ark’s project, or simply understood what many of us didn't at an earlier time, have seen exponential growth on their assets.
I believe the wave is not over yet. We will see an explosion of these technologies within the next five years. Quote me on that. If ARK Invest and Cathie Wood are bullish on BTC, so am I. And not because they say so, but because I can also see the tremendous value that DeFi (Decentralized Finance) and Financial Technology brings to the table not only for developed countries but for everyone around the world. The transformation has begun and we are in for the ride.
