Cathie Wood: I disagree with Tom Lee's view. BTC has never been hacked and its scale continues to expand, while ETH is in fierce competition.
Cathie Wood, founder and CEO of Ark Invest, stated in a recent interview on "The Master Investor" podcast that she does not agree with Tom Lee's views. She prefers Bitcoin over Ethereum because the scale of Bitcoin will continue to expand. It is a rule-based global monetary system, a first layer that has never been hacked, and the first platform to create a new asset class. In contrast, Ethereum supports DeFi but faces increasing competition from the second layer. However, Cathie Wood also mentioned that she will focus more on Ethereum and purchase Bitmine stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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