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OTCbid - Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge

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" Wood would choose bitcoin over gold "hands down" as an asset to hold for the next ten years.

Cathie Wood, founder of investment manager ARK Invest, said bitcoin (BTC) can serve as a hedge against deflation in addition to its potential in an inflationary environment.

Appearing last week on Merryn Somerset Webb's podcast for Bloomberg, Wood claimed there is no counterparty risk in bitcoin thanks to its decentralization and visibility of all transactions on the network. She contrasted this to the opaque inner workings of the banking system.

"You can only surmise because they're losing deposits and they have to fund those by selling securities," Wood said. "The deposit flight has not stopped and they're forced to raise interest rates to compete against money market funds."

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Source: Coindesk

40K BTC SELLER IN SWITZERLAND

NEW: 300K BTC with R&E @ -15% Gross, -8% Net, F2F, TTM, Bank, HSBC,

London - Look For Buyer

Post: 8.11.23

Seller is selling 300K+ BTC @ -15% Gross, -8% Net.

Buyer = 8%
Sellerside = 2.5% (Closed)
Management Company: 2% (Closed)
Buyerside: 2.5% (CJV group + buyerside group)

Tranches 1/2/3 - 100K BTC each tranche, w/R&E
F2F at Buyer’s bank

PROCEDURE :

A) CIS of Buyer
B) Upon successful due diligence by Seller, Seller sends SPA which includes Seller details and Consultants’ Commission Fee Agreement
C) Optional conference call between buyer and seller to confirm details and logistics;
D) Satoshi
E) Tabletop Meeting at Buyer’s Bank (e.g. HSBC London).
Ref:CJ VY11.07