Ark’s Cathie Wood Remains 'Extremely Bullish' on Bitcoin

The video discusses the increasing confidence in Bitcoin since 2017, highlighting its market movement from $20,000 to below $4,000 and its rise in market share within the crypto ecosystem. It emphasizes Bitcoin's role as the reserve currency of the crypto asset ecosystem due to its secure blockchain technology, positioning it as a flight-to-safety currency.

What was the speaker's sentiment towards Bitcoin since 2017?

• Neutral

• Skeptical

• Bearish

• Extremely bullish

How did Bitcoin's price movement from $20,000 to below $4,000 affect the speaker's confidence?

• It decreased their confidence

• It had no effect

• It increased their confidence

• It made them sell their Bitcoin

What significant change occurred in Bitcoin's share of the crypto asset ecosystem in 2019?

• It decreased to the low 20% range

• It increased to the low 70% range

• It remained in the low 30% range

• It was overtaken by another cryptocurrency

What role does Bitcoin play in the crypto asset ecosystem according to the speaker?

• An outdated technology

• A minor cryptocurrency

• A speculative asset

• A reserve currency

Why is Bitcoin considered the most secure blockchain?

• Due to its limited supply

• Due to its technological superiority

• Because it is the newest blockchain

• Because of its high transaction fees