Why Cathie Wood Trusts Crypto Despite FTX Collapse

The video discusses the resilience of blockchain technology, highlighting Bitcoin and Ethereum's strong infrastructure. It covers Coinbase's efforts to shape crypto regulations and the market's reaction to FTX's collapse. The speaker compares the crypto ecosystem to past financial crises, emphasizing the smaller scale of current issues. The potential of Bitcoin as a global monetary system and DeFi's role in transforming financial services are also explored.

What is indicated by Bitcoin's all-time high hash rate?

• A decrease in network security

• An increase in transaction fees

• A decline in blockchain technology

• A strong indication of network security

How has Coinbase positioned itself in the crypto market?

• As a decentralized finance platform

• As a competitor to Ethereum

• As an onshore regulated company

• As an offshore unregulated entity

What is the scale of FTX's issue compared to Lehman's collapse?

• FTX is much smaller than Lehman

• FTX has no financial impact

• FTX is similar in scale to Lehman

• FTX is larger than Lehman

What is a key feature of DeFi in the financial ecosystem?

• Increasing counterparty risk

• Reducing transparency

• Centralizing financial services

• Eliminating middlemen

What potential does Bitcoin have according to the discussion?

• To become a government-controlled currency

• To serve as a new global private monetary system

• To eliminate the need for regulations

• To replace all traditional banking systems