Saidi: Crypto is Digital Tulip Mania

The transcript discusses the volatility of digital assets, particularly Bitcoin, and critiques its use as a currency and store of value due to its price fluctuations and environmental impact. It highlights the potential for central bank digital currencies (CBDCs) to replace Bitcoin, with China leading the way in testing and implementing digital currencies. The speaker suggests that CBDCs will offer anonymity and be more practical for transactions, signaling the end of what is termed 'digital Tulip mania.'

How does Kathy Woods view the future of central bank digital currencies in relation to Bitcoin?

What concerns does Kathy Woods raise about the anonymity of digital currencies?