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Ark CEO Cathie Wood Discusses Bitcoin with El Salvador's President — Praises His Vision for a BTC Hub

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发布日期: 2024年6月3日

Cathie Wood, CEO of Ark Invest, recently met with El Salvador’s President Nayib Bukele to discuss Bitcoin and other innovations. She commended his progressive approach to economic and educational reforms. "President Bukele’s commitment to turning El Salvador into a hub for bitcoin and AI — two of the most transformative economic and technological shifts — is why I believe the country’s real GDP could potentially increase tenfold in the next five years," Wood remarked.

Cathie Wood Praises President Bukele’s Vision for Bitcoin and AI in El Salvador

Cathie Wood, CEO of ARK Invest, recently met with El Salvador’s President Nayib Bukele. The meeting was organized by Max Keiser and Stacy Herbert and included economist Art Laffer and ARK Invest research associates David Puell and Marc Seal.

On social media platform X, Wood highlighted how President Bukele’s use of Bitcoin and AI could significantly boost El Salvador's economic and educational reforms, potentially increasing its GDP tenfold over the next five years. She noted the country's current GDP of approximately $30 billion and the average monthly income of $450. "President Bukele understands the Laffer Curve well, and Art Laffer and I see numerous opportunities to build on the momentum created by his tax incentives," Wood stated.

She also mentioned that President Bukele is interested in integrating Ark Educate’s curriculum, which focuses on innovations such as robotics, energy storage, AI, blockchain, and multiomics, into El Salvador’s schools. Since 2020, Ark’s educators have tailored this research to suit different age groups.

Wood praised President Bukele as knowledgeable, engaging, and visionary. "I understand why he is highly popular in El Salvador and across Latin America, Spain, and Portugal. Keep an eye on this leader and his country!" she enthused.

In conclusion, Wood reiterated her belief that President Bukele’s determination to make El Salvador a center for Bitcoin and AI could lead to a tenfold increase in the country's real GDP over the next five years.