Cathie Wood: If the U.S. government actively buys Bitcoin, it will amplify its scarcity value On January 8, ARK Invest CEO Cathie Wood stated during the Bitcoin Brainstorm discussion that if this Bitcoin correction can be kept around 30% instead of the usual 50%-70%, it would be a victory, confirming the trend of Bitcoin's volatility decreasing over time. She pointed out that while stablecoins are replacing Bitcoin's original role as an 'insurance policy,' the rising gold prices are actually enhancing Bitcoin's value as 'digital gold,' enough to offset the impact brought by stablecoins. She emphasized that if the U.S. government shifts from merely holding confiscated Bitcoin to actively purchasing it to build strategic reserves, it will amplify its scarcity value. Therefore, she remains very optimistic about Bitcoin's future. Source: ARK Invest