Cathie Wood: Sell gold, buy Bitcoin Historically, gold has been near its current levels during periods of extreme inflation or major depressions, but that's not the case now. Over the past year, stablecoins have taken on part of Bitcoin's original role in emerging markets, but they are more like a substitute for 'checking accounts.' When people truly want to save, they will ultimately choose Bitcoin, especially in the scenario where Bitcoin reaches $1.5 million by 2030.