Cathy Wood: Bitcoin and Stablecoin will benefit from smart-body business transformation

Cathy Wood stated that the United States fiscal deficit stood at 5.6 per cent of GDP, which could be close to 5 per cent by the end of the year if productivity and technology adoption accelerated. She noted that the greater risk in the future was deflation, especially for enterprises that failed to adopt AI and productivity tools. Following the withdrawal of the United Arab Emirates from OPEC in May, production rose to record highs and oil prices could fall and drive deflation. Capital spending has broken through the last 30 years and market concerns about the AI bubble have been exaggerated. Bitcoin's performance relative to gold is being stabilized, and bitcoin and stabilitycoin will be the two main beneficiaries of the commercial transformation of smart bodies。