Tech Investor Cathie Wood Bets Big on Crypto

Cathie Wood, once the largest shareholder in 2U with ARK Invest, is also a major crypto investor. Wood believes that Bitcoin could top $1M by 2030. With US government guardrails weakened in the coming months, it should be interesting to watch the crypto boom and what happens after that, not just in the economy, but in society. Schools like the Kellogg Institute at Notre Dame have written positively about the use of crypto, discussing the downsides as an afterthought. The Wharton school has been accepting crypto since 2021. 

The Roaring 2020s and America's Move to the Right

In December 2024, the Roaring 2020s are already here. The stock market is near an all-time high and Bitcoin has gained enormous value, waiting for Donald J. Trump to become President again, to make America Great Again. 

In 2025 US citizens should expect markets to continue growing, and the costly war in the Ukraine to be settled. Deregulation, interest rate cuts, and tax cuts, which provide economic stimulus, will be at the heart of the new Trump Administration, good enough to pump up the economy for years. Threats to raise tariffs on China and other nations (which are costly to consumers) may only be threats.  

Mr. Trump promises a new Golden Age. And many of those who are clever enough and ambitious enough should expect to get rich. But those who do not agree with President Trump may face increased scrutiny, harkening back to a century ago.  

Let's see how long this new era lasts, how it is remembered by different people, and how it is retold in history books.