1654: “El Salvador’s Bitcoin, AI Plans Will Boost GDP Tenfold” - Cathie Wood
May 29, 2024•35 min•Ep 1654•Transcript available on Metacast Episode description
El Salvador could see its gross domestic product (GDP) increase tenfold over the next five years if it stays with its Bitcoin (BTC) and AI artificial intelligence (AI) adoption plan under Nayib Bukele’s presidency, says ARK Invest CEO Cathie Wood. Cathie Wood “walked us through the numbers” on how El Salvador can increase its GDP 10-fold to $300 billion by 2029, said Max Keiser, who advises Bukele on Bitcoin related matters.
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