凱西伍德 (Cathie Wood) 表示，在流氓政權和貨幣貶值中，比特幣作為避風港而飆升

Ark Invest 執行長凱西伍德 (Cathie Wood) 認為，隨著越來越多的用戶在本國貨幣貶值中尋求庇護，比特幣可以充當針對不穩定政府的保險。她將加密貨幣視為對沖通貨膨脹和財富損失的工具，特別是在貨幣貶值的國家，並強調比特幣在金融危機期間缺乏交易對手風險。

Bitcoin Emerges as a Bastion Against Rogue Regimes and Currency Devaluation, Says Cathie Wood

凱西伍德 (Cathie Wood) 表示，比特幣成為對抗流氓政權和貨幣貶值的堡壘

Renowned investment strategist Cathie Wood, founder and CEO of Ark Invest, has extolled the virtues of Bitcoin (BTC) as an insurance policy against geopolitical instability and the erosion of purchasing power. Her assertion comes amidst a surge in adoption of the digital asset by users seeking refuge from the devaluation of their national currencies.

Ark Invest 創辦人兼執行長、著名投資策略師 Cathie Wood 盛贊比特幣（BTC）作為應對地緣政治不穩定和購買力侵蝕的保險政策的優點。她的這一論點是在尋求避免本國貨幣貶值的用戶大量採用數位資產的背景下提出的。

In an interview with CNBC, Wood emphasized Bitcoin's role as a hedge against devaluation, loss of purchasing power, and wealth erosion. She attributed the mass adoption of BTC to a "flight to safety" in various regions of the world.

伍德在接受 CNBC 採訪時強調了比特幣作為對沖貶值、購買力損失和財富侵蝕的作用。她將比特幣的大規模採用歸因於世界各地的「逃向安全」。

An Insurance Against Devaluation

防止貶值的保險

Recent months have witnessed a precipitous decline in the value of several fiat currencies relative to the US dollar, driven by soaring inflation rates. Among the most severely affected are the Nigerian naira, which has plummeted by over 50%, and the Egyptian pound, which has depreciated by approximately 40%.

近幾個月來，由於通貨膨脹率飆升，幾種法定貨幣相對於美元的價值急劇下跌。受影響最嚴重的是尼日利亞奈拉和埃及鎊，前者暴跌超過 50%，後者貶值約 40%。

Other embattled currencies include the Argentine peso, Japanese yen, Turkish lira, Lebanese pound, and Pakistani rupee. The free fall of these currencies has propelled BTC to record all-time highs against them, even before reaching a new peak against the USD.

其他陷入困境的貨幣包括阿根廷比索、日圓、土耳其里拉、黎巴嫩鎊和巴基斯坦盧比。這些貨幣的自由落體推動比特幣兌它們創下歷史新高，甚至在兌美元達到新高之前。

Wood believes that these currency devaluations and the subsequent influx into the spot Bitcoin ETF market are the primary drivers behind BTC's recent surge. Users have embraced the cryptocurrency as a hedge against unfavorable monetary policies, seeking to preserve their wealth.

伍德認為，這些貨幣貶值以及隨後湧入現貨比特幣 ETF 市場是 BTC 近期飆升的主要動力。用戶已經接受加密貨幣作為對沖不利貨幣政策的對沖工具，尋求保全自己的財富。

"I think this is a flight to safety, believe it or not, taking place. A hedge against devaluation. A hedge against a loss of purchasing power and wealth...I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies," Wood asserted.

「我認為，不管你信不信，這是一次向安全的逃亡。對沖貶值。對沖購買力和財富的損失……我認為這是針對流氓政權或針對可怕政權的保險政策。財政和貨幣政策，」伍德斷言。

No Counterparty Risk

無交易對手風險

Wood further expounded that Bitcoin's recent surge is not an isolated event. She cited the US banking crisis of March 2023, during which regional banks collapsed and BTC subsequently soared by approximately 40%.

伍德進一步闡述，比特幣近期的飆升並不是一個孤立的事件。她引用了 2023 年 3 月的美國銀行業危機，當時地區銀行倒閉，比特幣隨後飆升了約 40%。

Between March and April 2023, four American lending institutions, including Silvergate and Signature Bank, suspended operations due to bank runs that triggered a surge in deposit outflows. While the stocks of these troubled institutions plummeted, BTC bucked the trend, recording significant gains despite the bear market conditions in the crypto space.

2023 年 3 月至 4 月期間，Silvergate 和 Signature Bank 等四家美國貸款機構因銀行擠兌引發存款外流激增而暫停營運。儘管這些陷入困境的機構的股票暴跌，但比特幣卻逆勢上漲，儘管加密貨幣領域處於熊市狀況，但仍錄得大幅上漲。

Ark Invest's CEO attributed this occurrence to BTC's inherent lack of counterparty risk, making it both a risk-on and risk-off asset.

Ark Invest 執行長將這種情況歸因於 BTC 固有的缺乏交易對手風險的特性，使其既是一種風險偏好資產，又是一種風險規避資產。

Conclusion

結論

Cathie Wood's insights underscore the growing recognition of Bitcoin as a safe haven during periods of financial turmoil. As geopolitical tensions intensify and the value of fiat currencies continues to erode, BTC emerges as a beacon of stability and a shield against economic and political uncertainty.

Cathie Wood 的見解凸顯了人們越來越認識到比特幣是金融動盪時期的避風港。隨著地緣政治緊張局勢加劇和法定貨幣價值持續貶值，比特幣成為穩定的燈塔和抵禦經濟和政治不確定性的盾牌。