Money is falling to reduce Tesla's stake! Sister Wood spoke in conflict. He praised El Salvador for investing in Bitcoin.

Ark Investment founder Cassie Wood recently made another controversial statement after insider inquiries last month, boasting that the Ark fund's annual return could reach 40% over the next five years. This time about El Salvador of Bitcoin Investing, he says it is an example of how innovation can improve people's lives.

Bitcoin investments in El Salvador are estimated to have lost around $10 million in the recent cryptocurrency crash.

When asked if the financial sector had made a profit margin difference in an interview last week, Wood said that in the long run allocating funds for new developments would benefit people everywhere. .

Later, referring to El Salvador, it was argued that bitcoin investment backed by the country's president, Nayb Bukele, was providing the country's citizens with previously impossible financial options.

"The President of El Salvador is giving $30 in bitcoins to every eligible adult", "Only 1.2 million people have access to financial services, but now only 3 million people see it", he said . New financial services and support services thanks to blockchain technology

Wood notes that millions of people around the world are already receiving financial assistance through the use of cell phones. He believes this, combined with blockchain technology, will go a long way in bridging the gap between rich and poor.

"So in my view, the more money you put into new infrastructure, the better you can improve the lives of people around the world," he said.