Cathie Wood, Jan van Eck & Kevin O’Leary exchange perspectives

Cathie Wood, Jan van Eck, and Kevin O’Leary each participated in an exchange of perspectives webinar today. Some of the discussion topics were deflationary pressures, the cryptocurrency space, and a new post-pandemic economy.As it pertains to deflationary forces, Cathie Wood mentioned positive forms of deflationary pressure are happening. Specifically around the cost of technologies coming down and how that will stimulate a lot of future demand.When discussing cryptocurrencies and what has changed in the space over the past five years, Jan van Eck and Kevin O’Leary had some interesting comments.Besides the growing adoption by investors, Jan van Eck stated, “I think crypto wall street is an incredible disruptive threat to traditional banks and financial institutions.” “Number one, you can actually earn interest on bitcoin now.” Jan van Eck continued to state: “And I think that will suck capital into the ecosystem, and the second thing is that the ability to