The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.
El Salvador could see its gross domestic product (GDP) increase tenfold over the next five years if it stays with its Bitcoin (BTC) and artificial intelligence adoption plan under Nayib Bukele’s presidency, says ARK Invest CEO Cathie Wood.
“President Bukele’s determination to turn El Salvador into an oasis for the Bitcoin and AI communities — two of the biggest economic and technology revolutions in history — is the reason I believe that its real GDP could scale 10-fold during the next five years,” Wood said in a May 28 X post after meeting Bukele.
Bitcoin’s integration into capital markets, AI, and tax policies were the main topics discussed between Wood and Bukele.
