Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users. 0:00 Crypto investment company Ark Invest founder Cathie Wood has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin () Lightning Network.Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on Saturday. The Lightning Network (LN) is a meant to facilitate faster and cheaper transactions. Financial...…Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users. 0:00 Crypto investment company Ark Invest founder Cathie Wood has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin () Lightning Network.Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on Saturday. The Lightning Network (LN) is a meant to facilitate faster and cheaper transactions. Financial...WW…