Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says
Summary
Bitwise CIO Matt Hougan argues that several possible AI-driven economic outcomes could ultimately support Bitcoin. A productivity boom may increase demand for scarce assets; an AI bust and recession could prompt government stimulus that benefits Bitcoin; and a middle-ground economy would leave existing trends such as ETF inflows and institutional adoption in place. He cautions that Bitcoin could fall sharply and that regulatory crackdowns or quantum computing could undermine his thesis, but says long-term investors should focus less on macro uncertainty.
