Bitwise Chief Investment Officer Matt Hougan told investors that, no matter whether the economy heads into superabundance, experiences an AI‑driven bust, or muddles through, the outcome for Bitcoin is the same: its price moves higher. He framed the argument using a “Choose Your Own Adventure” style scenario, showing how each path converges on Bitcoin gaining value. He said the framework helps illustrate why Bitcoin’s scarcity and network effects make it attractive regardless of which AI scenario unfolds. The note suggests that Bitcoin could serve as a hedge across a range of future AI‑related economic outcomes.

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