【Crypto Brief】Bitwise CIO Says Bitcoin Could Benefit in the Long Run Whether the AI Boom Continues or the Bubble Bursts
👀 In an investor memo dated October 14 (U.S. Eastern Time), Bitwise Chief Investment Officer Matt Hougan outlined three scenarios: an AI-driven productivity boom, the bursting of an AI investment bubble, and moderate economic growth.
📈 He believes a boom would drive capital toward scarce assets. A bubble bursting could trigger large-scale policy bailouts and monetary expansion; he estimates the probability of a bailout is “close to 100%.”
📉 He also acknowledged that Bitcoin could fall alongside other risk assets in the early stages of a recession. He offered no timeline for this view, which is his personal judgment.
Sources: The Block, Decrypt, CoinMarketCap
⚠️ Risk Warning: Crypto asset prices are highly volatile. This article is for informational purposes only and does not constitute investment advice. Please exercise sound judgment and manage leverage carefully.
👀 In an investor memo dated October 14 (U.S. Eastern Time), Bitwise Chief Investment Officer Matt Hougan outlined three scenarios: an AI-driven productivity boom, the bursting of an AI investment bubble, and moderate economic growth.
📈 He believes a boom would drive capital toward scarce assets. A bubble bursting could trigger large-scale policy bailouts and monetary expansion; he estimates the probability of a bailout is “close to 100%.”
📉 He also acknowledged that Bitcoin could fall alongside other risk assets in the early stages of a recession. He offered no timeline for this view, which is his personal judgment.
Sources: The Block, Decrypt, CoinMarketCap
⚠️ Risk Warning: Crypto asset prices are highly volatile. This article is for informational purposes only and does not constitute investment advice. Please exercise sound judgment and manage leverage carefully.