đš What if Bitcoin could benefit whether the AI boom continues or crashes?
Bitwise CIO Matt Hougan believes Bitcoin could thrive under very different economic scenarios.
If AI drives massive productivity and abundance, Bitcoin could benefit from growing adoption. But if the AI boom collapses and triggers a recession, increased money creation could also strengthen Bitcoin's appeal as a scarce digital asset.
The key idea is simple: Bitcoin has a limited supply of 21 million coins.
Whether the future brings more wealth, economic uncertainty, or wider crypto adoption, Hougan believes Bitcoin's scarcity could be a major advantage.
đ Could Bitcoin win in both scenarios? Share your thoughts in the comments!
Follow Crypto Thought for more crypto news and updates.
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#OctoberFedHikeOddsFallToAround17% #AustraliaProposesCryptoTransactionReportingLaw
Bitwise CIO Matt Hougan believes Bitcoin could thrive under very different economic scenarios.
If AI drives massive productivity and abundance, Bitcoin could benefit from growing adoption. But if the AI boom collapses and triggers a recession, increased money creation could also strengthen Bitcoin's appeal as a scarce digital asset.
The key idea is simple: Bitcoin has a limited supply of 21 million coins.
Whether the future brings more wealth, economic uncertainty, or wider crypto adoption, Hougan believes Bitcoin's scarcity could be a major advantage.
đ Could Bitcoin win in both scenarios? Share your thoughts in the comments!
Follow Crypto Thought for more crypto news and updates.
$NVDAB
$MSFTB
#OctoberFedHikeOddsFallToAround17% #AustraliaProposesCryptoTransactionReportingLaw