Bitwise CIO says all roads still lead to Bitcoin regardless of AI boom or recession
Photo: Crypto Briefing
Matt Hougan argues Bitcoin could benefit from an AI boom, recession or economic stability, even as hot US inflation raises expectations of another Fed rate hike. Bitcoin could emerge stronger regardless of how the economy develops, as artificial intelligence, monetary policy and institutional adoption create different paths for long term growth, according to Bitwise Chief Investment Officer Matt Hougan. In his latest weekly CIO memo , published Wednesday, Hougan argued that Bitcoin could benefit from an AI driven productivity boom, a recession triggered by an AI market collapse or a period of moderate economic growth.
Source: Crypto Briefing
