Bitwise CIO Says Bitcoin Could Benefit Across AI Outcomes
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitwise CIO Matt Hougan argues that Bitcoin could gain whether artificial intelligence delivers abundance, falls short or produces a mixed economic outcome.
Bitwise Chief Investment Officer Matt Hougan laid out a case for Bitcoin gains across several possible outcomes for artificial intelligence in a note to investors, according to Decrypt.
Hougan framed the argument around three economic scenarios: AI-driven abundance, an AI bust and a middle path in which the economy muddles through.
Using a branching narrative format, he argued that each scenario ultimately supports a higher Bitcoin price. The note presents that conclusion as Hougan’s investment thesis, rather than a confirmed outcome.
Source: Decrypt
