Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says
Summary
The chief investment officer of Bitwise suggests that Bitcoin benefits regardless of how broader economic conditions or artificial intelligence trends unfold. According to a recent investor note, multiple potential market scenarios ultimately lead to higher prices for the cryptocurrency.
In a note to investors, Matt Hougan used a “Choose Your Own Adventure” framework to argue that superabundance, an AI bust or a muddle-through economy all ultimately funnel to the same place: Bitcoin higher.
Source: Read the full story at Decrypt
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