Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says

Bitwise CIO Matt Hougan argued in a note to investors that Bitcoin benefits in three economic scenarios: AI-driven superabundance, an AI bust, or a muddle-through economy. He used a "Choose Your Own Adventure" framework to claim all paths ultimately lead to higher Bitcoin prices. The view is an opinion piece from a crypto asset manager, so it is unlikely to move markets on its own, but it reinforces the bullish institutional narrative around BTC.