Bitwise CIO: Bitcoin Will Ultimately Benefit Regardless of AI's Trajectory
On October 15, citing The Block, that Matt Hougan, Chief Information Officer at Bitwise, stated that whether AI development drives an economic boom, causes investment bubbles to burst, or results in moderate growth, Bitcoin will ultimately benefit. Hougan pointed out that while an AI collapse could temporarily weigh on Bitcoin prices, government bailouts and monetary expansion policies will ultimately drive a rebound.