As U.S. government debt approaches the $40 trillion milestone, Bitwise Chief Investment Officer Matt Hougan says investors may want exposure to both Bitcoin and AI stocks to prepare for two very different economic outcomes. Hougans argument centers on Treasury Secretary Scott Bessents challenge of maintaining U.S. GDP growth above 3% while bringing the federal deficit under control. According to the Bitwise CIO, the government could effectively deal with its mounting debt burden through stronger economic growth or higher inflation. In the first scenario, rapid artificial intelligence adoption… Read more
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