
Bitwise CIO: Bitcoin could hit hundreds of thousands if demand for hard assets grows
- —Hougan outlined a hypothetical portfolio of 90% fiat and 10% hard assets, mainly BTC and gold
- —He highlighted BTC, ETH, SOL and Chainlink for tokenization exposure
- —Hyperliquid, Zcash and Venice were mentioned as possible additions
- —The thesis rests on rising government debt and fiat currency debasement
Why it matters: The Bitwise CIO's comments reinforce the narrative of Bitcoin as a hedge against fiat debasement amid rising government debt.
Source: DiarioBitcoin