Bitwise CIO Says Bitcoin Wins in Every AI Economic Scenario

This is a thesis statement, not new information: a CIO asserting that all three of his own scenarios converge on the same outcome is unfalsifiable by construction, which is precisely what makes it worth flagging. It matters less as a market signal than as evidence of how sell-side crypto research now frames AI as a demand narrative rather than a competing sector. The open question is whether Hougan's AI-bust path — the scenario most likely to stress crypto liquidity — is being treated as a genuine risk or a rhetorical device to complete the set.