Matt Hougan, Bitwise CIO, emphasized Bitcoin’s value as a hedge against U.S. debt and currency decline, calling it an “ultimate insurance policy.”
The value of bitcoin was described by Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund administrators, as a hedge against the U.S. debt and the dollar’s decline.
Hougan asserted on social media that bitcoin was a financial instrument that enabled investors to invest in the market while considering public debt. “He emphasized that Bitcoin is the ultimate insurance policy against our government debasing the currency, taking on excessive debt, and royally messing up the US dollar.”
Additionally, he referred to Bitcoin as “the fastest horse in the race,” highlighting its distinctive characteristics compared to other hard money assets, such as gold.
