Can Bitcoin Win Even if AI Crashes? Ledger Fallout & Richard Heart Arrest

Can Bitcoin come out ahead no matter what happens to the economy?

This week, Alex Richardson and David Sencil unpack Bitwise CIO Matt Hougan’s “choose your own ending” thesis for Bitcoin.

If AI delivers a productivity boom, scarce assets like Bitcoin could benefit. If the AI trade crashes, rate cuts, bailouts, and fresh liquidity could provide another tailwind. And even without either extreme, ETF adoption, corporate demand, and rising public debt could continue strengthening Bitcoin’s case.

Also in this episode:

• The fallout from the Ledger hardware-wallet exploit
• Whether self-custody is simply too difficult for the average user
• Richard Heart’s detention in Turkey
• Bitcoin’s quantum-computing risk
• Solana’s postponed Shanghai event
• Russia’s proposed restrictions on peer-to-peer crypto transactions

Can Bitcoin really thrive in almost any economic scenario, or is that thesis overlooking some major risks?

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