Matt Hougan

Bitwise Chief Investment Officer Matt Hougan says bitcoin could draw trillions of dollars from major institutions over the next decade. His long-term case argues that even a 1% allocation from the world’s largest capital pools could help support a $1.3 million bitcoin price by 2035.

A proposal from Binance founder Changpeng Zhao to freeze Satoshi Nakamoto’s estimated 1.1 million bitcoin if quantum computers threaten Bitcoin’s cryptography has divided prominent industry figures. The dispute centers on whether defending the network from a future hack would justify intervention in coins long treated by markets as permanently dormant.