According to Odaily, Bitwise's CEO wrote on X that the inflation-cutting proposals under discussion look, to him, like a sign of hopelessness and helplessness. He said people want their asset valuations to rise, but do not know what else can be done to make that happen. He argued that the industry should move toward creating value, capturing value and driving demand—harder tasks, but where growth actually lives. Instead, the momentum is shifting toward tightening, which lowers the economic returns for ecosystem participants and holders. The right path is more difficult but also simple: grow demand. That means focusing on demand generation rather than shrinking returns, he said. His comments were reported by Odaily as a newsflash and offer a direct take on how to address weak price momentum without resorting to contraction.
Bitwise's chief executive took to X, saying the inflation-reduction proposals circulating now feel, to him, like expressions of hopelessness and helplessness. People want to see their asset valuations go up, but no longer know what else can be done to make that happen.
In his view, the right move is to create value, capture value and drive demand—harder work, but where growth actually lives. Instead, he said, the conversation keeps turning toward tightening, which trims the economic returns for ecosystem participants and holders. The right path is harder, yet simple: grow demand.
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