Bitwise Chief Investment Officer Matt Hougan commented on Bessent’s move to step up U.S. Treasury buybacks, arguing that artificially suppressed long-term interest rates weaken the value of savings. In his post, Hougan said investors need to buy hard assets to escape that environment. He added that, in his view, Bitcoin is 「the fastest horse in this race」. The remarks were cited by ChainCatcher in a brief market analysis update and focused on Bitcoin’s role in a period of policy-driven pressure on long-dated yields.
ChainCatcher reported that, in response to Bessent’s move to increase U.S. Treasury buybacks, Bitwise Chief Investment Officer Matt Hougan wrote: 「When governments artificially suppress long-term interest rates, they erode the value of savings. Investors need to buy hard assets to escape this trap. Bitcoin is the fastest horse in this race.」
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