Bitwise CEO: Inflation-Reduction Proposals Reflect Despair and Helplessness; the Right Path Is Growing Demand

Odaily News, Bitwise CEO posted on X platform, stating that these proposals to reduce inflation reflect, in his view, despair and helplessness. People want to see their asset valuations rise but do not know what else they can do to achieve this. He believes that rather than turning toward creating value, capturing value, and driving demand—things that are harder but where real growth lies—people are instead turning to austerity, reducing the economic benefits for ecosystem participants and holders. The right path is harder, but also simple: grow demand.