<ul><li>Growing investment in “store-of-value” assets and continued fiat currency devaluation could propel the price of Bitcoin to six figures without the need for the US dollar to collapse, according to Bitwise chief investment officer Matt Hougan.</li><li>Hougan believes that Bitcoin will establish itself as a new store-of-value asset and that governments will continue to devalue fiat currencies, leading to increased demand for hard assets like Bitcoin.</li><li>He states that investing in Bitcoin is making two bets at once: the success of Bitcoin as a store-of-value asset and the continued abuse of fiat currencies by governments.</li><li>Hougan predicts that if Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price could reach six figures, possibly $200,000.</li></ul>

The US dollar doesn’t need to collapse for BTC to reach $200K — Bitwise exec

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