Bitwise CIO Matt Hougan said, "The speculative proportion of Bitcoin is expected to decrease from 100% in 2009 to 0% by 2050. By then, all central banks will use Bitcoin as a standard reserve asset." According to U.Today, he added, "Just three months ago, people were saying Bitcoin was dead. Now they're saying gold is dead. If I give you a hint, what's truly dead is fiat currency."
