Matt Hougan: Harvard's Bitcoin-to-Gold allocation ratio is 2:1 On December 9, Bitwise CIO Matt Hougan stated that Bitcoin's long-term logic stems from 'growing concerns about the future of fiat currency,' especially against the backdrop of surging U.S. debt. To hedge against printing money to pay off debt, Harvard has initiated a 'currency devaluation trade' this year, with a specific allocation of $500 million in Bitcoin and $250 million in gold, maintaining a 2:1 ratio. Hougan believes that, referencing the path where gold ETFs saw their market cap grow 10x after launch, Bitcoin only needs to maintain its current 8% share of the gold market. Over time, with the increasing demand for 'devaluation trades,' Bitcoin is likely to replicate gold's 10x growth trajectory. Source: Bitcoin For Corporations and Bitcoin Magazine