Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism
Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism Assad Jafri · 10 hours ago · 2 min read Hayes argued that Bitcoin's fixed supply makes it a superior hedge as US policies shift toward debt-fueled growth and interventionist economics. 2 min readUpdated: Nov. 13, 2024 at 12:26 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China’s state-led capitalism under President Donald Trump’s administration.Hayes said in a recent blog post that inflation and a weakening dollar will drive Bitcoin’s value higher in the coming years as government in...