Arthur Hayes Advocates Bitcoin and Gold Amid US Dollar Concerns
- Arthur Hayes, BitMEX co-founder, warns of a potential collapse of the US Dollar.
- The United States is reportedly establishing a Strategic Bitcoin Reserve.
- Hayes suggests investing in Bitcoin and gold as a hedge against dollar devaluation.
- He highlights the exponential growth of US treasury debt since leaving the gold standard in 1971.
- Hayes predicts Bitcoin could reach $1 million due to increased adoption and its role in national reserves.
Arthur Hayes emphasizes the risk to the US Dollar with the establishment of a Strategic Bitcoin Reserve, advising investments in Bitcoin and gold to counteract potential devaluation. He also forecasts significant growth for Bitcoin’s value based on its adoption.
Source (2.6)https://coingape.com/arthur-hayes-urges-buying-bitcoin-gold-as-us-dollar-collapses/?rand=24432
