Arthur Hayes Predicts Bitcoin Will Hit $1 Million by 2028
- Arthur Hayes, co-founder of Maelstrom, suggests capital controls over tariffs to address US economic imbalances.
- He proposes a 2% annual tax on approximately $33 trillion of foreign-held US assets.
- This tax could potentially eliminate federal income taxes for the bottom 90% of Americans.
- Hayes forecasts a migration of $3.3 trillion into Bitcoin, triggering significant price increases.
- Bitcoin is positioned as a key asset amid potential capital controls and financial shifts.
Arthur Hayes argues that implementing capital controls could redirect $3.3 trillion into Bitcoin, pushing its value to $1 million by 2028. He emphasizes Bitcoin’s potential as a secure asset amidst shifting economic policies. At press time, BTC was trading at $102,377.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-1-million-2028-capital-controls/?rand=52377