Arthur Hayes: If the fiat currency system collapses, bitcoin will rise
2024-08-16 03:32:06
Arthur Hayes, co-founder of BitMEX, tweeted that if the Bank of Japan and the Federal Reserve did not let the interest rate spread between the dollar and the yen narrow, the market would continue to increase leverage. If the fiat system collapses or more fiat liquidity chases assets with limited supply, bitcoin will rise.
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