Arthur Hayes: Bitcoin Dey Set for Gains Amid US Debt Forgiveness, Fiscal Wahala, and Election Wahala
Arthur Hayes wey na one of di people wey start BitMEX, dey warn about how money dem dey print plenty and how US government debt dey increase. E talk say di central bank money printing, especially as election time dey and as people dey talk about debt forgiveness, fit make inflation high and make di value of fiat money reduce. Hayes talk say government money policies, especially those related to election, dey make people dey fear say spending go cut, but for true, no be real austerity go happen. E talk Bitcoin (BTC) be strong protection against di rising wahala and inflation for fiat money, and say normal people and big investors go likely put more money inside crypto because money and political shakiness dey. Crypto traders dem suppose dey watch how central bank go take make decisions and change policies, because e fit make wahala increase for both old style and digital markets. Hayes analysis show say Bitcoin and other digital things get better future because of big economy conditions and financial wahala wey plenty.
Bullish
Hayes analysis dey link expansive monetary policy, US debt forgiveness, an fiscal uncertainty—specially during election year—to increasing inflation an weakening fiat currencies. Dis macroeconomic environment normally dey push capital go alternative assets like Bitcoin as investors dey look for hedge. Both summaries dey emphasize say increasing retail an institutional demand for Bitcoin likely, supported by historical trends an current investor sentiment. Given di potential for policy-driven volatility an Hayes advocacy for see Bitcoin as safe haven, di expected impact on BTC price na bullish both short an long term.