Arthur Hayes, co-founder of BitMEX, forecasts that Bitcoin (BTC) could experience significant price increases under certain conditions. Specifically, Hayes believes that if the current fiat monetary system collapses or if there is an influx of fiat liquidity into assets with finite supply, Bitcoin’s value could surge dramatically.
Hayes shared his projections on a social media platform, drawing attention to the vulnerabilities of the fiat system and the potential advantages of decentralized digital currencies like Bitcoin.
The post highlights Hayes’ perspective on the future trajectory of Bitcoin, particularly in the context of broader economic instability and the dynamics of fiat liquidity.
Source: coinedition.com ↗