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Arthur Hayes, the founder of BitMEX, predicts that Bitcoin (BTC) could hit a seven-figure price in the coming years. In an interview on the Kyle Chasse YouTube channel, Hayes says Bitcoin could reach a price of $1 million by the end of 2028. According to Hayes, the potential easing of US monetary policy will positively impact Bitcoin’s price.
Says BitMEX Founder
“I don’t know, I can’t tell you what stock is going to do well, that’s hard. But I can tell you where Bitcoin’s going to go. We know you’re going to print more money, we know that Bitcoin does best when money is printed.
“I don’t know, I can’t tell you what stock is going to do well, that’s hard. But I can tell you where Bitcoin’s going to go. We know you’re going to print more money, we know that Bitcoin does best when money is printed.
So if you’re thinking about the trade war and thinking about Biden's term, he issued about $7.1 trillion of debt, the Treasury issuance over his term and we got Bitcoin 6x [from around $10,000 to over $60,000] to 8x from the start of his term.
So if you’re thinking about the trade war and thinking about Biden's term, he issued about $7.1 trillion of debt, the Treasury issuance over his term and we got Bitcoin 6x [from around $10,000 to over $60,000] to 8x from the start of his term.
That’s a $7.1 trillion deficit. The deficit is already expanding under Trump incrementally every year. It went up in 2023. It’s already expanding. And if you think about the US population is getting over structurally. So Social Security and Medicare payments will rise structurally. They can’t stop that.
That’s a $7.1 trillion deficit. The deficit is already expanding under Trump incrementally every year. It went up in 2023. It’s already expanding. And if you think about the US population is getting over structurally. So Social Security and Medicare payments will rise structurally. They can’t stop that.
They’re talking about cutting back on defense spending but that’s not going to happen. The defense budget is going to only increase. They’re going to have to re-shore production, build a bunch more missiles and bullets and all that sort of stuff right. And so again, the deficit is only going one way – it’s going higher.
They’re talking about cutting back on defense spending but that’s not going to happen. The defense budget is going to only increase. They’re going to have to re-shore production, build a bunch more missiles and bullets and all that sort of stuff right. And so again, the deficit is only going one way – it’s going higher.
They’re talking about cutting back on interest payments on the Treasury debt but again if you look at the size of the outstanding Treasury debt, it’s growing at an exponential clip.
They’re talking about cutting back on interest payments on the Treasury debt but again if you look at the size of the outstanding Treasury debt, it’s growing at an exponential clip.
And if you think about the US population is getting older structurally. So Social Security and Medicare payments will rise structurally. They can’t stop that.
And if you think about the US population is getting older structurally. So Social Security and Medicare payments will rise structurally. They can’t stop that.
They’re talking about cutting back on defense spending but that’s not going to happen. The defense budget is going to only increase. They’re going to have to re-shore production, build a bunch more missiles and bullets and all that sort of stuff right. And so again, the deficit is only going one way – it’s going higher.
They’re talking about cutting back on defense spending but that’s not going to happen. The defense budget is going to only increase. They’re going to have to re-shore production, build a bunch more missiles and bullets and all that sort of stuff right. And so again, the deficit is only going one way – it’s going higher.
They’re talking about cutting back on interest payments on the Treasury debt but again if you look at the size of the outstanding Treasury debt, it’s growing at an exponential clip.
They’re talking about cutting back on interest payments on the Treasury debt but again if you look at the size of the outstanding Treasury debt, it’s growing at an exponential clip.
And if you add up the interest on the Treasury debt and if you look at the size of the outstanding Treasury debt it’s growing at an exponential clip and if you look at the US population it's getting older structurally so the Social Security and Medicare payments will rise structurally they can't stop that and if you look at the defense budget they're talking about cutting back on defense spending but that's not going to happen they're going to have to re-shore production build a bunch more missiles and bullets and all that sort of stuff and if you look at the size of the outstanding Treasury debt it's growing at an exponential clip and if you look at the US population it's getting older structurally so the Social Security and Medicare payments will rise structurally they can't stop that and if you look at the defense budget they're talking about cutting back on defense spending but that's not going to happen they're going to have to re-shore production build a bunch more missiles and bullets and all that sort of stuff and if you add up the interest on the Treasury debt and again if you look at the size of the outstanding Treasury debt it's growing at an exponential clip and if you look at the US population it's getting older structurally so the Social Security and Medicare payments will rise structurally they can't stop that and if you look at the defense budget they're talking about cutting back on defense spending but that's not going to happen they're going to have to re-shore production build a bunch more missiles and bullets and all that sort of stuff and if you add up the interest on the Treasury debt and if you look at the size of the outstanding Treasury debt it's growing at an exponential clip and if you look at the US population it's getting older structurally so the Social Security and Medicare payments will rise structurally they can't stop that and if you look at the defense budget they're talking about cutting back on defense spending but that's not going to happen they're going to have to re-shore production build a bunch more missiles and bullets and all that sort of stuff and if you add up the interest on the Treasury debt and if you look at the size of the outstanding Treasury debt it's growing at an exponential clip and if you look at the US
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