Arthur Hayes believes that the current crypto market has to work, backed by the global monetary trends that he sees as only in his early stages.
Speaking in a recent interview with Kyle Chassé, a businessman from Bitcoin and Web3 for a long time, the co -founder of Bitmex and Cio de Maelstrom currently argued that governments around the world are far from ending the aggressive monetary expansion.
He pointed to American politics in particular, saying that President Donald Trump’s second mandate has not yet completely unleashed the expenses programs that could come since mid -2026 onwards. Hayes suggested that if the expectations for money printing become extreme, it may consider taking partial gains, but for now sees investors underestimating the liquidity scale that could flow towards shares and cryptography.
Hayes tied his perspective to broader geopolitical changes, including what he described as the erosion of a unipolar world order. In his opinion, such periods of instability tend to promote politicians to the fiscal stimulus and the Central Bank that decrease as tools to keep calm and markets calm.
He also raised the possibility of strains within Europe, even suggesting that a French breach could destabilize the euro, as another factor that probably accelerates global printing presses. Although he acknowledged that these policies eventually run the risk of finishing badly, he argued that the upper part of the cycle is still ahead.
Returning to Bitcoin, Hayes backed up the concerns that the asset has stagnated after reaching a record of $ 124,000 in mid -August.
It contrasts their performance with other classes of assets, noting that although US actions are higher in terms of dollar, they have not recovered completely in relation to gold since the financial crisis of 2008. Hayes pointed out that real estate also falls behind when they are measured against gold, and only a handful of US technological giants have constantly exceeded.
However, when measured against Bitcoin, he believes that all traditional reference points seem weak.
Hayes’s message was that Bitcoin’s domain becomes even clearer once the assets are seen through the lens of currency degradation.
For those frustrated because Bitcoin does not publish new highs every week, Hayes suggested that expectations are out of place.
In their narration, the investors of the traditional world and those in Cryptoe actually share the same premise: the central governments and banks will print money when the cuping growth. Hayes says that traditional finances tend to express this opinion by buying bonds in leverage, while cryptographic investors have bitcoin as the “fastest horse.”
Its conclusion is that patience is essential. Hayes argued that the real advantage of Holding Bitcoin comes from years of superior performance combination instead of short -term speculation.
Together with what he sees as an inevitable money creation wave during the rest of the decade, he believes that the current cryptographic cycle could extend until 2026, far from being exhausted.
