Why Arthur Hayes says now is the time to buy crypto: 'Prices will get sillier on the upside'

Why Arthur Hayes says now is the time to buy crypto: 'Prices will get sillier on the upside'

- Arthur Hayes predicts governments will further drive inflation. - Policies will lead to further debasement in national currencies. - That’s positive for cryptocurrencies, which will act as inflationary hedges, the BitMex co-founder argued. The next couple of months will be the “perfect time” for investors to top up their cryptocurrency positions, according to BitMEX co-founder Arthur Hayes. The continuous debasement of major global currencies by their respective governments has created a favourable environment for assets like Bitcoin, Hayes wrote …