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 …