BitMEX founder Arthur Hayes believes Bitcoin and Ether are crypto’s reserve assets while everything else is a shitcoin. While he assured that he loves shitcoins and is not a maxi(malist), Hayes went on to add that the first stop is always BTC since “Bitcoin is money and only money.”
Hayes talks about what to purchase to outperform the currency debasement. The smartest trade is going long crypto, according to the exec. He cited that nothing else has outperformed the increase in central bank balance sheets like crypto.
Hayes on Janet Yellen’s Strategies
Hayes delivered a candid analysis of Janet Yellen’s pivotal role as the United States Treasury Secretary and the consequential impact of her decisions on the global financial system. He characterized Yellen as the “baddest bitch in the world,” highlighting her authority to exclude entities from the dollar-dominated financial system, equating it to a potential “death sentence.”
In his latest blog post, Hayes further criti
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