Briefly
- Crypto entrepreneur Arthur Hayes made another bull prediction on Bitcoin.
- In a long blog post, Hayes said Bitcoin could make a million dollars by 2028.
- Reason? The monetary policy of the central bank, he said.
Arthur Hayes is again, this time predicting that Bitcoin price could grow to $ 1 million by 2028.
Former Bitmex Hayes chief, whose consistent is well documented, made his last prediction in a 7,000 -word blog that touched on economy, politics, wealth, philosophy and included a feature photo on musician Lizza (it is also worth noting that Hayes described his short -term screenings as “pretty”).
Hayes claimed that the greatest cryptocurrency It could increase due to the increasingly favorable macroeconomic background, including the probable outflow of foreign investments and devaluation of dollars.
“The repatriation of foreign capital and the devaluation of the Gargantuan supplies of the US treasury will be two catalysts that will break Bitcoin on a million dollars somewhere between now and 2028, “he wrote, determining his prediction in the next presidential election when he could be in power.
“Maybe by some stroke of divine intervention, the American public is ready to accept the monetary hangover for the profileability of the last century and to extinguish the rotten merit that destroys their society,” Hayes wrote. “So now it’s time to make hay as the Sun’s king shines in Bitcoin.”
Hayes, who received pardon From US President Donald Trump after he confessed guilty of a violation of the Bank’s Secretities in 2022, he wrote that Trump would not stick to the tariff, instead, turning over capital controls – and he would scare the investors, which Hayes believes he will run into the US with his capital.
As a result, the federal reserves will print money to make up for the capital leaving the US, and that does not go to the treasury, he wrote. “That’s the same answer as always,” Hayes wrote. “If foreigners will not deliver dollars, the government will use a printing press.”
Trump began the global trade war shortly after he took over his post, imposing a particularly sharp tariff by leading trade partners in China and Mexico. Politics were upset by investors, which led to the sale of cryptocurrencies and other risk assets. These markets have subsequently recovered because Trump has reduced their policies, but foreign investors remain unregulated, which encouraged them to look for better opportunities outside.
Trump is likely to switch politics, as a result – Bitcoin will ultimately benefit, Hayes claims.
“Bitcoin is the perfect and only rescue boat for a global capital that has to leave America and elsewhere,” he wrote.
Hayes previously claimed that Bitcoin would eventually work well because of the US monetary policy of cash printing.
The cryptocurrency market went well and increased during the Coid-19 pandemia, when the US central bank lowered interest rates to zero and flooded the land with new Greenbacks.
Edited James Rubin
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