BTC to Inflow as Legal Tender System Collapses - Arthur Hayes

IconCryptoNewsTerminal Staff15 Aug, 2024

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BTC to Inflow as Legal Tender System Collapses - Arthur Hayes

Arthur Hayes, co-founder of BitMEX, warns that if central banks fail to manage interest rate differentials, leverage will accumulate in asset markets. This could lead to a rally in BTC if the fiat currency system fails or there is a flight to scarce assets.