Arthur Hayes: If the fiat currency system collapses, Bitcoin will rise
BitMEX co-founder Arthur Hayes tweeted that if the Bank of Japan and the Federal Reserve do not narrow the interest rate differential between the US dollar and the Japanese yen, the market will continue to leverage. If the fiat currency system collapses or more fiat currency liquidity chases after limited supply assets, Bitcoin will rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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