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Arthur Hayes thinks bitcoin is more secure than gold

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03.07.2024

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The businessman emphasized that it is bitcoin that wins over gold, as it is not controlled by any one country.

According to the businessman, the states will be forced to implement the traditional policy of printing money again in order to keep their national economies afloat.

At the same time, as Arthur Hayes suggests, we should not expect a global recession, although the majority of ordinary people in the countries will be in a difficult financial situation. According to Hayes, investors should invest in cryptocurrencies to keep their wealth at least at the current level.

The businessman is convinced that devaluation is coming through the centralization of credit distribution in the global banking system, and only cryptocurrencies will not be subject to it due to their architecture.

Thus, if we agree with Arthur Hayes, bitcoin has already surpassed gold in its value, and as the inflationary spiral unwinds, its popularity will only grow.