Arthur Hayes Believes AI and Loose Monetary Policy Could Spark Massive Crypto Bull Market
BitMEX founder Arthur Hayes predicts that two key factors could unleash an unprecedented crypto bull market in the current cycle. In an interview with Coin Bureau co-host Jessica Walker, Hayes suggests that artificial intelligence (AI) innovation and a more relaxed Federal Reserve monetary policy could lead to the crypto market capitalization growing by trillions of dollars in the coming years.
The Role of AI in Crypto
Hayes argues that decentralized money, decentralized compute power, and decentralized storage solutions are essential for AI to become a pure economic actor independent of human influence. He believes that AI’s need for these decentralized tools could create a significant connection between AI and cryptocurrencies.
Inflationary Factors and Money Printing
According to Hayes, the next two to four years will witness an unprecedented amount of money printing due to upcoming elections and increasing defense budgets worldwide. This combination of factors, including inflation and increased war spending, is expected to fuel a supercycle of technology and money printing. Hayes predicts that this will result in the biggest crypto bull market ever seen, with trillions of dollars added to the market cap within the crypto ecosystem.