🌋 Arthur Hayes: ‘Trump or Harris, it doesn’t matter’

posted  7 Aug 2024
Photo - Arthur Hayes: ‘Trump or Harris, it doesn’t matter’
In an interview with DLNews, Arthur Hayes, co-founder of BitMEX, stated that both Trump and Harris' administrations will continue to print money. Hayes believes this will drive cryptocurrency prices up, although the journey might be volatile.

Hayes also shared his views on Gary Gensler, suggesting that people are focusing on the wrong issue. He believes that removing Gensler will not change anything as long as the existing regulations are in place.
It’s just the politics. And you could replace him with somebody else. Gary Gensler’s not the problem. The SEC isn’t the problem either,
Arthur Hayes explained.
When asked about the possibility of the US government adding Bitcoin to its reserves, Hayes deemed it almost impossible due to the requirement for a large number of supporting votes, although he described it as a great idea.

Arthur Hayes recently released an essay titled "Spirited Away," where he examines the crypto market, the economies of the US and Japan, and speculates on potential actions by Kamala Harris.