12 articles found
Arthur Hayes Foresees a Revolution Led by AI-Powered DAOs
Arthur Hayes, Maelstrom CIO and ex-BitMEX CEO, argues that AI-powered Decentralized Autonomous Organizations (DAOs) will revolutionize economic entities, making traditional structures obsolete due to their reliance on human labor and state-enforced contracts. He asserts AI DAOs, unfettered by physical forms and therefore state laws, will use smart contracts on public blockchains for self-governance and service provision. Hayes predicts that DAO capital markets will become the first genuinely global markets and decentralized exchanges will naturally monopolize the trading of DAO-issued tokens. Hayes sees a future trillion-dollar AI-powered economy that would significantly boost the value of blockchains like Ethereum.
Arthur Hayes predicts the alt season
The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course). Key takeaways from Arthur Hayes' post: 📌 S&P500 is up 40% in 3 months; 📌 Fed balance sheet will drop $100 billion every month; 📌 The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation; 📌 When the money runs out (sometime in July), Congress will vote to increase the debt ceiling; 📌 The market will end up flooded with unbacked debt liabilities; 📌 The world's banks will be forced to resort to printing more money (this process has already begun). "The party has begun!", Arthur concludes.