BitMEX founder Arthur Hayes explained the reason when pointing to $ 1 million for Bitcoin (BTC).
He frequently stated that the financial system would collapse and banks would go bankrupt. Arthur Hayes, appeared before his followers once again. Hayes on social media dated February 7 in the post, New York Community Bank credit score “rubbishHe almost made fun of the capitalist system by quoting a Bloomberg news that it had been reduced to “” level.
At the end of the day, such banks will inevitably go bankrupt The experienced name expressed, then The central bank will inflate the economy by choosing to print more money. defended.
Implying that the Mkaroeconomic system cannot be saved from the inflation vortex it has fallen into, Hayes said that, in response to these conditions, it draws attention with its limited supply. It is inevitable that Bitcoin will reach $1 million pointed out:
Their value has dropped to junk level and they will eventually go bankrupt. And they (central banks) will print more money in response. BTC = $1 million.