The Investment Director of the Maelstrom Foundation and the co -founder of the Bitmex cryptoderivates, Arthur Hayes named marks, which by the end of the year can achieve the two largest cryptocurrencies in market capitalization: bitcoin and ether.
The businessman is confident that Bitcoin will soon grow to $ 250,000, and the broadcast will grow to $ 10,000 per mint. Heis explained the rapid growth of US military spending – in 2024 the US defense budget has already exceeded $ 1 trillion. Political tension, fighting in Ukraine, the troubled situation in the Middle East will provoke rampant growth in state borrowings, the bitmex assault said.
The increase in government departments will not be funded by raising taxes, but at the expense of the balance of the Central Bank, assumes Hayes. Given the forced decrease in interest rates for servicing public debt, inflation will continue to grow, and from this they will benefit from high -risk assets, namely cryptocurrencies. Digital assets will remain the most reliable way to protect the accumulations from the depreciation of the national currency and the economic crisis, Hayes believes.
The businessman regards inflation not as a threat, but as a Crypton growth catalyst. Unlike food or real estate, where prices increases negatively on the income of an average person, bitcoin and ether benefit from inflation.
Heis considers changes to the American legislation favorable. Given the support of cryptocurrencies in the United States, more and more pension funds and large companies are invested in digital assets. Heis believes that under Trump’s presidency, the trend can accelerate due to tax benefits and more clear regulation of cryptocurrency.
Recently, the founder of Bitmex doubted the prospects of new companies creating steablecoins and trying to enter the stock market. According to Hais, these companies can be reassessed and doomed to failure.
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Source: Cryptocurrency
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