Arthur Hayes Bitmex, the founder of the Bitmex exchange, said that the US economy is suffering from “metabolic violations and obesity”: growing public debt, printing new dollars and foreign capital. All this is good for Bitcoin, the businessman said.

According to Hais, the devaluation of the gigantic stock of American treasury bonds and the repatriation of foreign capital will become the main catalysts of the first cryptocurrency rally up to $ 1 million to the beginning of the new elections of the US president in 2028.

“The United States dependence on external financing is growing, and duties make goods more and more expensive for the average voter. Investors prefer bitcoin and gold during turbulence in traditional markets and do not believe in the ability of the authorities to solve the problem of public debt, ”Hais explained.

Bitcoin is the only liquid, free asset, and it is much better than gold, as it does not require intermediaries, the co -founder of BitMex said. In his opinion, the price of the first cryptocurrency will inevitably grow, since governments are increasingly resorting to measures such as monitoring the movement of capital, trying to control the trade deficit and fiscal imbalance.

In this environment, Bitcoin will serve as a critically important tool for risk hedging – against the system, national fiat currencies are faced with devaluation and strict supervision, the businessman explained his point of view.

Earlier, Arthur Hais said that the war of customs duties, unleashed by US President Donald Trump, did not cause enthusiasm in world financial markets, but could become a catalyst necessary for the bitcoin for the rally.