Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves - Ep. 587

Published: Dec. 29, 2023, noon

b"Take the Unchained 2023 survey!\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\\nAs 2023 nears its end, the crypto community is abuzz with speculation: will the relentless crypto winter give way in 2024? Crypto OG Arthur Hayes is confident that crypto is on an upswing. According to Hayes, these market cycles are historically recurrent, indicating a potential bull run in the near future.\\xa0\\nIn this episode, Hayes offers his insights on a range of compelling topics, from what he believes will be a resurgence of central bank money printing between 2024 and 2027 to the effect spot Bitcoin ETFs will have on crypto markets.\\xa0\\nHe also shares his views on the post-FTX blockchain landscape, the dynamics of Ethereum and memecoins, and why he thinks Tether won\\u2019t last.\\xa0\\nShow highlights:\\n\\nWhy Arthur believes that central banks across the globe might resort to printing money again between 2024 and 2027\\n\\nWhy he's anticipating a bull run in the crypto market within the next year\\n\\nWhether the financial system established post-World War II is on the verge of a breakdown\\n\\nWhat Arthur recommends investors should do in the event of a spot Bitcoin ETF launch\\n\\nWhy he is confident that the launch of a Bitcoin ETF won't immediately lead to a massive surge in prices\\n\\nHow, according to Arthur, the collapse of FTX actually validated the resilience of the blockchain ecosystem\\n\\nWhether the DCG crisis is likely to have a far-reaching impact on the crypto industry\\n\\nWhy Arthur maintains a bullish stance on ETH and the Ethereum ecosystem, despite labeling it a \\u201cshitcoin\\u201d\\n\\nWhether he sees the use of the Bitcoin blockchain for trading memecoins (BRC-20s) as problematic\\n\\nWhy Arthur thinks Tether's dominance will be challenged with the entry of major U.S. banks into the stablecoin market\\n\\nWhy he firmly believes that AI systems will favor Bitcoin over traditional forms of money\\n\\nWhy, in Arthur's view, China may not aim to become the issuer of the global reserve currency\\n\\nThe investment strategy of Arthur\\u2019s family office, Maelstrom\\n\\nThank you to our sponsors!\\n\\nArbitrum Foundation\\n\\nUniswap\\n\\nPopcorn Network\\n\\nGuest\\n\\n\\nArthur Hayes, CIO of Maelstrom.\\n\\nPrevious appearances on Unchained:\\n\\nArthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH\\xa0\\n\\nArthur Hayes of Bitmex on Why Countries Will Turn to Digital\\n\\nThe Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks\\n\\nHow Crypto and Blockchain Technology Could Change Financial Services\\n\\nLinks\\nMacroeconomics\\n\\nCoinDesk: The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes\\n\\n\\n\\nBad Gurl by Arthur Hayes\\n\\n\\nThe Periphery by Arthur Hayes\\n\\nArthur Hayes\\u2019 tweet: \\u201cthe U.S. banking crisis is back\\u201d\\n\\nBitcoin ETFs and markets\\n\\nForbes\\u2019 Billy Bambrough on Arthur Hayes\\u2019 hot ETF take - \\u201cIf ETFs managed by TradFi asset managers are too successful, they will completely destroy Bitcoin.\\u201d\\n\\n\\nBlockworks: Institutional custody of bitcoin could kill it, cautions Hayes\\n\\n\\nArthur\\u2019s tweet on cash or in-kind Bitcoin ETFs\\n\\nUnchained: Why the SEC May Want Cash Creation of Spot Bitcoin ETFs\\n\\n\\nArthur\\u2019s meme on BlackRock\\xa0\\n\\nSBF and FTX\\n\\n\\nWhite Boy by Arthur Hayes\\n\\n\\nWhite Man by Arthur Hayes\\n\\nNew York Magazine: The Original King of Crypto Is Back Arthur Hayes rubbed success in the Feds\\u2019 face and got busted. Now he\\u2019s returning to a shell-shocked industry.\\n\\n\\nCZ and Binance\\n\\n\\nPanda Power by Arthur Hayes\\n\\nUnchained:\\xa0\\n\\nHow Binance Will Open All Its Activity to the U.S. Government\\n\\nBinance to Pay $4.3B Penalty to Resolve U.S. DOJ Criminal Investigation; Changpeng Zhao Resigns, Pleads Guilty to Money Laundering Charges\\n\\n\\nFor more detail and links visit Unchained!\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"