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Arthur Hayes: If there is an economic recession in the US, the Federal Reserve will increase its printing of money to stimulate Bitcoin's "2 Da Moon".

Arthur Hayes: If there is an economic recession in the US, the Federal Reserve will increase its printing of money to stimulate Bitcoin's "2 Da Moon".

Bitget2024/08/28 02:29
The concept of Bitcoin was first proposed by Satoshi Nakamoto in 2008. It is an open-source software designed and released based on Satoshi Nakamoto's ideas, as well as the P2P network built on it. Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system. Unlike most currencies, Bitcoin does not rely on a specific currency institution to publish. It is generated through a large amount of calculation based on a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptographic design to ensure the security of all aspects of currency circulation.
 
On August 28th, Arthur Hayes, co-founder of BitMEX, released his latest article "Sugar High", exploring issues such as why the yen's interest rate hike is not strong enough. Hayes stated that entering the final stage of the third quarter, fiat currency liquidity conditions could not be more favorable for cryptocurrency holders.
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