BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype behind “Bitcoin bros.”
“I’m not really into the whole Strategic Reserve situation,” Hayes said in a May 1 interview.
Hayes doubts print money plans for Bitcoin
“The United States is a deficit country; the only way they can do a Strategic Reserve is not sell the Bitcoin they took from people, fine, that’s 200,000 Bitcoin,” he said.
Arthur Hayes spoke to Kyle Chasse on his crypto interview series. Source: Kyle Chasse
However, Hayes said it’s hard to imagine any “properly elected” politician openly announcing that the government plans to print money to buy Bitcoin (BTC).
“Especially when the popular narrative is a bunch of Bitcoin bros going