Killing Bitcoin, Riding To The Moon & Bull Market With Arthur Hayes!

"I think that this if once they're allowed to fail and maybe that happens in a week or three weeks or whatever it is then the crisis spreads to larger Banks and at a certain point it gets politically unpalatable for the FED to allow a very substantial non- too big to fail Bank to fail and at that point they start printing money again and so I think that coincide sometime in the March time frame for whatever reason financial crisis we like to have them in you know January to March and October to November"

"and then everybody goes and buys Lambos because crypto goes nuts right that's kind of the thesis but we need to have a little crisis first"

"I think that after hundreds of years of central banks bailing out indebted financial institutions and the first too big to fail bailout was the bank of England in 1773 with the East India Company when they were over indebted and everyone owned their stock and said oh [ __ ] we're going to go bankrupt uh please lend us money and because all the bankers own the stock they took the public money and gave it to the East India Company bailed them out so that was the first major bailout we've done and every single time there's been a crisis there's been a bailout Bitcoin knows this we're so attuned to this that we know that if New York Community Bank is the harbinger for future bank failures then we know the response is printed money so we're not going to fall on that news which would be you know financial crisis we love financial crisis because financial crisis means more Fiat more debasement more inflation and this is the whole point of crypto and defi is to build a parallel Financial system which does not is not affected by that sort of debasement and therefore prices actually go up"

"I think Bitcoin is very attuned to that we saw the price go from like 48 to 38,000 I know I was calling for lower didn't happen you know we broken above 50 so we're hovering around there right now I think that after hundreds of years of central banks bailing out indebted financial institutions and the first too big to fail bailout was the bank of England in 1773 with the East India Company when they were over indebted and everyone owned their stock and said oh [ __ ] we're going to go bankrupt uh please lend us money and because all the bankers own the stock they took the public money and gave it to the East India Company bailed them out so that was the first major bailout we've done and every single time there's been a crisis there's been a bailout Bitcoin knows this we're so attuned to this that we know that if New York Community Bank is the harbinger for future bank failures then we know the response is printed money so we're not going to fall on that news which would be you know financial crisis we love financial crisis because financial crisis means more Fiat more debasement more inflation and this is the whole point of crypto and defi is to build a parallel Financial system which does not is not affected by that sort of debasement and therefore prices actually go up so the more stress that we see in the US Financial system the more that Bitcoin is going to preempt the move of money Printing and also I think Tech and AI stocks are in the same boat as well"

"so the more stress that we see in the US Financial system the more that Bitcoin is going to preempt the move of money Printing and also I think Tech and AI stocks are in the same boat as well Anything that doesn't need a bank loves financial crisis tech companies don't need Banks they have essentially infinite profit margins once they've created really good software and they don't need to finance their cacks through the banking system they love printed money crypto is the anti anthus to the try system when printed money happens and you debase you know the value of time in human labor we rejoice and we say great [ __ ] you we're GNA take Bitcoin to a million"

"yes I do think Chinese Semus is coming the PBC has already printed hundreds of billions of dollars and tried to loan it out to people to revive the property sector I think they're going to go much bigger in terms of their stimulus but only after the Federal Reserve starts cutting rates"

"I think Hong Kong is going to be competing with New York to get crypto funds but obviously they're not going to compete with Western fund managers who by and large are shunning anything China related because they view it as uninvestable for a political uh reasons but Hong Kong is the conduit for Mainland Chinese Capital to go into a semi it's not a free market but it's Freer than the Chinese Capital markets"

"it's not an American issue it's not a China issue it's a everybody's doing the same thing at the same time and this is is just one way for the authorities to try to control where that Fiat goes because if you actually buy real Bitcoin then get out of it's out of their purview but if you buy a black rock or a China AMC ETF perfectly within their you know view to see what's going on who owns what and make sure that you know when the time comes that money is subject to taxation via inflation as well"

"the real true Tech Developers normally the uxui is a little a little sus okay that uxui just it's it's is how people are promoting it to you what they're claiming they can do what are the channels um that they're going through to get this money and yeah again if it seems too good to be true it almost certainly is"

"best dog money of this bull cycle"

"I think we're just starting the real bull market starts once Bitcoin surpasses 70,000 and essentially the whole crypto market cap and aggregate passes what it reached in 2021"

"I think that the Market's going to top out but you can control your plan you can control when you take money off the table to purchase that asset or you need to have a particular type of income stream to quit your job you achieved that okay put your money into what have you perceived as either a safer crypto a safer investment vehicle whatever it is and do that so I think make sure you have a plan when you start and then when you get to the goal Cash Out stick to the plan don't get greedy"

"there's gonna be some point scheme something and it's G to be massive maybe it's gonna have some sort of AI tint to it it's gonna be some economic game that they're playing with your mind and everybody's want to going to want to participate and the amount of money that they raise is going to be stupendous what they claim they're going to do with the money is going to be stupendous as well right they're going to have some massive Vision about what they're going to do with this money maybe it's you know Sam Elman said he's going to raise $7 trillion do to build some specialized semiconductive fat for AI maybe there's going to be a crypto analogous thing we're going to raise a trillion dollars to do something in AI to compete with open Ai and you know Microsoft and Google and whatever it is right something big it's got to be a big Vision we have this new way of potentially you know raising funds uh the point system and any derivatives that people create I think we'll start to see something like that probably in 2025"