Bitcoin bros at 'the club' may stop US gov’t from buying BTC — Arthur Hayes
Arthur Hayes doubts the US government would print money to buy Bitcoin while the “popular narrative” paints Bitcoin bros partying in nightclubs.
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.
“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.
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