A Great Depression Worse Than 2008 - Survive & Thrive During The New Economic Reset | Arthur Hayes

Words
233
Reading
2 min
Listen
Play
3y


Man this was an insanely good talk. For several years I have felt like Arthur Hayes was really smart and very well studied on economics and how crypto fits into that. I think we have to consider his outlook on what is going to happen. That despite having 40% of the USD ever in existed being printed in the last 2.5 years that the printing press isn't done and that the system will break so bad they will attempt to print their way out of it again on an even larger scale and then money will flow harder to crypto than we have ever seen before to a point where Bitcoin hits $750,000 to $1,000,000 / coin. Personally I feel like a lot would have to change development wise for the network to handle that kind of price inflows because of the block sizes and the out of control fees. The same thing goes for Ethereum. Essentially he is saying that would happen in 2026 which would typically be after the bulk of the 4 year cycle run that we have seen playout in crypto. Then he is saying after that hyper inflationary event things would collapse very hard and be a depression event. Personally I'm not so sure that that scenario isn't already been set in motion and that is going to play out now.

What do you guys think?


▶️ DTube
A Great Depression Worse Than 2008 - Survive & Thrive During The Ne... | Ecency