Arthur Hayes on U.S. Bitcoin Reserve

Arthur Hayes, co-founder of BitMEX, argues that the U.S. won't bolster its Bitcoin reserves due to stereotypes about "Bitcoin bros" and America's high debt. Currently, the U.S. holds Bitcoin primarily seized from criminal cases. Hayes doubts any politician would embrace policies perceived as reckless, like printing money to buy Bitcoin. Critics worry if the U.S. starts buying, smaller countries might struggle to acquire Bitcoin. Hayes also predicts familiar Bitcoin and altcoin market rotations. Despite differing views, he believes Bitcoin will regain dominance, challenging skeptics who doubt a 70% market share return.