This MASSIVE Catalyst Could Take Bitcoin Straight to $1 Million – Arthur Hayes

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

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At the end of the day we know that they’re going to print money to save the banking system we just don’t know when it’s going to happen and then what the program is going to look they’re not going to call it quantitative easing you’re not going to call this thing that

They called it before because that’s politically not suitable they’ll come up with a new Alphabet letter name for it and you know people like me and others oh actually guess what guys like if you really look at how it works it’s printing money and I think Bitcoin is

Very attuned to that 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 crypto is the anti anteus to the trfi system when printed money happens and you debase you know the value of time

And human labor we rejoice and we say great you we’re going to take Bitcoin to a Million Arthur Hayes former CEO and co-founder of cryptocurrency exchange bitmex has again doubled down on his $1 million price prediction for Bitcoin the world’s leading cryptocurrency by market cap according to the American entrepreneur who has

Been reported as being the youngest African American crypto billionaire in history many factors are aligning to easily take Bitcoin to new alltime highs in 2024 in addition to crypto fundamentals like the 2024 Bitcoin Haring event Arthur is also extremely bullish about how unfolding macro factors will impact Bitcoin prices in

2024 and Beyond Arthur is especially concerned about the overall health of the US banking industry during a recent interview with the coin Bureau Arthur explains that a huge storm is brewing above the banking industry when it hits the impact would be so severe that it would cause a multi-trillion dollar

Collapse that could significantly impact other sectors and the overall US economy this impending crisis threatens the 20 trillion commercial real estate market which is largely supported by Regional Banks the CR is currently facing the double threat of high interest rates and even higher vacancy rates spurred by the increasing popularity of remote jobs

With this important industry under threat property owners are abandoning multi-million doll projects leaving a heavy burden on already embattled Regional Banks according to Arthur when the storm hits the Federal Reserve will be forced to rescue the banks by printing hundreds of billions of dollars while thoughts of further monetary

Debasement sound like a nightmare Arthur predicts it will be the opposite for crypto investors he believes it will be caused for celebration and could easily take Bitcoin to new all-time highs in 2024 Arthur’s Ultra bullish Target for the leading crypto asset is $1 million we will now bring you clips from

Arthur’s interview as he discusses the possibility of an impending crisis and how assets like Bitcoin and other cryptocurrencies will perform during the crisis for more videos like this please subscribe to the channel turn on post notifications and give this video a thumbs up thanks and enjoy the video there’s a particular company called

Castle in the US and they do scans of office key cards and and there’s an index and it shows basically about in the major Metropolitan markets in the United States 50% of people are back into the office so that means that office buildings are utilized 50% less

And so in a theoretical perspective that mean like an office building is only valuable because people go into it and so you think well certainly these things should be worth a lot less money than what they were marked at in 2019 and that’s the issue all these Banks um

Loaded into this this group of like super safe us commercial real estate because people go to the office they spend a lot of money they have good tenants blah blah blah in the prime markets and then half the people decided they don’t need to come in the office

Anymore and these things are worth less now is it a 20% decline 30% 40% I don’t really know there’s some selected transactions that are you know down a lot and the problem is these banks have these loans and they don’t want to recognize these losses because if you

Recognize you know a 50% hit on an asset class that’s a few trillion dollars collectively across Ross many you know us large and small Banks essentially the US banking systems ins solvent but again we don’t have a lot of transactions because there’s not an incentive to trade people buying office Billings are

Like well h Hello like half your people don’t come in to work anymore I’m not paying that price the seller’s like holy if I mark this down and what it’s worth a lot of other things happen in my business that I don’t want to have happen which is basically I’m a bankrupt

Company and then I need to either like talk to The Regulators or do some sort of disclosures so nobody’s Trading these commercial real estate so as we start seeing you know a bank like New York Community Bank shock the market by saying guess what we think we have to

Provision 10 times more money for the commercial real estate on our books and it was only two loans it was a $50 million provision in like I think Q3 and went up to $500 million in Q4 on two loans that they had on their books and

Then all of a sudden people oh hold on a second who else has this commercial real estate problem and the answer is everybody does now in in the US there’s eight banks that are deemed basically nationalized like a GP Morgan a City Bank a Goldman Sachs Morgan Stanley Bank

Of America these banks are not allowed to fail they’re deemed too big to fail they have Deposit Insurance meaning if you put infinite amount of money in their Bank the government the US government guarantees the uh the deposits and so these banks are fine they could have as much commer real

Estate as they want because at the end of the day even if it’s worth zero if you walk to the JP Morgan branch and say I want all my money and it’s a million dollars the government will come in and give cheing morean a million dollars to

Give back to you and so you’re cool so that’s not the problem the problem is every other bank that’s not top eight thousands of other banks that have trillions of US dollars worth of commercial real estate and they’re all like oh if the market ever figures

Out that you know we don’t these assets aren’t worth what we say they’re worth then if I don’t have an insured deposit then I’m going to move my money out of the m and so that’s the fear is that if people start to realize like well how much commercial real estate does my

Shitty little Bank have maybe I should take my money out and give it to JP Morgan and so what you’re going to have is a sucking of assets from the small banks in the US to the large banks in the US and at a certain point that becomes a problem because the government

US Government hasn’t said that they’ve guaranteed all these deposits and so you could have this multi-trillion dollar banking crisis now that’s all well and good we’re not there yet the question is okay is New York Community Bank you know it’s still I don’t know 60 something percent

Uh in the last week and a half are they the first or the last um I think they’re going to be allowed to fail 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 coincides 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 um this fits for the timing or one year after you know the first scare which is the US Treasury Market and the US government came in and did they guaranteed every US

Treasury and mortgage back security held in any us or branch of you know us branch bank and that’s you know4 trillion dollish kind of potential money printing exercise with the impending crisis Arthur warns that it is almost certain that the Federal Reserve will another funding program to bail out

Banks especially if a bigger bank is threatened despite the fed’s insistence that it would not come to the rescue there are many examples of it doing exactly that once the too big to fail banks are even remotely threatened in recent posts on X Arthur brilliantly sums up the situation and how it will

Impact the cryptocurrency market his first post reads who cares about Fed rate cuts when you combine fed and treasury activities the net is an injection of $21 billion per month this is one reason why Tech artificial intelligence and crypto are pumping and will continue to pump the physical

Economy it’s all about the online economy in another post Arthur reveals that he’s putting some James Brown on and looking at his portfolio Get Up Get on Up he adds optimistically Bitcoin to 1 million let’s get back to the interview as Arthur talks about spot Bitcoin ETFs

And the Poss possibility that we could be killing Bitcoin by opening the doors to traditional Finance players like Black Rock and Fidelity I think it’s a great thing that we’ve created this new Financial system and for how 15 years it was ignored and the Winkle VI twins file

Filed their first ETF application in 2013 yeah I don’t even know if they got one in the end 10 years later Larry Fink files his in June of 2023 six months later he gets an ETF right and so that tells you all you need to know about

What this ETF is and who is um behind it is it a Crypton native thing to help you know expand the financial freedom of the world absolutely not is it a way to sequester Fiat dollars that want to earn a return in Fiat using what they think is new technology absolutely it’s a

Trading product it makes fees for Black Rock and Fidelity and all the other major asset managers who’ve scooped up I mean you probably know the numbers better than me however many billions in AUM over the last four weeks or so yeah so it’s been the most successful ETF

Launch in capital markets history that’s also tell you like what is the problem that it’s trying supposedly trying to solve which is you know a global race to how much money can we print 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 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 MC 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 by inflation as well is there a risk that we’re killing Bitcoin with the surge of traffic for spot Bitcoin ETFs

Institutional demand coming through is Bitcoin still the money of the people I think so and again I don’t think the response if you’re afraid of Black Rock and some of these other managers is to say you need to B ban them from owning Bitcoin that’s not how Bitcoin works it’s a permissionless

System anyone who wants to own it for any purpose is allowed to do so uh if we want to maintain the progress of you know super hard crypto money uh then we’re going to have to become active the best part about owning Bitcoin and why the community is so strong is because

People care about it and they do things now black rock is a apathetic money manager they don’t do anything they collect assets and charge a fee and sit on them they’re passive so they’re not going to do good things and they’re not going to do bad things but they’re not

Going to have Bitcoin move out of their custody unless maybe there’s some Bond or something they buy I I doubt it but that Bitcoin is just going to sit there so the more Bitcoin they accumulate the more Bitcoin that’s never going to move and never going to do anything you know

Obviously the large whales in Bitcoin they’re not spending money all the time but if you take a look at what the Investments of people like Roger ve and the Winkle VI and some of the other large Bitcoin holders were do back 10 years ago they were investing in

Companies giving people Bitcoin to build services to create an ecosystem that made the Bitcoin that they still retain more valuable is black or going to do that absolutely not they’re going to sit on the Bitcoin and charge a management fee so it’s the same problem with capital markets where pass passive index

Investing is killing um price Discovery because you invest in a company you invest in an index and the index invests in the highest valued stock whether or not that stock earns its rate of return similar things could happen with Bitcoin it’s up to us to actually do stuff with

The network and things like ordinals where people are you know bringing jpegs to to bitcoin I think it’s a great thing I know some people think it’s trash that’s on the blockchain but at least we’re using it if you know if ordinals are the only thing that keeps people

Using Bitcoin and spending Bitcoin that’s the best thing because now we have the M the miners have income in Bitcoin for people using the network that they’re there to upkeep versus Black Rock and other asset managers all they want to do is sit on Assets in charge of fee when asked about other

Cryptocurrencies he’s bullish on for the 2024 bull market Arthur mentions salana not necessarily because of the network strength but because of Market sentiments according to Arthur people love and hate salana and they love to trade it as a result Arthur believes he can make a lot of money by trading

People’s emotions with crypto assets like salana Arthur is also bullish on Meme coins like dog wiat which he predicts will be the best dog money of this bull cycle and pepe what are your thoughts on the interview Arthur is certain that the FED May print more money to save the banks which means

Further currency debasement and more reasons for investors to buy Bitcoin please drop your comments and observations in the comment section below also ensure you like this video subscribe to the channel and turn on post notifications for more videos thanks for watching that