The recent success of Bitcoin has been a hot topic of discussion in the financial world. This success has been largely attributed to the Federal Reserve’s decision to expand its printing of ‘fiat toilet paper’, or US dollars. In a recent interview, Arthur Hayes, CEO of BitMEX, commented on this success and the implications it has for the future of cryptocurrency.

Hayes believes that Bitcoin’s success is largely due to the Federal Reserve’s decision to print more money. He believes that this decision has caused a devaluation of the US dollar, which has led to an increase in the demand for Bitcoin. He states that this demand is driven by people who are looking for a store of value that is not subject to inflation.

Hayes also believes that this demand for Bitcoin is only going to increase in the future. He believes that as more people become aware of the benefits of cryptocurrency, more people will start investing in it. He believes that this will lead to an increase in the price of Bitcoin, as well as an increase in its market capitalization.

Hayes also believes that the success of Bitcoin is a sign of a larger trend towards digital currencies. He believes that as more people become comfortable with using digital currencies, they will start to use them more often. He believes that this will lead to an increase in the number of businesses that accept digital currencies, as well as an increase in the number of people who use them.

Overall, Arthur Hayes believes that the success of Bitcoin is a sign of a larger trend towards digital currencies. He believes that this trend is only going to continue as more people become aware of the benefits of cryptocurrency and start investing in it. He also believes that this trend will lead to an increase in the number of businesses that accept digital currencies, as well as an increase in the number of people who use them.