In a candid latest analysis, Arthur Hayes – co-founder of the BitMEX exchange and one of the most influential voices in the crypto space – predicts that Bitcoin could reach 1 million USD before 2028, and the two main reasons come from... the policies of Donald Trump and global instability.
1. Eroding trust in US bonds: Bitcoin replacing 'safe assets'?
Hayes believes that global investors are losing faith in US government bonds, which were once considered the 'safe haven' of the financial world. Meanwhile, Donald Trump's return to the White House and pursuit of 'America First' policies will tighten capital controls in Western countries, forcing money to stay domestically.
The result? Investors will turn to Bitcoin as a decentralized refuge, unbound by national policies.
2. Capital flowing out of US bonds: Bitcoin is the heir
#Hayes analyzes that two factors will drive the price of Bitcoin up to 1 million USD:
The withdrawal of foreign investors from US government bonds
The gradual depreciation of this massive bond amount
He describes this as a golden moment:
"It’s time to seize the opportunity as the king of light (Trump) begins to pay attention to Bitcoin."
3. The 'lost' century with bonds – The reason investors are waking up
Chris Kuiper – Vice President of Research at Fidelity Digital Assets – adds a shocking perspective:
"If you held US Treasury bonds for the past 100 years, after adjusting for inflation and taxes, you earned nothing at all."
He calls this a 'lost century' for traditional investors.
4. When capital is 'trapped': Bitcoin is the escape route
Hayes warns that Western countries will implement capital controls to prevent money from flowing abroad, especially in the context of economic policies prioritizing national interests.
"No one can guarantee you the freedom to invest in the highest yielding and least risky assets in the fiat financial system," Hayes said.
However, he also points out the escape solution:
"As long as there is the internet, you can still sell fiat money for Bitcoin."
Connect with the crypto community and Binance users
If Arthur Hayes' scenario becomes reality, Bitcoin will not only be an investment asset but also a tool to protect personal assets against capital control policies, especially for international investors and users in countries with strict regulations.
For Binance users, this opens up opportunities to leverage DeFi products, store assets in a decentralized manner, and diversify investments, in the context of an increasingly unstable traditional market that is no longer a 'safe haven'.
Risk warning: The cryptocurrency market is highly volatile and carries many risks. Investing in crypto may not be suitable for everyone. Please do thorough research and only invest money you can afford to lose.