
X's favorite crypto provocateur, Arthur Hayes, believes a fresh wave of global money printing is about to launch Bitcoin past $200,000 — and, frankly, he might not be far off.
The ex-BitMEX CEO argues that the European Central Bank will soon have no choice but to fire up the presses to rescue France's deteriorating finances, triggering a new round of fiat debasement that pushes crypto higher rather than stabilizing Europe.