AI Crash Would Be Bullish for Bitcoin, Arthur Hayes Says
- —Hayes called AI data center investment a multitrillion-dollar case of capital misallocation
- —An AI bust would spark a credit crisis and a liquidity response from central banks
- —Initial deleveraging would hit risk assets, but the monetary response would be bullish afterward
- —The scenario could play out in 2027–2028 when companies must justify compute costs
Why it matters: Hayes ties a future central bank liquidity wave to Bitcoin upside, offering a long-term thesis for holders.
Source: U.Today