Markets· ★★★· bullish·

Arthur Hayes Sees Mega Crypto Bull Run Beyond AI Encryption Fears

  • —Hayes compared today's AI anxiety to the 2017 block-size wars, the pandemic and the FTX collapse
  • —He projects multitrillion-dollar support if AI infrastructure stress hits around 2027–2028
  • —His thesis rests on expanded U.S. Treasury bond buybacks boosting dollar liquidity
  • —Coinbase cryptographer Yehuda Lindell sees no evidence of a break in established cryptographic assumptions
Why it matters: Hayes' call reinforces the liquidity-driven bull narrative, though technical experts dispute the AI threat to encryption.
Source: Bitcoin.com