Bitcoin could gain from AI bust, Arthur Hayes says
- —Apollo: AI ecosystem could support over $2 trillion in debt through 2030
- —AI accounted for nearly 40% of longer-duration IG bond supply in August
- —Nemeth estimates affiliated reinsurance credits at $1.54 trillion
- —Moody's: direct U.S. insurer exposure to data centers up to $20 billion
Why it matters: Hayes ties a future AI credit crisis to a liquidity wave that would benefit Bitcoin, though the Fed's current tightening delays that scenario.
Source: crypto.news