Arthur Hayes Slams ECB, Predicts Money Printing Will Push Bitcoin Higher
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Crypto billionaire Arthur Hayes has issued one of his strongest warnings yet about Europe’s monetary leadership, saying the European Central Bank (ECB) is on the brink of a crisis that will drive investors toward Bitcoin.
In a fiery blog post titled “Bastille Day”, the former BitMEX chief accused ECB President Christine Lagarde of presiding over a “fragile system” and predicted that “the ECB will valiantly print money to forestall the loss of its raison d’être.”
Hayes argues that France’s surging debt will leave policymakers with no choice but to flood the market with liquidity or impose capital controls. “Either way, trillions in euros get printed,” he warned.