Arthur Hayes: In the liquidity crisis of fiat currency, BTC will take the lead in the stock market and act first during the decline and rebound
Foresight News news, Arthur Hayes tweeted that "BTC transactions are carried out 24 x 7 all the time, and anyone with the Internet in the world can trade. It cannot be printed and distributed indefinitely. The result of failure is bankruptcy or liquidation. No country's finances are directly linked to the rise in BTC prices. The stock trading hours are 8X5 and can only be traded by specific individuals. They cannot be issued indefinitely, but if you have political connections, you may receive assistance in case of failure. The marginal tax revenue in the United States is directly linked to the stock market. Therefore, the stock market will ultimately receive a bailout, it just depends on whether your investment portfolio can survive when the bailout occurs. BTC is a truly free market, while the stock market is not. Therefore, in the liquidity crisis of fiat currency, BTC will take the lead in the stock market to act first during the decline and rebound