Bitcoin Billionaire Arthur Hayes Reveals His Two Favorite Altcoins and Shares the Only Condition for a BTC Rally

Arthur Hayes, CIO of Maelstrom and co-founder of BitMEX, shared his views on the current macroeconomic outlook, Bitcoin’s price movements, and his newest favorite assets in his portfolio in an exclusive interview with Anthony Pompliano.

Hayes made striking statements on a wide range of topics, from the deflationary pressures created by artificial intelligence (AI) to the effects of geopolitical risks in the Middle East.

Hayes describes Bitcoin’s recent performance as a “global liquidity alarm.” According to the renowned investor, the price of Bitcoin is being suppressed because not enough fresh money is being printed in the markets.

Hayes stated that Bitcoin is the most creditworthy asset and that he does not expect a major rally in Bitcoin until central banks embark on a massive money printing campaign.

Hayes points out that while artificial intelligence increases productivity, it also leads to a significant loss of workforce. He argues that AI agents are replacing mid-level engineers, and this could make debt servicing (loan repayments) impossible in the US economy, which is based on consumer spending. According to Hayes, this process could lead to the collapse of the banking system and force the Fed to print money again to rescue the system.

Arthur Hayes stated that more than 90% of his net worth is in Bitcoin, but if he had cash right now, he would consider other opportunities instead of buying more Bitcoin. The main assets on Hayes’ radar are:

• Zcash (ZEC): Unlike Bitcoin, it offers complete privacy, so there’s a very optimistic view of Zcash. They believe that as the need for privacy on the internet increases, Zcash will appreciate in value.
• Hyperliquid (HYPE): Hayes argues that Hyperliquid, which operates with a decentralized exchange (DEX) model, poses an “existential risk” to giants like Binance and Coinbase. He specifically mentioned that innovations like 24/7 oil trading are game-changers.

Hayes, who distanced himself from Donald Trump’s pro-crypto promises, argued that cryptocurrencies don’t need institutional money or legal regulations. Recalling that Bitcoin didn’t need these regulations in 2009 or 2018, Hayes stated, “If Bitcoin doesn’t have a retail (individual user) aspect, Bitcoin is worthless. There’s no need to dilute its value for the sake of institutionalization.”

*This is not investment advice.