Hayes Predicts 'Historic' Crypto Bull Run Fueled by AI and Massive Money Printing

Arthur Hayes predicts a historic crypto bull run driven by AI commercialization and massive money printing by the Federal Reserve.

Hayes outlined his "double happiness" theory at Token2049, citing the combination of unprecedented money printing and AI as hugely bullish for crypto.

Hayes expects a massive surge in debt issuance from the U.S., China, Europe and Japan, further boosting the case for crypto.

Hayes expressed astonishment at the amount of money set to be printed over the next 2-3 years as central banks try to save bond markets.

Hayes believes the flood of new fiat currency will make him extremely bullish on crypto and bearish on fiat.