US President Donald Trump has added Bitcoin to the country's strategic reserve, but Arthur Hayes sees it as a political move to woo crypto voters before the 2026 elections.
Trump and the Bitcoin Strategy
Donald Trump has added Bitcoin to the US strategic reserve, but Arthur Hayes, a well-known figure in the crypto world, is skeptical about the move. He believes it's a step to attract crypto voters and minimize inflation before the 2026 elections. Hayes emphasized that this move might be symbolic, as Trump is not interested in full-scale crypto adoption if it accelerates inflation.
Bitcoin as the New Trade Weapon?
With rising trade tensions between the US and China, Bitcoin could become a strategic tool to bypass financial sanctions. Hayes forecasts that in future geopolitical conflicts, countries will use Bitcoin for financial autonomy.
Are Meme Coins a Threat to Central Banks?
Meme coins, like Dogecoin, have the potential to significantly impact traditional financial systems, according to Hayes. He noted that during the upcoming 2026 elections, these coins may become a political battle tool, allowing young politicians to finance their campaigns.
While adding Bitcoin to the US reserve makes it more visible in the financial system, Arthur Hayes sees this as more political PR than of economic significance.