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Bitcoin bros at 'the club' may stop US gov’t from buying BTC — Arthur Hayes

cryptoweekly by cryptoweekly
May 3, 2025
in bitcoin, News
0

Arthur Hayes doubts the US government would print money to buy Bitcoin while the “popular narrative” paints Bitcoin bros partying in nightclubs.

BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype behind “Bitcoin bros.”

“I’m not really into the whole Strategic Reserve situation,” Hayes said in a May 1 interview.

“The United States is a deficit country; the only way they can do a Strategic Reserve is not sell the Bitcoin they took from people, fine, that’s 200,000 Bitcoin,” he said.

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  • Metaplanet eyes digital bank acquisition in phase 2 of Bitcoin strategy
  • BlackRock iShares Bitcoin ETF surpasses 700K Bitcoin
  • Bots behind most tokens on Pump.fun and LetsBonk: Coinbase exec
  • Bitcoin miner BitFuFu mines 445 BTC for its biggest production month
  • SEC acknowledges Trump’s Truth Social Bitcoin and Ethereum ETF
  • Vitalik Buterin advocates ‘copyleft’ licensing in crypto
  • Coinbase crypto lobby urges Congress to back major crypto bill

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