Arthur Hayes urges devaluation of gold and Bitcoin reserve creation

Arthur Hayes’ proposal for Bitcoin reserve: Arthur Hayes suggests that the U.S. Treasury should significantly devalue gold from 42.22 USD/oz to a range of 10,000 to 20,000 USD/oz. This move would facilitate quicker dollar credit generation and enable investments in Bitcoin, enhancing its global value.

Urgency for action before mid-term elections: Hayes advises the Trump administration to act swiftly on this proposal to leverage economic gains ahead of the 2025 mid-term elections. He believes that a substantial Bitcoin reserve would attract global interest and stabilize the U.S. Economy.

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