If the Fed starts printing money, this will lead to higher prices for cryptocurrencies 🐹
Arthur Hayes believes that large sales of US government bonds by Japan could force the Fed to begin actively printing money, which in turn will lead to an increase in risky assets, including cryptocurrencies.
Japan is the largest holder of US government bonds over the past 2 years.
Imagine, people blame FED, blame gov, talk a lot about inflation, how fiat money useless, and $BTC should save all of us!
BUT they always just pray and wish fed start print more money, because without it, this magic internet coin can't move. The crypto industry is the height of hypocrisy