Golden Finance reports that BitMEX co-founder Arthur Hayes has published a new article titled 'Black or White?' in which he states that the incoming Trump administration may adopt an economic development model similar to that of China, which he refers to as 'American capitalism with Chinese characteristics.' Hayes anticipates that the new government will promote the return of manufacturing to the U.S. through large-scale fiscal stimulus and industrial policies, which will include tax incentives and subsidies for key industries, as well as providing cheap financing through the banking system. He expects this will lead to a rapid expansion of bank credit, potentially exceeding the $4 trillion stimulus size during the pandemic. In this context, Hayes believes that Bitcoin will become the best choice to combat the devaluation of fiat currency, with the potential to reach $1 million.