🚀 BitMEX co-founder Arthur Hayes predicts a bullish future for Bitcoin, thanks to U.S. government spending and money printing. 📈

- Bitcoin's been a bit flat recently, but Hayes is confident it'll "regain its mojo" soon.

- He breaks economic history into local inflationary periods and global deflationary ones.

- Since 2008, the U.S. has been in a global deflationary period, thanks to quantitative easing.

- Hayes suggests holding gold during local inflationary periods, but Bitcoin's got the edge now.

- Bitcoin's limited supply and speed make it a superior asset, stealing some of gold's thunder since 2009.

Hayes also points out that despite the Fed's anti-inflationary measures, credit in the economy is still expanding, boosting Bitcoin's value.

- Commercial banks are creating credit linked to fiscal deficits.

- The Congressional Budget Office projects a record budget deficit of $1.915 trillion in 2024.

- The Atlanta Fed predicts a 2.7% U.S. GDP growth in Q3 2024, easing recession fears.

Hayes' advice? With loose fiscal and monetary conditions, hodling crypto is the best way to preserve wealth. 💰

What do you think? Is Bitcoin set for a big comeback? Share your thoughts below! #Bitcoin #CryptoNews