US Bitcoin Reserve Will Lead To ‘Pain In Under 2 Years,' Warns Arthur Hayes

In his latest essay entitled “The Genie,” crypto entrepreneur and former BitMEX CEO Arthur Hayes denounced calls for a United States Bitcoin Strategic Reserve (BSR), warning that such a program would create “unnecessary pain in under two years” and transform the world's largest cryptocurrency into a potent political weapon.

Feb 6, 2025 - 07:40
US Bitcoin Reserve Will Lead To ‘Pain In Under 2 Years,' Warns Arthur Hayes
StablecoinIn his latest essay entitled “The Genie,” crypto entrepreneur and former BitMEX CEO Arthur Hayes denounced calls for a United States Bitcoin Strategic Reserve (BSR), warning that such a program would create “unnecessary pain in under two years” and transform the world's largest cryptocurrency into a potent political weapon.

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