Arthur Hayes Predicts $1M Bitcoin by 2028
Arthur Hayes says Bitcoin could reach $1 million by 2028 as U.S. Treasuries lose value against gold and BTC.
- Arthur Hayes expects Bitcoin to hit $1M by 2028
- Predicts collapse of U.S. Treasuries against gold and Bitcoin
- Calls Bitcoin a safe haven amid global financial shifts
Arthur Hayes, co-founder of BitMEX and a respected voice in the crypto world, has made a bold prediction in his latest essay: Bitcoin could skyrocket to $1 million by 2028. His argument rests on a growing distrust in traditional financial assets—especially U.S. Treasuries—and a rising shift toward hard assets like gold and Bitcoin.
Hayes believes that the world is entering a phase where faith in fiat currencies and government bonds is rapidly eroding. As central banks continue to print money and debt levels rise, the value of long-term bonds like U.S. Treasuries is falling. In contrast, assets that are scarce and decentralized, such as Bitcoin, are gaining favor as stores of value.
U.S. Treasuries Losing Global Trust
According to Hayes, the financial system is showing signs of deep cracks. U.S. Treasuries, once considered the safest investment globally, are losing their shine. Investors are waking up to the reality that these instruments may no longer offer protection against inflation and systemic risk.
In this context, Bitcoin becomes not just a speculative asset but a necessity. Its decentralized nature, limited supply, and resistance to censorship make it a strong alternative to traditional financial instruments. Hayes argues that this shift will accelerate, especially as geopolitical and economic tensions increase.
Why $1 Million Isn’t Far-Fetched
Hayes’ $1 million prediction may seem extreme to some, but it’s not without basis. As more institutional investors and governments look for alternatives to fiat-based reserves, Bitcoin’s demand could skyrocket. Combine that with its capped supply of 21 million coins, and the math starts to favor a dramatic price increase.
He compares this moment in history to a once-in-a-century shift in global finance. Much like gold replaced other forms of currency in past crises, Bitcoin could now take that role in the digital age.
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