Arthur Hayes Claims Removal of US Retail Investors From Crypto Capital Market is Misplaced

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Arthur Hayes (CryptoHayes) has released a new blog post called 'Fungible'. What did the BitMEX co-founder point out? Read more here -

The ongoing regulatory enforcement actions are threatening to drive US crypto businesses offshore. The implications of such a shift for the country’s economy are significant, something that has translated into declining crypto prices, making investors even more jittery.

“The capital of the rich, on the other hand, is much more plentiful, and it’s fungible across the entire globe – all thanks to a host of intermediaries that cater to the American wealthy and will dutifully do whatever they are told as long as they receive a phat commission.” If the US government decides to distribute another round of “freshly printed money” – as they did with the COVID stimulus but in the form of interest – it will not go to the mass affluent, who have little to no savings. Hayes said the funds will instead flow straight to the top 10%, or just the top 1%, who hold the majority of wealth in America. This money will then be deployed into “various forms of hard assets and stores of value.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 568. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인