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US Treasury Won’t Stack More Bitcoin—Debt Crisis Forces Cold Feet, Says Arthur Hayes
US Treasury Won’t Stack More Bitcoin—Debt Crisis Forces Cold Feet, Says Arthur Hayes
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Bitcoin maximalists, brace for impact. Arthur Hayes—ex-BitMEX CEO and crypto’s resident doomsayer—just dropped a truth bomb: The US government won’t be adding to its Bitcoin stash anytime soon. Why? A little thing called $35 trillion in national debt.
Hayes, never one to mince words, called it a ’liquidity trap.’ Translation: Uncle Sam’s wallet is emptier than a DeFi rug-pull victim’s. And with Treasury yields doing their best impression of a volatile altcoin, buying BTC isn’t exactly priority #1.
Funny how the same institution that prints money like a meme coin ICO suddenly gets frugal with hard assets. Maybe they’re waiting for a dip—or just praying Elon tweets something stupid again.
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