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Former Bitmex CEO: Bitcoin performed better than bonds during war times

Former Bitmex CEO: Bitcoin performed better than bonds during war times

CointimeCointime2023/11/12 00:30
By:Cointime

According to former Bitmex CEO Arthur Hayes, in response to US Treasury Secretary Janet Yellen's fiscal policy, it suggests that other central banks will adopt similar quantitative easing strategies. For investors, Hayes recommends avoiding long-term bonds and instead opting for more liquid short-term investments. For example, cryptocurrencies can surpass the growth of central bank balance sheets, and Bitcoin performs better than bonds during times of war.

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