Crypto Investor Arthur Hayes Doubts Trump Will Get Around to Doing a Bitcoin Reserve
Arthur Hayes, the chief investment officer of cryptocurrency venture capital firm Maelstrom, says he doubts Donald Trump’s government will get around to creating a strategic Bitcoin reserve, a policy many crypto enthusiasts are pinning their hopes on.
“I don’t think Trump will get around to doing a bitcoin reserve,” Hayes, the co-founder and former CEO of BitMex, said in an interview. “At the end of the day, I don’t know how borrowing money to buy bitcoin helps on any of Trump’s platforms.”
Trump certainly sees the benefit crypto can bring him, having launched a couple of lucrative meme coins (crypto tokens with no utility other than to be volatile speculative instruments) prior to his inauguration. For hardline Bitcoin…
