Bitcoin is a Better Investment Than Gold Right Now – Arthur Hayes

Recently, the price of Bitcoin has seen a significant drop, causing concern among investors and market analysts.

Despite this recent decline, Arthur Hayes, co-founder and former CEO of BitMEX, offered an outlook that may reassure enthusiasts of Bitcoin. Hayes discussed historical economic cycles and their impact on Bitcoin as a safe-haven asset.

He classifies historical economic cycles into local inflation cycles and broader global ones. The BitMEX co-founder characterized the current economic environment as a local cycle marked by major geopolitical and monetary policy changes.

Within this cycle, Hayes pointed to the transition from a US-dominated unipolar world to a multipolar one with rising powers such as China, Brazil and Russia. He emphasized that governments are increasingly using financial repression and large-scale money printing to finance deficits, which has a negative impact on asset valuations and wealth preservation.

During such periods, Hayes argues that Bitcoin outperforms traditional assets. Unlike gold, which relies on nature to maintain its ledger and has a slow physical transfer, Bitcoin’s ledger is maintained through a blockchain, allowing for fast transactions. In his view, this makes Bitcoin a more attractive safe-haven asset than gold in local cycle conditions.

Finally he added:

Bitcoin is better while gold is worse. This is why Bitcoin has stolen some of gold’s thunder from 2009 to now.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.