Bitcoin Could Hit $1 Million by 2030 Amid Money Printing and Yield Curve Control

BitMEX co-founder Arthur Hayes predicts that Bitcoin could reach $1 million by 2030, citing massive money printing and potential U.S. yield curve control as key catalysts.

Hayes believes that the collapse of the AI bubble, escalating fiscal deficits, and central bank intervention are converging forces driving capital into Bitcoin.

He emphasized that what former President Donald Trump says or does is 'irrelevant' to Bitcoin prices, urging people to look at actions taken by monetary authorities instead.

Hayes also announced the closure of BitMEX on September 23, stating that it was done on its own terms and not due to hacking. He described running an exchange as a 'mug's game' unless you have the scale of Binance or OKX.