Chief Investment Officer of cryptocurrency venture capital firm Maelstrom and co-founder of the exchange BitMEX Arthur Hayes believes that Bitcoin - the reserve may not be created in the USA.
He noted that using money to buy Bitcoin will not help the Donald Trump administration solve any social problems.
Hayes also pointed to the limited time frame before the midterm elections, which could limit the ability to make significant policy changes, as well as the fact that there are many other things that need to be spent on time and money.
In his opinion, there are many different solutions that currently need financial resources, and there are different groups of influence in the American political elite that can prevent the creation of a reserve in the first cryptocurrency.
In addition, Arthur Hayes commented on investing in crypto projects, stating that it is speculation. and almost all new projects are speculative in nature, so it is hardly worth counting on them.
In addition, the analyst believes that the new administration needs to focus on solving regulatory issues, which will help attract new investments to the American crypto industry.
