The cause of confidence
The strict editorial policy that focuses on accuracy, importance and impartiality
It was created by industry experts and carefully review
The highest standards in reports and publishing
The strict editorial policy that focuses on accuracy, importance and impartiality
Football price for lion and players soft. All Arcu Lorem, Intrimies, any children or, ulamcorper, hate football.
Arthur Hayes has published a new article entitled “Quid Pro Stablecoin”, on the pretext that the sudden political enthusiasm of the United States of Stablecoins issued by the bank does not revolve around “financial freedom” and more about arming the treasury with “liquidity”. The former bitmex president – who writes in his personal news message – has that investors who postpone the purchase of Bitcoin until the Federal Reserve resumes that quantitative mitigation will be the “exit liquidity” of those who have previously bought.
How does the money printer already rise
At the heart of Hayes thesis It is the claim that eight banks “for winning” carry 6.8 trillion dollars in deposits and time that can be converted into dollars on the chain. Once customers are transferred from old accounts to Bank Stablecoins – the upcoming JPMD code “JPMD” is cited as a template – the deposits of those guarantees that can be recycled in the treasury bills. “Stablecoins adoption By TBTF Banks creates up to 6.8 trillion dollars of T-Bill purchase power, “he writes, adding that the product simultaneously cuts that” the AI factor that was trained on a group of relevant compliance regulations can fully ensure that some transactions have never been approved. “
Related reading
Hyees second automatic layers above stablecoin flow. If Congress abstract the federal reserve for its ability to pay interest on the reserve balances-a proposal by Senator Ted Cruise-the vaccine will have to replace the lost income by purchasing a short cabinet. The policy “can” liberalize $ 3.3 trillion of wrong reserves “, which reaches the potential power to buy government debt to $ 10.1 trillion. Liquidity injections of $ 10.1 trillion will work on risky assets in the same way that Gorl Yellen’s injection of $ 2.5 trillion … pumping jam!” Hayes confirms.
An article that raises genius from the two parties as a legislative Linchpin. By preventing the absence of a bank from the arrival of Stablecoins for the arrival, Washington takes over the Stablecoin market for banks, which ensures that the Fintech exporters such as Circle are not widely able Large banks have more than 180 percent, a trade that it describes as “other than Conces” but it is “in size”.
Buying bitcoin before the Federal Reserve
Despite his long -term enthusiasm, Hayes warns that the discharge of temporary liquidity waves on the horizon as soon as Congress passes what Trump calls. “Beautiful beautiful bill“Reconsising the general treasury account for its $ 850 billion goal can get liquidity in dollars by nearly half a trillion dollars, a motive that he believes may return to Bitcoin in the middle of 90,000 dollars and maintain the prices resulting to the Jackson annual hole conference of the Federal Reserve in late August.
Related reading
“I think it is now and until now the August Jackson Feed nutrition letter that is delivered by Beta Cuck, Bitch Pitch Boy Jerome Powell, the market will trade sideways to a little less. If TGA’s re -filling proves is negative for negative liquidity, the downside is 90,000 dollars to $ 95,000. All the time,” Heiz writes.
Punchline, however, is the climb firmly. Hayes Ridicules Advisers direct customers to bonds on the hypothesis that the return will fall: “If you are still waiting for Powell to whisper” QE Infinity “in your ear before you risk, congratulations-you are exit liquidity.
In his opinion, the political mechanism that supports the American deficit has already chosen the banking stablecoins as the next round of ghost mitigating, and bitcoin-although JPMorgan-in its position to absorb the spill.
Hayes signs with a blatant necessity: “Do not sit on the margin Waiting for Powell To bless the bull market. ”He claims that the liquidity horse has already withdrawn from investors
At the time of the press, Bitcoin was traded at $ 109,449.
Distinctive image from YouTube, Chart from TradingView.com
