Arthur Hayes, co-founder of BitMEX, is once again stirring the crypto world with a jaw-dropping prediction. According to him, the combination of U.S. Federal Reserve policies and large-scale money printing could create a financial storm like never before, and Bitcoin could emerge as the ultimate winner, potentially soaring to a mind-blowing $3.4 million by 2028.
The Trigger: Yield Curve Control
The prediction comes as Hayes looks ahead to Donald Trump’s potential economic playbook. One idea being floated is “yield curve control,” a policy that would allow the Federal Reserve to print massive amounts of money to keep borrowing costs low. According to Hayes, if this plan is rolled out, the Fed could create over $15 trillion in new credit within the next four years.
That kind of liquidity, he argues, wouldn’t just affect bonds and stocks, it would push alternative assets like Bitcoin into a whole new league.
Why Bitcoin Stands Out?
Hayes isn’t saying this target is set in stone. Instead, he calls it “directional,” pointing out that Bitcoin has a unique strength in a world where fiat money is being diluted. Unlike dollars that can be printed endlessly, Bitcoin’s supply is fixed at 21 million.
That scarcity, paired with unlimited monetary expansion, creates the perfect storm for massive price appreciation. However, history has shown that extreme money printing often leads to extreme asset rallies, and Hayes believes Bitcoin is the best candidate to capture that energy.
Bitcoin Could Hit $3.4 Million
In such a scenario, Hayes believes Bitcoin could soar to $3.4 million per coin. While this number might sound shocking compared to Bitcoin’s current price near $113,000.
He sees Bitcoin not just as a speculative bet, but as the strongest shield against policies that erode the value of traditional money.