Bitcoin bros at ‘the club’ may stop US gov’t from buying BTC — Arthur Hayes — TradingView News

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BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype behind “Bitcoin bros.”

“I’m not really into the whole Strategic Reserve situation,” Hayes said in a May 1 interview.

Hayes doubts print money plans for Bitcoin

“The United States is a deficit country; the only way they can do a Strategic Reserve is not sell the Bitcoin they took from people, fine, that’s 200,000 Bitcoin,” he said.

However, Hayes said it’s hard to imagine any “properly elected” politician openly announcing that the government plans to print money to buy Bitcoin BTCUSD.

“Especially when the popular narrative is a bunch of Bitcoin bros going to the club.”

“Is that really what you want people to think about your policy?” he asked.

On March 6, US President Donald Trump signed an executive order to create a…

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