Arthur Hayes discusses Bitcoin's fundamental value drivers on Thematic Edge podcast
Summary
In this episode of Thematic Edge, hosts Marvin Barth and Mark Farrington interview Arthur Hayes (co-founder of BitMEX) about what gives Bitcoin its fundamental value. The discussion centers on how liquidity, monetary policy, and sovereign incentives shape crypto markets, with the participants exploring differing perspectives on evaluating Bitcoin's intrinsic worth. Hayes, a pioneering figure who created the perpetual swap contract, shares his macro-economic lens on cryptocurrency valuation.
Source
Key quotes
· 3 pulledwhat ultimately gives Bitcoin value?
liquidity, monetary policy and sovereign incentives shape markets
they discuss their differences in evaluating fundamental value
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