Former BitMEX CEO Arthur Hayes speculates that Bitcoin may undergo an exponential rise after the Trump administration potentially prints $15.32T in money by 2028 to pay back its debt.
Hayes calculated that $BTC could rise to $3.4M because of this.
Bullish news on Bitcoin is naturally beneficial to related projects that aim to upgrade its ecosystem, such as Bitcoin Hyper ($HYPER).
Once the project’s Layer 2 network launches, it promises to speed up transactions and lower costs. Read more about the project in our ‘What Is Bitcoin Hyper’ guide.
Trump Admin’s Attempt to Devalue Dollar to Benefit Bitcoin
In a Substack post, Hayes outlined the US government’s attempt at revitalizing its status quo by reshuffling the country’s economy.
One way to achieve this is to print $15.32T in the next three years to pay back old debts. This will lead to the country’s debt ballooning, which could then weaken the USD and cause countries holding US treasuries to shift to other investments like gold and crypto.
A devalued US dollar could benefit Bitcoin because it’s a natural hedge against inflation, and a good alternative to devaluing fiat for an increasing number of investors.
Although Hayes calculated that Bitcoin could theoretically go up to $3.4M by 2028, he’s doubtful about it, but ‘the number will be markedly higher than the ~$115,000 that it trades at today.’
Hayes’ statement further solidifies the narrative that Bitcoin is the wave of the future. That said, its current iteration is beset with issues.
Issues that Bitcoin Hyper ($HYPER) claims to solve in one fell swoop. Or one fell Layer-2 chain!
Bitcoin Hyper: The Next Phase of Bitcoin’s Evolution
As great as Bitcoin is, its blockchain is notoriously slow, able to process only seven transactions per second compared to Solana’s 65K. This makes transactions very expensive.
It also have very limited utility. Currently, $BTC only works as a store of value and not much else.
Bitcoin Hyper ($HYPER) is about to change these with its Bitcoin Layer 2.
Once launched, the L2 that runs on a Solana Virtual Machine will deliver Solana-level speeds and low transaction costs. Plus, it’ll allow you to unlock Bitcoin’s potential, including meme coins, dApps, and DeFi—things not currently possible on the base blockchain.
To make this a reality, the project team is running a presale of its native $HYPER token. Priced at $0.012965 each, it’s your key the entire $HYPER ecosystem after it launches. That includes paying for gas fees, enjoying governance rights, and accessing exclusive features.
For now, you can get tokens at the official Bitcoin Hyper presale page. To get started, simply connect your crypto wallet (e.g., Best Wallet app) to the presale widget, enter how many tokens you want to buy, and pay with your credit/debit card or crypto.
Alternatively, you can stake your tokens for 65% p.a., although this can still change as more investors stake their tokens.
Of course, you can HODL $HYPER too if you’re a long-term investor. It seems to be a great call, as the token’s value has the potential to reach as much as $0.32 by the end of the year based on our Bitcoin Hyper price prediction.
To date, the presale has already raised a whopping $17.9M, making it one of this year’s best crypto presales. Just yesterday, whales have bought $99.7K worth of $HYPER ($87K and $12.7K) as the presale continues to heat up.
Time is running out to get your share of $HYPER tokens. Join the Bitcoin Hyper presale today.
Disclaimer: Do your own research. This is not investment advice.
Authored by Bogdan Batru, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-boosts-as-us-to-print-15t-dollars
