In this episode of the Bankless podcast, Arthur Hayes shares his insights on positioning a crypto portfolio for 2025. He downplays the influence of the upcoming US election on the crypto market, instead highlighting the global trend of money printing as governments tackle economic issues, such as China's significant property bubble. Hayes believes this surge in liquidity will be beneficial for Bitcoin and, to a lesser extent, Ethereum, although his reasons differ from those of the hosts. He stresses the need to grasp liquidity cycles and the effects of fiat debasement, warning against the temptation to precisely predict market cycles. Additionally, he discusses the current geopolitical tensions and their inflationary effects, offering a long-term optimistic view for both Bitcoin and gold, while advising caution against using leverage in unpredictable markets.
