Arthur Hayes Predicts Major Shift in TradFi with ‘Debasement Trade’

Arthur Hayes, co-founder of BitMEX and a prominent crypto analyst, argues that traditional finance (TradFi) is entering a new era he calls the “debasement trade.” He believes major banks are preparing to aggressively push gold, cryptocurrency, and tech investments to clients. This shift marks a significant departure from two decades of avoiding these assets.