Arthur Hayes, one of the well-known names in the altcoin world, evaluated the decision of the Federal Reserve (Fed) and stated that it had a positive impact on the markets with his post on his Twitter account.
A Dirty Garbage
Hayes used the following statements along with a news image in his post:
“At this point, there is no excuse for being negative about crypto and altcoins. How many times will I tell you that the fiat money in your pocket is a dirty piece of garbage… Believe in God and he will set you free…”
In the news visual shared by Hayes, it is stated that Wall Street traders are preparing for the big money move in 2024 and even “started investing with all their assets.”
Importance of Bitcoin
While evaluating the cryptocurrency world and financial developments in his weekly blog posts, Arthur Hayes especially emphasizes the importance of Bitcoin. He argues that the largest cryptocurrency is more valuable than other assets.
Hayes states that while he has been trading altcoins recently, he has also followed many meme coins and other altcoins. This shows the diversity in the cryptocurrency market and its interest in different projects.
Store of Value
It is observed that Hayes has a positive attitude about what impact the decisions taken by the Fed will have on the altcoin market. While he particularly draws attention to the loss of value of fiat currencies, he emphasizes his belief in the freedom and value storage potential of cryptocurrencies.
These reviews provide a remarkable glimpse into the views of Arthur Hayes, an important figure within the cryptocurrency community.