When Shift Happens Podcast

E142: Arthur Hayes: Buy Bitcoin Before 2028 (if you want to get rich)

102 snips
Oct 9, 2025
Arthur Hayes, former CEO of BitMEX and crypto entrepreneur, shares his bold prediction that Bitcoin could soar to $1 million by 2028. He discusses why he prefers holding Bitcoin over other tokens and outlines a careful macroeconomic framework driving his investment strategies. Arthur highlights the importance of dollar stablecoins globally and explains his barbell approach to portfolio management. With insights on adaptability in crypto, he emphasizes that wealth comes from hard work and a focus on meaningful experiences.
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ADVICE

Use A Barbell: Crypto + TradFi Safety

  • Keep a trad-fi safety bucket with T-bills, gold and miners while running a crypto barbell.
  • Use low-cost basis and barbell sizing to manage risk across cycles.
INSIGHT

Revenue-And-Buyback Tokens Win Cycles

  • Successful crypto tokens increasingly tie value to real revenue and token buybacks.
  • Projects without users or without returning value to token holders tend to fail.
INSIGHT

Give Revenue Back To Token Holders

  • Hyperliquid succeeded by redistributing revenue to token holders and offering product-market fit.
  • Refusing to return value to token holders undermines long-term token value.
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