Arthur Hayes

speaker
1,864 appearances 4 recordings 3 series first heard Jan 2026 last heard 22 Jun

Arthur Hayes’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Jan 2026 with 2.

Appearances

newest first · ▶ plays the moment
Right?
So like you could find some second or third derivative down from some component that's necessary for data center buildup, put your entire net worth into that, and you could be 20x in six months.
Why would you buy Bitcoin?
I think that's how you have to think about this.
It's always an opportunity cost.
Again, it's all the same trade.
Everyone knows that this unit of fiat will be worth less in the future.
What can I buy now that's going to outperform that?
And I want the fastest horse.
AI is the fastest horse.
And it's proven itself to be the fastest horse.
And therefore, an investor with this marginal unit of fiat is going to continue to choose AI, especially if SpaceX 180, Anthropic does well, OpenAI does well.
the oil price goes up and, you know, the rally and the party continues, it's only going to make it harder for some of these cryptos to do extremely well.
They could still do okay.
But then you're like, oh, I made 50% on my crypto, but like this other tech stock was up 20x.
I messed up.
So there was a paper written by Robert Schiller about a perpetual thing, right?
That's from like 1993, right?
That's like the early one.
Something like that, right?
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