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Arthur Hayes Says, “Get your Bitcoin, and Get Out!”
Bankless
Cryptocurrency - What Is It?
In 2009, right after the global financial crisis, we remember that this went bankrupt. That December, Ben Bernanke had basically announced he is going to embark on this thing called quantitative easing. And starting in March 2009 is when the Fed made its first purchase and that pretty much marks the bottom of the S&P about 666. The Federal Reserve bought almost half the debt underpinned this massive amount of money printing most since World War II for the U.S. Bitcoin genesis block was, you know, in January of 2009. Some could say that it was in part a direct response to...the biggest financial crisis since the 1930s, and the response of the authorities,. which different from then
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