

The Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks - Ep. 466
25 snips Mar 11, 2023
In this discussion, Arthur Hayes, cofounder of BitMEX and known for his bold views on the crypto landscape, shares his thoughts on the collapse of major players like FTX and Silvergate. He emphasizes the need for crypto to move away from traditional banking, highlighting the risks of stablecoins and the impact of rising interest rates. Arthur also unveils his new investment venture, Maelstrom, focused on innovative projects, while playfully revealing his quirky affinity for stuffed animals. His unapologetic take on the crypto scene is both entertaining and eye-opening.
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Black Ghost Origin
- Arthur Hayes explains the origin of his nickname "Black Ghost".
- It's a Cantonese term for foreigners, reflecting his time in Hong Kong.
Stuffed Animal Collection
- Arthur Hayes details his love for collecting stuffed animals, particularly Jellycat and Bigstuff brands.
- He travels with a suitcase full of them and has dedicated rooms in his homes for his collection.
SBF's Rise
- Sam Bankman-Fried (SBF) gained success by appealing to the establishment's desire for a crypto champion who resembled them.
- Both the establishment and the crypto community sought someone who could bridge the gap between their worlds.