BitMEX founder Arthur Hayes predicts end of dollar domination and Bitcoin to $1 million - BitcoinEthereumNews.com
पूर्व BitMex सीईओ आर्थर हेस in a long op-ed published on his मध्यम page titled “Energy Cancelled,” explained how the war in Ukraine and resulting प्रतिबंधों could be the end of the Eurodollar / Petrodollar monetary system. Russia sanctions could spell end of dollar domination According to Hayes, the sanction of the worlds largest energy producer, in the long run, will affect the issuers of these sanctions, the U.S. and European Union. At the same time, he believes that with these countries now weaponizing the financial system against Russia, it has become clear that the current financial system isnt neutral. For Russia and other countries observing the state of things, this is enough for them to lose trust in the global digital monetary network thereby giving rise to a monetary order dominated by gold and Bitcoin. In his view, this situation is a perfect catalyst for sovereign nations and individuals to shift focus to hard assets rather than depend on the global financial system. Notably, some analysts have previously predicted that the spate of sanctions being imposed on Russia would have a lasting effect on the global economy. The BitMex co-founder went on to predict that we could see the value of gold rise to as high