E43: Arthur Hayes: Everyone will get RICH before getting poor
Arthur Hayes is the Co-Founder and previous CEO of Bitmex, and the current CIO at Maelstrom Fund. He is not only one of the most influential and wealthy personalities in crypto but also a super cool dude who writes epic macroeconomic pieces. In this episode we talk about Arthur's love for coffee, why he moved to Asia after university, how he was arbitraging Bitcoin daily in 2013 with just a bag of cash and a bus ticket, the fascinating Bitmex story - from boot-strapping the business in the 2014/15 bear market to owning the crypto derivative markets later on, what happened during the infamous March 12th 2020 crash at Bitmex HQ, and last but not least - the "stealth" banking crisis and why the entire financial system is currently insolvent. [00:00:00] Meet Arthur Hayes [00:03:00] Seeking Riches in Asia [00:05:00] Bootstrapping in a Bitcoin Winter [00:07:00] Pioneering High-Stakes Crypto [00:10:00] Persisting Through Early Struggles [00:15:00] The Perpetual Swap Breakthrough [00:19:00] Steady at the Storm's Eye [00:22:00] Explosive Monetary Moves Ahead [00:25:00] Societal Unraveling Prophesied [00:28:00] Surviving the Unknown Future [00:31:00] Inside the Banking Timebomb Sponsor: We are proud to partner with Coinsilium, a focused Web3 investor and venture builder supporting innovative startups building a decentralized future. Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. Coinsilium also provides strategic advisory services to projects looking to issue tokens. With deep expertise across crypto, DeFi, and Web3, Coinsilium helps accelerate ambitious Web3 startups to the next level. Learn more at https://www.coinsilium.com Follow Arthur Twitter (X): https://twitter.com/CryptoHayes Follow When Shift Happens: Website: https://www.when-shift-happens.co/ Instagram: https://www.instagram.com/kevinffollonier/ Tiktok: https://www.tiktok.com/@kevinfollonier Linkedin: https://www.linkedin.com/in/kevinfollonier/ Twitter (X): https://twitter.com/yieldlabs