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🔥 BULLISH: Arthur Hayes — “QE in Disguise” and Bitcoin’s Path to $200,000
Arthur Hayes, co-founder of BitMEX, has put forward an extremely bullish thesis: the Federal Reserve’s new Reserve Management Purchases (RMPs) are effectively quantitative easing under a different name.
According to Hayes, even if the Fed avoids officially labeling it as QE, injecting liquidity to “manage reserves” produces the same outcome:
👉 expanding the money supply,
👉 eroding the value of fiat currencies,
👉 and pushing capital toward scarce assets.
QE in Disguise and Its Long-Term Impact
Hayes warns that mechanisms like RMPs enable near-unchecked money creation, while attracting far less public and political scrutiny. Historically, every easing cycle has reduced the purchasing power of the U.S. dollar — and Bitcoin has consistently been the ultimate beneficiary.
Why Bitcoin?
Bitcoin has:
No central bank
No bailouts
No ability to be printed
With a fixed supply of 21 million BTC, Bitcoin becomes an honest yardstick for fiat debasement. When global liquidity taps are opened, Bitcoin doesn’t “go up” — fiat goes down relative to BTC.
$200,000 by 2026?
Arthur Hayes argues that if the Fed continues to rely on QE-like tools to stabilize the financial system, Bitcoin reaching $200,000 by 2026 is not a fantasy, but a logical consequence of current monetary policy.
📌 Conclusion:
The Fed can rename QE as many times as it wants, but the math doesn’t change. When money can be created without limit, scarce assets respond — and Bitcoin is always the first to tell the truth.
🚀 Tick tock, next block.





