Arthur Hayes: In the early stages of a super bull market, you need to cross the wall of worry. The "money printing boom" will eventually drive asset prices soaring

Arthur Hayes, co-founder of BitMEX, pointed out in an article on October 9 that whenever a super bull market opens, the market needs to break through the high wall of multiple worries. Historical cases show that in 2017, the corresponding block size was disputed, in 2020, it was hit by the epidemic, in 2023, it faced the dual pressure of the FTX crash and the central bank's interest rate hike, and in 2026, it may encounter panic (FUD) caused by AI encryption technology. He emphasized that a wave of money printing is inevitable and asset prices are bound to usher in a new round of surge.