Crypto entrepreneur Arthur Hayes has presented a thesis linking artificial intelligence, economic crisis, and Bitcoin’s price potential. Hayes argues that widespread AI-driven job losses could trigger a U.S. credit crisis, forcing central banks to inject massive liquidity. He posits that this expansion of fiat money supply would then propel Bitcoin to a new all-time high.
Crypto entrepreneur Arthur Hayes believes the diverging paths of Bitcoin and the Nasdaq 100 Index signal a deliberate economic plan. He described Bitcoin as “the global fiat liquidity fire alarm” for detecting changes in U.S. dollar credit availability.
Hayes identifies artificial intelligence as the catalyst, citing its role in 55,000 job eliminations in 2025 alone. He projects that AI-based losses among professional workers could destabilize the U.S. consumer credit system.
His framework suggests a 20 percent reduction in knowledge workers could cause $557 billion in consumer credit and mortgage losses. This scenario would erode bank equity and likely cause regional bank failures, leading to frozen credit markets.
Hayes anticipates the Federal Reserve would respond by printing excessive liquidity to stabilize the financial system. This new cycle of balance sheet growth and credit creation is expected to directly benefit Bitcoin’s valuation.
He has previously set a $200,000 Bitcoin target linked to similar liquidity measures. Hayes’s firm, Maelstrom, also plans to invest in Zcash and Hyperliquid following a potential Fed emergency declaration.
