Arthur Hayes Explains How US-Iran Conflict Could Boost Bitcoin

In a March 1 essay, BitMEX co-founder Arthur Hayes argued that the U.S. military escalation in Iran fits a four-decade pattern of American intervention in the Middle East that ultimately leads to Federal Reserve easing. According to Hayes, the longer the U.S. engages in this conflict, the higher the likelihood the Fed cuts rates or prints money to finance the war effort, a move he believes will drive the price of Bit…