Market News / Story
Arthur Hayes Expects the AI Boom to Overbuild, Crash, and Hand Bitcoin the Bailout
Beincrypto ·
Beincrypto reports: Arthur Hayes has raised a warning about the artificial intelligence data center buildout. He expects the multi-trillion-dollar boom to end in a crash and a bailout. But why does that matter for crypto? According to the former BitMEX CEO, Bitcoin and other crypto would soak up the excess liquidity that follows. Who Pays for the AI Boom When the Data Centers Open? Estimates for the US buildout’s cost range from $2.8 trillion by 2030 to $10.3 trillion by 2032, Forbes…