Arthur Hayes: “Central bank digital currencies are the embodiment of evil”
Former CEO of cryptocurrency derivatives exchange BitMEX, Arthur Hayes, called government stablecoins “a real evil” because with their help the government will be able to control the population. In his publication, Arthur Hayes argues that with the introduction of state-owned cryptocurrencies (CBDC), the main actors in this “tragedy” will be the government and the political elite, who will control people as puppets, as well as commercial banks. If the digital currencies of the Central Bank…
