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Arthur Hayes says AI boom overbuilding could spark a crypto rally
Hayes, the former BitMEX CEO, argues an eventual crash and bailout following an AI infrastructure overbuild would be bullish for crypto.
CNBC World quotes former BitMEX CEO Arthur Hayes saying the AI infrastructure boom is being overbuilt, in his view.
Hayes said he expects what comes next to include a crash and a bailout, and he is positioning for that outcome to ultimately send crypto higher.
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