On April 28, PANews reported that BitMEX co-founder Arthur Hayes expressed a more optimistic outlook on Bitcoin at the Bitcoin 2026 conference. AI will replace a large number of knowledge workers, potentially leading to credit losses in the banking system amounting to hundreds of billions of dollars, similar to a "new subprime mortgage crisis." However, the United States has entered a wartime state, with the new defense budget expected to increase by about 50% to $1.5 trillion; the government will not cut spending but will rather print a large amount of money. The enhanced supplementary leverage ratio rule, effective April 1, allows banks to hold less reserve and more government bonds. S&P Global estimates that this will release about $1.3 trillion in new lending capacity for the banking system, primarily for defense-related businesses and AI infrastructure. The money multiplier effect of bank lending is about 3, which can ultimately create approximately $4 trillion in credit. Fed chairman nominee Warsh will reduce the Federal Reserve's balance sheet while loosening bank regulations, allowing commercial banks to take over government bonds and repurchase agreements, resulting in a net liquidity impact that is neutral, but shifting the money creation entity from the central bank to commercial banks. The scale of newly created credit will exceed the scale of credit destroyed by AI, thus Bitcoin will continue to rise, with an end-of-year target price of about $125,000.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。