Arthur says governments choose gold because it protects political power, while individuals choose Bitcoin for freedom and self‑custody

Arthur says governments choose gold because it protects political power, while individuals choose Bitcoin for freedom and self‑custody

The post Arthur says governments choose gold because it protects political power, while individuals choose Bitcoin for freedom and self‑custody appeared on BitcoinEthereumNews.com.

Arthur Hayes is just watching governments do what they’ve always done: choose control over freedom, paper over truth with printed bills, and make damn sure the world sticks to the rules they write. And when they have to pick between Bitcoin and gold, they don’t even blink. “Sovereigns buy gold. People like me? We buy Bitcoin,” Arthur said during a no‑bullshit interview with Coin Bureau, where he laid out why nation-states are doubling down on gold while individuals flee to crypto for one thing: freedom. Bitcoin is freedom‑proof, it runs without permission, can’t be seized, and lets you walk away with your wealth in your head. But gold is politics‑proof, it’s trusted, old, and has been traded between nations for thousands of years. Arthur said that’s why “you could lose your job if you bought Bitcoin and it tanked 75%. You won’t if you buy gold.” And the world’s governments don’t care about your freedom; they only care about their power. Every Bitcoin cycle begins with money printers Arthur broke down four major Bitcoin cycles and how every single one had its roots in credit expansion. The first came in 2009, right as Ben Bernanke at the Federal Reserve launched unlimited quantitative easing after a $700 billion bailout. Bitcoin was born at that moment. Then came China’s massive infrastructure stimulus between 2008 and 2011. “Both China and the U.S. were printing a shit ton of money,” Arthur said, and Bitcoin took off. By late 2013, things reversed. The Fed slowed liquidity, China pulled back on credit, and the first bubble popped at $1,300. Then came 2015, when a random Bitfinex wick liquidated 6,000 BTC. Arthur remembered it. So did the markets. China soon devalued its currency and fired up another stimulus wave. That led to the 2017 rally. “China did…