The encryption industry is experiencing a high rise in popularity, and Arthur Hayes shares his investment insights.
The recent Token2049 conference held in Singapore was unprecedented, with attendance doubling from last year to over 20,000 people. The venue was bustling with crowds, and various party activities were constantly emerging, even featuring flash performances by exotic dancers. The entire city was vibrant, hotels were fully booked, and restaurants were hard to come by. This grand event is likely to bring economic benefits to Singapore, potentially setting a historical record.
In stark contrast to traditional finance meetings, individuals in the encryption industry demonstrate great enthusiasm and vitality. Traditional finance professionals, on the other hand, deliberately maintain a calm demeanor, attempting to conceal the nature of their plundering ordinary people's wealth through inflation.
Arthur Hayes reviewed his macro prediction record over the past year and found that the accuracy rate was only 25%. However, he stated that even if the prediction accuracy is not high, as long as the policy response is as expected, it can still be.