Arthur Hayes, CEO of Bitmex, describes how traders on his platform can make great gains but experience limited losses, how Asia's crypto markets differ from those in the U.S., and why he makes money whether or not crypto prices go up or down. He also describes why ICOs are crap now but why he fully supports the idea in theory and how they should get back to their roots. He also explains why he believes governments will issue digital cash, and why he believes everyday people will be surveilled through these transactions, but will give up this privacy for the sake of convenience. And where does he see this leaving cryptocurrencies? To become needed to transact privately. Bitmex: https://www.bitmex.com/ Arthur Hayes: https://www.bitmex.com/app/aboutUs Bitmex blog, with detailed research reports: https://blog.bitmex.com/ Arthur's Crypto Trader Digest: https://us3.campaign-archive.com/?u=db45c09bdf20e1866bb32123f&id=ac43da8d18 Thank you to our sponsors! Blockchain Warehouse: https://www.blockchainwarehouse.com/ Preciate: https://preciate.org/recognize/ Learn more about your ad choices. Visit megaphone.fm/adchoices