Trading the Merge | Arthur Hayes
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 7 September 2022
⏱️ 84 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF ✨ | Find out why 1D = 1B:
https://shows.banklesshq.com/p/debrief-arthur-hayes
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This episode has been a long time coming. Arthur Hayes is the crypto trader of traders, and he's particularly bullish on the ETH trade.
Today, he tells us why.
We've been binging Arthur's writing lately, trying to get inside his head about how he approaches the markets.
Discussing the inevitability of inflation, the chaotic macro picture, and of course the Ethereum Merge, we piece together the mindset of a trader who has survived the massacre of 2022.
Do you agree with Arthur? Let us know in the comments or on Twitter @banklesshq
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Topics Covered:
0:00 Arthur Hayes
6:30 Arthur’s Prolific Writing
12:55 Why Arthur is a Trader
19:10 What’s Causing Inflation?
26:00 The Only Solution
30:11 Structural Inflation
38:09 The Macro Landscape
44:24 Why Crypto?
50:44 Denominate in Hydrocarbons
58:30 The Ethereum Merge
1:02:30 Is the Merge Priced In?
1:04:30 Crypto Markets
1:06:47 Target ETH Prices
1:08:20 What’s Different?
1:11:58 Making the ETH Trade
1:15:45 Merge vs Macro
1:18:26 DeFi and Arthur’s Conversion
1:22:15 The 2022 Retail Massacre
1:24:30 Surviving as a Trader
1:27:50 Arthur IRL
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Resources:
Arthur on Twitter:
https://twitter.com/CryptoHayes?s=20&t=fz4N1B7Ifa3OY-tD6l6jhw
Arthur's Blog:
https://cryptohayes.medium.com/
ETH-flexive:
https://cryptohayes.medium.com/eth-flexive-7e1921123f64
A Samurai, a Knight, and a Yankee:
https://entrepreneurshandbook.co/a-samurai-a-knight-and-a-yankee-211bf975a31d
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Transcript
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| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:11.1 | This is how to get started, how to get better, how to front run the opportunity. |
| 0:15.2 | This is Ryan Shaw Adams. |
| 0:16.2 | I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:20.9 | Guys, we have a special guest, a long sought after guest here with us today on Bankless |
| 0:26.2 | Arthur Hayes. |
| 0:27.4 | He's a crypto trader of traders. |
| 0:30.3 | Now he's particularly bullish on the ETH trade. |
| 0:32.6 | He's going to tell us why a few things to look out for during this episode. |
| 0:36.4 | Number one, why is Arthur a trader anyway? |
| 0:38.9 | How does he approach the market, the crypto market? |
| 0:41.0 | We get inside his head. |
| 0:42.0 | We ask these questions. |
| 0:43.6 | Number two, why Arthur thinks fiat inflation is a near certainty? |
| 0:47.9 | We talk energy. |
| 0:48.9 | We talk debt. |
| 0:49.8 | We talk demographics. |
| 0:51.6 | Finally, we get to the ETH trade. |
| 0:54.2 | That's number three. |
| 0:55.7 | Arthur says it's the most obvious trade he's ever seen in crypto. |
| 0:59.1 | He's been here a lot of years. |
| 1:00.9 | Is the merge priced in? |
... |
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