Arthur Hayes' latest article: Predicts the US will "massively print money" leading to a bitcoin surge, and his family office Maelstrom is nearly fully invested

BlockBeats News, January 6, Arthur Hayes stated in his latest article "Suavemente" that the actions taken by the United States to control Venezuelan oil will ultimately stimulate the economy and suppress oil prices through "massive money printing," which will lead to a significant surge in the prices of cryptocurrencies led by bitcoin.

Hayes explained that in order to win the 2026 midterm elections and the 2028 presidential election, the Trump administration must boost the economy (raise nominal GDP) and control inflation, especially gasoline prices. Controlling Venezuela's oil is intended to increase supply and lower oil prices to appease voters. At the same time, to stimulate the economy, the government will have to cooperate with the Federal Reserve to carry out large-scale deficit spending and credit expansion (i.e., "money printing").

Ideally, if the "hot economy + low oil prices" scenario is achieved, the money printing machine will run at full speed, and the excess dollar liquidity will flow into various assets. As "hard assets" to counter fiat currency depreciation and liquidity overflow, bitcoin and major cryptocurrencies will become some of the biggest beneficiaries, with prices soaring as a result.

Hayes stated that he believes ZEC will become the beta of the privacy sector, and his family office Maelstrom has already gone long on a large amount of ZEC at excellent prices in the third quarter of 2025. The Maelstrom team's focus is to find at least one altcoin under the privacy theme that can lead the trend and bring excess returns to its portfolio in the coming years.

Currently, Maelstrom has entered 2026 with almost the maximum risk exposure. Although the team will continue to invest idle cash generated from various financing transactions into bitcoin, the current position in USD stablecoins is very low. To achieve excess returns relative to BTC and ETH, the team will sell BTC to fund privacy positions and sell ETH to fund DeFi positions. In both cases, if the choices are correct, as fiat credit expands, the selected altcoins should outperform the market.