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Don’t Miss This Bitcoin Opportunity, BitMEX CEO Notes

The mass adoption of Bitcoin and crypto has been one of the most important goals that the crypto industry has set. There are a lot of moves made in this direction, and they continue as we speak. Check out the latest reports about Bitcoin below.

BitMEX CEO addresses BTC adoption

BitMEX founder Arthur Hayes says that most people won’t realize they need Bitcoin (BTC) until it’s too late. This is one of the most important issues that have to be addressed in terms of adoption.

In an interview with Crypto Banter, Hayes says that, in theory, BTC should be adopted by the masses, and this should be happening as a means to protect one’s wealth from various threats.

But he also made sure to highlight the fact that only a small percentage of the population will actually do so, realistically speaking.

“In practice, most people try to get out too late. It’s kind of like the gates are already closed, and then you realize you need Bitcoin. It’s like the Russian oligarchs who thought they were rich, and then their whole country got sanctioned, and then all the nice things they had were no longer theirs anymore. The time to buy Bitcoin was last month, not today.”

He also said the following:

“So most people would not get out of it. They’ll get financially repressed. They’ll be stuck into their systems, and there will be a small minority who understand this idea, and a small amount of money of a big pot I think is going to flow into some of these assets like gold and Bitcoin and other things that can be moved around that are not someone else’s liability.”

Regarding the price of Bitcoin today, at the moment of writing this article, BTC is trading in the red, and the king coin is priced at $19,290.

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