The founder and former head of the BitMEX cryptocurrency exchange Arthur Hayes believes that the next large-scale crisis will be caused by losses of commodity producers and traders.
US sanctions on Russia and the disconnection some banks from SWIFT will cause inflation to spike. It will provoke the largest flow of capital in history from fiat to gold.
Arthur Hayes is also sure that the popularity of gold will provoke an increased demand for Bitcoin. The businessman believes that if gold reaches $10,000, then Bitcoin can grow to $1 million.