You may know Arthur Hayes as the Co-founder of BitMEX, the originator of the Bitcoin perpetual swap, but did you know he might be a "gold bug" in a crypto disguise? In this episode of the VALR Podcast, host Farzam Ehsani and Arthur Hayes discuss the evolution and future of the crypto industry, global economy, and the role energy plays in financial systems. Hayes shares his journey from being fired at Citibank to co-founding BitMEX, pioneering perpetual contracts, and eventually venturing into his family office 'Maelstrom', focusing on crypto trading and advising. The discussion also covers geopolitical dynamics, the likelihood of central banks adopting Bitcoin, and the enduring value of physical gold in a digital age. 00:00 Introduction 01:47 Arthur Hayes: From TradFi to Crypto Pioneer 05:13 The Genesis of BitMEX and the Perpetual Swap 07:58 Arthur's Journey to Asia 12:59 The Evolution of Money 18:08 The Longevity of the US Dollar and the Role of Bitcoin 27:39 The Fed's Strategy and Economic Impacts 35:53 The Future of Global Currency and Trade 44:36 Energy as the Ultimate Currency 49:18 Lessons from Running a Crypto Exchange About Arthur Hayes – Chief Investment Officer, Maelstrom Arthur Hayes is an entrepreneur, a crypto trader and advocate, and a fintech pioneer. He is the co-founder of BitMEX and the originator of the perpetual swap, a popular derivatives trading product unique to the digital assets space. He is passionate about helping spread financial literacy and educate investors regarding cryptocurrencies and digital assets. Arthur began his career as a market maker for Deutsche Bank and Citibank’s ETF businesses. He holds a BA in Economics from the Wharton School of Business at the University of Pennsylvania. Connect with Hayes on X: https://twitter.com/CryptoHayes Subscribe to his blog: https://cryptohayes.substack.com/ #arthurhayes #bitcoin #cryptofutures #cryptocurrency #cryptoadoption #federalreserve #gold #currency #money #valr #valrpodcast #farzamehsani