阿瑟·海耶斯懷疑唐納德·川普政府是否會建立戰略性比特幣儲備

加密貨幣創投公司 Maelstrom 的首席投資長阿瑟·海耶斯 (Arthur Hayes) 表示，他懷疑唐納德·川普政府是否會抽出時間創建戰略性比特幣儲備

Crypto venture capital firm Maelstrom’s chief investment officer, Arthur Hayes, has expressed his doubts that the Trump administration will follow through on a policy that many crypto enthusiasts are hoping for: the creation of a strategic Bitcoin reserve.

加密貨幣創投公司 Maelstrom 的首席投資長 Arthur Hayes 表示懷疑川普政府是否會貫徹許多加密貨幣愛好者所希望的政策：建立策略性比特幣儲備。

“I don't think Trump will get around to doing a bitcoin reserve,” Hayes, the co-founder and former CEO of BitMex, told Axios in an interview. “At the end of the day, I don't know how borrowing money to buy bitcoin helps on any of Trump's platforms.”

BitMex 聯合創始人兼前執行長海耶斯在接受 Axios 採訪時表示：“我認為川普不會抽出時間來建立比特幣儲備。” “歸根結底，我不知道借錢購買比特幣對川普的平台有何幫助。”

Trump has certainly shown an interest in the benefits that crypto can offer him, having launched a couple of meme coins (crypto tokens with no utility other than to be volatile speculative instruments) prior to his inauguration. For hardline Bitcoin supporters, a U.S. strategic reserve held in BTC would be something of an apotheosis for the most valuable token.

川普當然對加密貨幣可以為他帶來的好處表現出興趣，在就職之前推出了幾種模因幣（除了波動性投機工具之外沒有任何用處的加密代幣）。對比特幣的強硬支持者來說，美國以比特幣作為戰略儲備將成為最有價值代幣的典範。

Hayes himself said, “I hope I’m proven wrong,” on the implementation of a BTC reserve. But he pointed to the limited time frame before the midterm elections, which could restrict the ability to implement substantial policy changes, as well as the fact that there are many other things to allocate time and money to.

海耶斯本人就比特幣儲備的實施表示，「我希望事實證明我是錯的」。但他指出，中期選舉之前的時間有限，這可能會限制實施重大政策變革的能力，還有許多其他事情需要分配時間和金錢。

“You have so much borrowing capacity before you destroy the bond market. Are you gonna borrow money to buy bitcoin? Are you gonna borrow money to give health care to the seniors who voted you in, or to build more bombs so that the defense lobby likes you?” Hayes said.

「在摧毀債券市場之前，你有這麼多的借貸能力。你會借錢買比特幣嗎？你是想藉錢為投票給你的老年人提供醫療保健，還是製造更多炸彈讓國防遊說團體喜歡你？海耶斯說。

“There's a lot of different things you can borrow money to spend it on. I just don't think that he's going to spend it on bitcoin. Whilst as important as bitcoin bros think they are, there's a lot of other interested parties that want that borrowed money to go into their pockets,” he added.

「你可以藉錢來做很多不同的事情。我只是不認為他會把錢花在比特幣上。儘管比特幣兄弟認為它們很重要，但還有很多其他感興趣的各方希望藉來的錢進入他們的口袋，」他補充道。

Hayes is known for his contrarian approach. Impish irreverence when it comes to investing via his new Maelstrom fund – “We love undervalued shits” [shitcoins] – is underpinned by penetrating insights into macro-economics, with particular pessimism about the ways governments erode the wealth of everyday folk.

海耶斯以其逆向思維而聞名。在透過他的新Maelstrom 基金進行投資時，他表現出頑皮的不敬態度——「我們喜歡被低估的狗屎」[垃圾幣]——這是基於對宏觀經濟的深刻見解，尤其是對政府侵蝕一般民眾財富的方式的悲觀態度。

Maelstrom mostly writes checks in the $50,000-$100,000 range at the seed stage of crypto projects and acquires tokens rather than equity; recent successes included investing in Ethena Labs, the stablecoin project.

Maelstrom 主要在加密貨幣項目的種子階段開出 50,000 至 100,000 美元範圍的支票，並收購代幣而不是股權；最近的成功包括投資穩定幣項目 Ethena Labs。

Speaking about Maelstrom’s investment thesis, Hayes said: “Let's not kid ourselves, it's raw speculation. Most of these things will be zeros. And so I don't want to dress it up in some sort of highfalutin language. We’re speculating.”

在談到 Maelstrom 的投資論點時，海耶斯表示：「我們不要自欺欺人，這只是原始投機。其中大部分都將為零。所以我不想用某種冠冕堂皇的語言來粉飾它。我們正在猜測。