$1,000,000 Bitcoin & The Death Of The 4-Year Cycle | Arthur Hayes & Allan Marshall

#Bitcoin #Crypto #Finance In this exclusive conversation, Arthur Hayes, co-founder of BitMEX, and Allan Marshall, CEO of Upexi, break down the rise and fall of Bitcoin treasury companies, why only a few will survive, and how fiat liquidity — not halving cycles — truly drives Bitcoin’s future. They reveal how government money printing, the debasement trade, and passive inflows could push Bitcoin toward $1 million, while mismanaged treasuries implode under leverage. A must-watch for anyone who wants to understand the real macro forces shaping crypto’s next supercycle. 🎙 Guests Arthur Hayes - https://x.com/CryptoHayes Allan Marshall - https://x.com/UpexiAllan This episode is sponsored by Figure (https://figuremarkets.co/scottmelker), where you can earn 9% by lending against real-world assets with Democratized Prime or borrow against your Bitcoin, Ethereum, and Solana at a low 8.91% rate without triggering a tax event with a Crypto Loan. Download their app (https://figuremarkets.co/scottmelker) to unlock your crypto’s potential today! DISCLOSURES: The 9% rate referenced is not guaranteed and subject to change as new offers are placed. Democratized Prime uses a Dutch auction method for its borrowers/lenders. There is an inherent risk due to interest rate volatility in a Dutch auction interest rates in the auction may rise rapidly. At the time of acceptance, your loan may be filled with a different or higher interest rate than offered at the time of selection. The interest rate is only fixed at the time of loan approval and not at the time of loan acceptance. Information on yield rates for respective competitors obtained from competitor websites as of July 9, 2025. This information on this comparison is for educational purposes only, and is not intended to be a substitute for specific individualized tax, legal, or planning advice. Rates from those providers are not controlled by Figure Markets and are subject to change without notice to Figure Markets. For more information on how rates are calculated with these providers, please visit their websites for more information. Figure Lending LLC dba Figure. Equal Opportunity Lender. NMLS 1717824. Terms and conditions apply. Visit figure.com (https://figure.com) for more information. Figure Markets Credit LLC. 650 S. Tryon Street, 8th Floor, Charlotte, NC 28202. (888) 926-6259. NMLS ID 2559612. Terms and conditions apply. Timestamps 00:00 – Coming Up 02:44 – Why Most Treasury Companies Will Fail 06:00 – Solana’s Secret Advantage Over Bitcoin Funds 09:30 – Surviving the Next Crypto Winter 12:00 – “They’re Just Hedge Funds in Disguise” 17:00 – Mergers, Failures & Zombie Treasury Companies 21:30 – Do DAT Collapses Threaten Bitcoin? 28:00 – Arthur Hayes: The 4-Year Cycle Is Dead 30:30 – The $1M Bitcoin “Debasement Trade” 50:00 – Liquidity, Inflation & The Endgame for Crypto 🔥Earn 1% extra bitcoin on recurring buys, 2% yearly on your bitcoin, and 4.5% APY on USD with easyBitcoin.app—download now at https://easybitcoin.app and follow @easyBitcoinapp on X! 🚀 Connect & Learn Join the Wolf Pack (Free Telegram) – Daily crypto market updates + direct chat with Scott: https://t.me/WolfOfAllStreet_bot Free Wolf Den Newsletter – Crypto news & market analysis every weekday: https://thewolfden.substack.com/ 📊 Featured Trading Tools Arch Public – Hedge-fund-level algorithmic trading tools: https://archpublic.com/ Trading Alpha – Pro-grade crypto indicators (Code: 10OFF): https://tradingalpha.io/?via=scottmelker 📲 Follow Scott Melker Twitter/X: https://x.com/scottmelker Website: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple Podcasts: https://apple.co/3FASB2c ⚠️ Disclaimer The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.