BitMEX Co-Founder Arthur Hayes Says Bitcoin Is Rallying On Fears Of Global Wartime Inflation", Arthur Hayes, the co-founder of the cryptocurrency exchange BitMEX, believes that Bitcoin is rallying due to fears of global wartime inflation. Hayes argues that the current global economic environment is similar to the wartime economies of the past, which were characterized by high inflation and government-imposed capital controls. In these environments, investors often turn to hard assets, such as gold and silver, to protect their wealth.