Arthur Hayes is not a man encumbered by faith in politicians or politics. That’s why, in his latest blog post , Hayes lays out a case against one of the most popular crypto wishes, a strategic Bitcoin reserve. He also goes on to pour cold water on the idea that a crypto regulatory framework will benefit everyone. Hayes, who recently predicted that Bitcoin could trade as low as $70,000 in the near future, said the crypto community needs to rethink its wishlist. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io