Speaking with crypto trader and analyst Luke Martin (known as Venture Coinist), the head of the BitMEX exchange Arthur Hayes expressed confidence that in the next few years Bitcoin will reach $ 50,000.

? Fresh episode with @CryptoHayes is out now ?

-BitMEX beginnings
-Future products and plans
-Trader specific topics like upgrades, trading experience, and more
-Financial privacy
-BTC outlook & 2019 price target

Watch: https://t.co/KvhkmKlMtC
Listen: https://t.co/qgq4TV9uDF pic.twitter.com/XdIcBKQzXv

– Luke Martin (@VentureCoinist) 12 April 2019 p.

According to the head of BitMEX, the government in the next five years will systematically "kill" financial privacy, trying to control a variety of areas. At the same time, cryptocurrencies will become the “last bastion” of financial confidentiality. Therefore, the demand for digital currencies, including Bitcoin, will grow.

"Let's just say, it [Bitcoin] can grow to $ 50,000 over the next two to five years if everything in the world develops according to this scenario," Hayes said.

During the conversation, the head of BitMEX also shared some plans for the exchange. For example, in the future, the company intends to provide users with the opportunity to receive a fixed income from BTC storage. In addition, the marketplace may eventually add the option of investing in stock indices.

In addition, during an interview, Hayes stressed the importance of the BitMEX insurance fund. According to him, it is necessary for stable operation and growth of the exchange, as well as for the possibility of providing high leverage.

Note that BitMEX removes one of the most expensive offices in the world , which is located on the 45th floor of the Hong Kong Cheung Kong Center. Its area is 20 thousand square feet (1860 square meters).

Exchange BitMEX together with partners organized by the former trader Citigroup Arthur Hayes. In 2014, he discovered the ability to make "easy money" on the difference in the Bitcoin price in China and Hong Kong. Today BitMEX is one of the most popular platforms for margin trading in cryptocurrencies, and its daily trading volumes exceed $ 2 billion .

Recall that earlier this year BitMEX announced the suspension of customer service from the United States and the Canadian province of Quebec.

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