According to the former CEO of BitMEX, Bitcoin is about to undergo a revolution due to a volatile combination of inflation brought on by war, and a $1 million BTC price is still feasible.

Coinbase (BTC)tickers lowering $35,515 according to one of its well-known brands, is facing a "trigger" moment that maintains a $1 million Bitcoin price tag in play.

The former CEO of BitMEX, Arthur Hayes, stated in a blog post titled "The Periphery" published on October 24 that Bitcoin is already alerting markets to impending dangers.

Global wartime inflation" will propel the price of gold and bitcoin.

According to Hayes, there is a rising chance of global escalation as a result of the US's expanding involvement in two new wars.

The timing is noteworthy since the US Federal Reserve has stopped raising interest rates despite ongoing inflation and an impending "bear steepener" for the economy.

Banks' structural hedging requirements and the US war machine's borrowing requirements reflexively feed.

If investors can't find any security in long-term US Treasury bonds, their money will go elsewhere.Real concerns about worldwide inflation during a war will cause gold and, more significantly, bitcoin, to rise.

Already, the writing is on the wall. This week's 15% increase in BTC/USD was prompted by US President Joe Biden's speech to the country regarding the hostilities in Israel and Ukraine.

As stated in the blog post, "Directly after the Biden speech, Bitcoin — along with gold — is rallying against a backdrop of an aggressive selloff in long-end US Treasuries."

This is Bitcoin discounting a future, very inflationary global world war situation, the statement says. "This is not speculation as to an ETF being approved."

Hayes is renowned for his forecasts on how the world economy will.

A $1 million BTC price tag is in play as part of the ripple effects for Bitcoin, something that has been reiterated on social media this week. This will arise from yield curve control (YCC), the pinnacle of controlled economics that is already starting to show signs of life in Japan.

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And the Fed's ultimate goal is to stop pretending that the US Treasury market is a free market when rates rise too high. Rather, "The Periphery" concludes, "it will become what it truly is: a Potemkin village where the Fed fixes the level of interest at politically expedient levels."

Once everyone understands what we're up to, the Bitcoin and cryptocurrency bull market will be going strong. It's time to start switching from short-term US Treasury bills to cryptocurrency since this is the trigger.

Dalio cautions against "very costly" decisions.

According to Cointelegraph, the growing likelihood of conflict has made macro concerns more prevalent this quarter.

The founder of the biggest hedge fund in the world, Bridgewater Associates, and multibillionaire investor Ray Dalio, estimated that there was a 50% chance that "World War III" would break out.

On October 12, he posted on LinkedIn, "I hope that the leaders of the great powers will prudently step back from the brink, even while they must prepare to be strong enough to successfully fight and win a hot war."

In my view, coalitions that are likely to attract non-fighting parties will also be put to the test if this goes well, in addition to the participants' ability to exercise restraint.

This is due to the fact that supporting the ally nations during these harsh battles is always exceedingly expensive and increases the likelihood of being fully dragged into the conflict. It is how regional conflicts turn into global conflicts.

Bitcoin is up 27% this year due to excitement surrounding the introduction of an exchange-traded fund.

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