Arthur Hayes: Clarity Law Destroys Bitcoin’s Value

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Arthur Hayes said at the Consensus 2026 conference that A clear rule He doesn’t really understand the meaning of Bitcoin, arguing that any attempt to adapt it to the government’s regulatory framework removes the only thing that provides value.

The offer came at a time when Bitcoin is trading at more than $82,000, with exchange-traded funds (ETF) rising rapidly. Organizationwhich shows that the market movement and opinion are currently moving differently.

Arthur Hayes’ ideas move events

Hayes argues that Bitcoin’s value derives from its operation outside of any regulatory framework, and he also pointed out that laws like the Clarity Act do not explain anything.

“This is the value that Bitcoin provides outside of the system, the system and the system,” Hayes told the audience.

Regarding the price, Hayes was as blunt as ever, saying: “If you want to talk about the value of Bitcoin and its value, the most important thing is the amount of money that is available today.” Hayes wants the price of Bitcoin to reach $ 125,000 by the end of the year, a goal that is more related to the growth of the global currency, not the result of regulations. In his opinion, the law has nothing to do with calculating prices.

Hayes continued, saying that the interest in the “Clarity Act” within the industry reflects the interests of existing companies with lobbying jobs in Washington, not the ecosystem that Bitcoin was built to traverse. “Middle-sized companies want control because it benefits their businesses,” he said. In Hayes’ view, the decentralized finance (DeFi) ecosystem and privacy-focused infrastructure will gain nothing from the law except for a federal regulatory framework that they cannot technically comply with.

“Middle-class owners want control because it benefits their business.”

His position is very different from the tone found in Consensus 2026; Ripple CEO Brad Garlinghouse strongly urged the Senate to move forward with the legislation before the May 21 Memorial Day holiday.

Are Bitcoin systems compatible with Hayes?

Bitcoin rose 8% in the week to reach $82,600 following Hayes’ speech at the Consensus Miami 2026 conference, continuing a rally in which the currency maintained its stability above $80,000 despite weeks of regulatory uncertainty. The Spot Cumulative Volume Delta index jumped 199% at the same time, indicating buying pressure.

Bitcoin ETFs added $532 million in one session as the Clarity Act moved forward through committee, pushing the total assets under management (AUM) of these funds to over $59 billion, with the total institutional exposure exceeding $106 billion.

An anonymous analyst noted that Bitcoin is entering a high price driven by the decline in the currency of the currency, which is in line with Hayes’s investment theory, although the rise of the ETF shows that institutional players want the engineering that Hayes opposes.

Survival Bitcoin traded above $81,000 It’s the ETF profile that fits into Hayes’ view that shows no flaws.

A note Arthur Hayes: Clarity Law Destroys Bitcoin’s Value appeared for the first time Cryptonews Arabic.

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