According to Odaily Planet Daily, BitMEX co-founder Arthur Hayes stated in an interview with Kyle Chasse that Bitcoin holders need to be more patient and not anxious about the continuous record highs of stocks and gold. Questioning why Bitcoin hasn't broken through its previous highs completely misses the point. "If you think you can buy Bitcoin today and trade it for a Lamborghini tomorrow, you're likely facing a margin call—that mindset is inherently flawed. It's a shame you bought Bitcoin only six months ago, but those who held on for two, three, five, or ten years are now watching the tide. People need to recalibrate their perspective."

Gold and the S&P 500 hit record highs of $3,674 and $6,587, respectively, this week, while Bitcoin remains below its all-time high of $124,100 reached on August 14. Hayes downplayed the significance of these highs compared to Bitcoin and refuted questions about when Bitcoin and the crypto market will begin to attract global M2 fund inflows, arguing that the premise of the question itself is flawed and that Bitcoin remains the best store of value when currency devaluation is considered.

Hayes noted that while the S&P 500 is up in dollar terms, it has yet to recover to 2008 levels when measured in gold. The real estate market, when converted to gold, is even worse than it once was. US tech stocks are perhaps the only asset class still performing well when measured in gold. If other assets are converted to Bitcoin, the charts barely register—Bitcoin's outperformance is incredibly impressive.