Arthur Hayes, co-founder of BitMEX, has projected that Bitcoin's price will soar to $1 million by 2028. Speaking at the Salt Conference in London, Hayes highlighted the likelihood of governments opting to issue more debt instead of raising taxes, which he believes will lead to an increased fiat money supply and inflation. He posits that Bitcoin will act as a hedge against inflation, akin to bonds or real estate. Hayes pointed out that the U.S. national debt has reached $38 trillion, expressing skepticism about politicians halting debt issuance without triggering a deflationary crisis. His prediction comes as a strategic outlook ahead of the next U.S. presidential election, emphasizing Bitcoin's potential role in the evolving economic landscape.