Arthur Hayes: Why an AI Crash Could Send Crypto Soaring

About this episode

What happens to crypto if the AI boom suddenly breaks? Arthur Hayes joins David Sencil at Korea Blockchain Week 2026 to explain why an AI downturn could ultimately unleash trillions of dollars in new liquidity. Hayes breaks down the financial pressure building around AI data centers, why governments could eventually step in, and what another major liquidity cycle could mean for Bitcoin, Ethereum and the broader crypto market. They also discuss Ethereum, Japanese capital flows, French debt, Hyperliquid, prediction markets and FLOP, Hayes’ vision for decentralized AI compute. Could an AI crash become the catalyst for crypto’s next major run? Listen to the full conversation with Arthur Hayes…