Arthur Hayes: Bitcoin is issuing a warning that AI will trigger a massive credit collapse. On March 7, 2026, Arthur Hayes explained in an interview with Cointelegraph the deeper logic behind Bitcoin's halving: it is an early warning of credit destruction caused by AI disruption. As AI entities replace expensive SaaS services and high-paying jobs, a wave of unemployment will lead to debt defaults and threaten banks' solvency. Hayes concluded that Bitcoin is following the decline of struggling software stocks (IGV), rather than being supported by hardware giants in the U.S. stock market. Source: Cointelegraph