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Blockchain

French Bank Deficit Net Positive For Bitcoin: Arthur Hayes


The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin.

France’s central bank, the Banque de France (BdF), reported a net loss of 7.7 billion euros ($8 billion) in fiscal year 2024, mainly driven by negative net interest income due to high interest payments, according to a press release published in March 2025.

This brought France’s government deficit to over 168 billion euros ($176 billion) in 2024, representing 5.8% of the country’s Gross…



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