White House officially nominates pro-Bitcoin Kevin Warsh to be the new Federal Reserve Chairman

https://i.redd.it/95yxkneoi2ng1.jpeg

18 Comments

  1. I’m sure this will go well, just like every other financial decision this administration has made to date. /s

  2. therolando906 on

    This administration is corrupt and rotten to its core. I don’t trust any of it’s appointees are qualified or getting the jobs for the right reason.

  3. dj_destroyer on

    Personally I think this is good for the United States but not overly great for Bitcoin or financial assets in general. The guy is incredibly hawkish and prefers higher interest rates and less QE. I know that BTC pumped on this news but not entirely sure why. Miran would have been better for Bitcoin, no doubt.

  4. This “pro-crypto” nonsense is getting old. Too my boot lickers keep saying this about the current administration.

    If one was to follow the Clarity act you would quickly see that trump will not be “pro-crypto” and the Clarity act is going to be a gift to the banks

  5. lessismoreok on

    This is how American finance and crypto is ruined – by corrupt incompetent management. Short term gains for medium term ruin.

  6. I don’t even care anymore, hire this guy, drop the rates and send crypto to the moon. I’ll cash out hopefully before the economy simply implodes.

  7. geraltoftakemuh on

    Is it 4 or 14?
    Our government is run by middle schoolers who can’t proofread

  8. Massakahorscht on

    Please try reading between the lines…He is NOT pro bitcoin. He is not against it but will make politics which is atleast Bad for bitcoin to dollar price. He himself told in an interview which is available for everybody that he Sees bitcoin as a usefool tool for checking how good the fed is doing their job and how the money politic should be dirigated. So a rising bitcoin price is a Bad sign for the fed and Bad leadership. If He wants to Do a good job, He will try to put the bitcoin price down. Everybody thinks He is pro bitcoin only because He doesnt call it Rat poison and says it is usefull. For 95% of people it seems that they brain shuts off after These words because it is the only thing they want to hear 😀

  9. Cry all you want Biden fanboys , but this administration is much more friendlier to crypto . The reason for that is to manipulate it more , but it still causes a pump. I wish for the next administration to be just as crypto friendly but without the Trump craziness that ruins every hope for a bull run until late 2028z