Odds that Bitcoin-friendly Kevin Warsh is nominated to be the new Fed Chair spikes to 59%
Warsh said Bitcoin may “serve as a sustainable store of value, like gold.”
Source: https://x.com/BitcoinMagazine/status/2012289830969905526
https://i.redd.it/oj5xvu92xydg1.png
12 Comments
So what, all he can do it change the rate, the price of BTC doesn’t factor into that decision
That 59% kind of move in odds feels like the same thing we saw last cycle when people priced in policy shifts before they actually played out. If Warsh actually lands the spot, it could be a pretty subtle positive for risk assets because it reduces tail uncertainty more than it changes rates themselves. I’ve been scribbling down a few geopolitical and regulatory news flows next to macro moves to see how sentiment actually shifts in markets versus just the headlines. Kind of fun to see how priced in this stuff gets before we even know for sure.
Can someone explain to me how the prices change on prediction markets?
If more people buy yes contracts does that start moving the price higher?
Comparing Bitcoin to some shiny dirt you could find in a river is insanely bearish.
When will this take place?
When will this take place?
When will this take place?
Well its Trump, he could appoint about anyone at the end of the day if he feels like it.
Oh that’s good he can reduce bitcoin inflation for starters
This is crap; let’s just bet on the end of the world and get it this over with
You would have to be clinically insane to trust this betting market in the year 2026 of our Lord.
It will be Kevin…