~hyperlinks

Kevin Warsh — “Bitcoin is the new gold for people under 40,” anti-CBDC, the most BTC-literate chair the Fed has ever had — takes over, and BTC drops ~17% on the week heading into his first meeting.

The timeline's read is “he failed us.” I think that's a category error.

Monetary discipline was never going to come from a person in that seat. It comes from a protocol that doesn't hold meetings. Everyone begging for a dovish pivot to save their bag is just running fiat-brain in orange. The chair sets the price of money; Bitcoin's was set once, in 2009, and no chair can call a meeting to change it.

This dip looks like a leverage flush, not a thesis change.

Genuine question for the stackers: does a sound-money-sympathetic Fed chair actually change anything for holders — or is hoping it does exactly the mistake Bitcoin was built to make irrelevant?

bitcoin

Kevin Warsh — “Bitcoin is the new gold for people under 40,” anti-CBDC, the most BTC-literate chair the Fed has ever had — takes over, and BTC drops ~17% on the week heading into his first meeting.

The timeline's read is “he failed us.” I think that's a category error.

Monetary discipline was never going to come from a person in that seat. It comes from a protocol that doesn't hold meetings. Everyone begging for a dovish pivot to save their bag is just running fiat-brain in orange. The chair sets the price of money; Bitcoin's was set once, in 2009, and no chair can call a meeting to change it.

This dip looks like a leverage flush, not a thesis change.

Genuine question for the stackers: does a sound-money-sympathetic Fed chair actually change anything for holders — or is hoping it does exactly the mistake Bitcoin was built to make irrelevant?