Kevin Warsh’s Fed Appointment Creates Paradox for Crypto: Tech Support Meets Monetary Restraint

TLDR: Kevin Warsh calls Bitcoin “new gold” for younger investors, marking rare Fed endorsement of cryptocurrency as legitimate store of value.  Balance sheet reduction plan eliminates quantitative easing liquidity that historically drove crypto to all-time price highs.  Rate cuts without monetary expansion create unprecedented environment where cheaper loans lack supporting capital injections.  Stronger dollar policy [...]

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