The Wall Street Journal reported that among Trump's candidates for Fed chair, Kevin Hassett( is already ranked quite high.
What’s interesting about this person? He might be one of the earliest in the traditional finance circle to speak positively about Bitcoin. Back in 2021, while most officials were still questioning whether digital currencies were a bubble, Hassett had already publicly stated: "Bitcoin can completely serve as an alternative option to gold." He has studied blockchain and is not the type of conservative who shakes his head at the mention of BTC.
If this nomination succeeds, the underlying intention is actually quite obvious:
In terms of the implementation of economic policy, Trump needs a highly cooperative person. If fiscal expansion intensifies in the coming years, the Fed must keep pace rather than pull in the opposite direction. Hassett clearly will not be the one to sing a different tune.
In terms of market signal transmission, promoting someone who understands crypto assets to a position is itself a gesture—telling young investors and tech capital: this government knows where the money flows and also knows where the future is.
The possibility of regulatory restructuring is greater. A chairman who understands digital assets might be able to break the unclear regulatory boundaries between the SEC and CFTC. Subsequent actions regarding the Bitcoin spot ETF, and even more aggressive native crypto financial instruments, could usher in a truly institutional breakthrough.
It's not just as simple as changing a person; it's more like laying the groundwork for some new game rules.
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gas_fee_therapy
· 10h ago
If Hasset really rises to power, those SEC guys are probably going to panic.
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InfraVibes
· 11h ago
Wow, does Hassert really understand coin? If he really becomes the Fed chairman, BTC will directly To da moon, and those people from the SEC won't be able to manage it.
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SchrödingersNode
· 11h ago
Hassett has long been bullish on Bitcoin, and if he really takes a position at the Fed... the regulation situation might really change.
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CryptoMom
· 11h ago
Hassett played this game brilliantly; with the Fed chair being someone who understands coins, the regulatory breakthrough is really coming.
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But speaking of which, if this really happens, how much does BTC need to rise to be enough...
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Wait, he was bullish on Bitcoin back in 2021? Does this guy really understand or is he just talking casually? I need to check his holdings record.
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Breaking the regulatory boundaries between SEC and CFTC? If this can really be achieved, encryption finance will directly take off, and the U.S. might really have to define a new set of rules.
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Instead of expecting policy changes, why not ask yourself if your current position can withstand this wave of turbulence.
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The Fed chair understands coins; if this signal gets out, institutional investors will go crazy, and money will definitely pour in this direction.
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People with high compatibility entering the Fed? It sounds like a win-win, but what about the risks? Who's going to foot the bill...
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RuntimeError
· 11h ago
Wow, does this guy really understand coins? Then the Fed can finally breathe a sigh of relief, those previous guys were all opposition.
The Wall Street Journal reported that among Trump's candidates for Fed chair, Kevin Hassett( is already ranked quite high.
What’s interesting about this person? He might be one of the earliest in the traditional finance circle to speak positively about Bitcoin. Back in 2021, while most officials were still questioning whether digital currencies were a bubble, Hassett had already publicly stated: "Bitcoin can completely serve as an alternative option to gold." He has studied blockchain and is not the type of conservative who shakes his head at the mention of BTC.
If this nomination succeeds, the underlying intention is actually quite obvious:
In terms of the implementation of economic policy, Trump needs a highly cooperative person. If fiscal expansion intensifies in the coming years, the Fed must keep pace rather than pull in the opposite direction. Hassett clearly will not be the one to sing a different tune.
In terms of market signal transmission, promoting someone who understands crypto assets to a position is itself a gesture—telling young investors and tech capital: this government knows where the money flows and also knows where the future is.
The possibility of regulatory restructuring is greater. A chairman who understands digital assets might be able to break the unclear regulatory boundaries between the SEC and CFTC. Subsequent actions regarding the Bitcoin spot ETF, and even more aggressive native crypto financial instruments, could usher in a truly institutional breakthrough.
It's not just as simple as changing a person; it's more like laying the groundwork for some new game rules.