Government Chairman of Technique Michael Saylor predicts that Kevin Warsh, who was lately appointed by President Trump to steer the Federal Reserve, will quickly develop into the primary pro-Bitcoin central financial institution chair.
Kevin Warsh will quickly develop into the primary pro-Bitcoin chair of the Federal Reserve. pic.twitter.com/afEBrBFeWX
— Michael Saylor (@saylor) January 30, 2026
President Trump praised Warsh as maybe the “finest” selection to steer the Fed. However is the Bitcoin hype justified?
Based mostly on what we all know to this point, the previous Fed chief is neither anti-Bitcoin nor a maximalist. In a 2021 interview with CNBC's Squawk Field, Warsh in contrast Bitcoin to gold as a possible retailer of worth or reserve asset.
Warsh was concerned in cryptocurrencies from the start, backing firms like now-defunct algorithmic stablecoin undertaking Foundation and Bitwise, now one of many main crypto asset administration firms.
He lately mentioned that Bitcoin is a market sign that might assist self-discipline policymakers.
In response to criticism that Bitcoin would undermine the Fed's capacity to handle the economic system, Warsh mentioned in a Could 2025 interview with the Hoover Establishment, “It might provide you with market self-discipline, and it might inform the world that issues should be fastened.” “Bitcoin doesn’t make me nervous.”
In our dialog, Warsh additionally recalled being launched to the Bitcoin whitepaper by Marc Andreessen, co-founder of Andreessen Horowitz (a16z), in 2011.
“I want I had as a lot readability as he did about how transformative Bitcoin and this new know-how is,” Warsh mentioned.
“I see the greenback as an necessary asset that helps policymakers inform when issues are proper or mistaken. It's not an alternative to the greenback. I believe the greenback can usually be an excellent police officer for coverage,” he mentioned.
Warsh sees blockchain as impartial software program with transformative potential. He additionally emphasised that constructing these applied sciences in the US might enhance productiveness and supply long-term financial advantages.
Regardless of being an early investor in crypto firms, Warsh's previous statements recommend a extra cautious view of personal cryptocurrencies.
He beforehand warned that these property have been “masquerading as cash” and argued that the U.S. central financial institution's digital foreign money could be a more practical instrument for sustaining financial sovereignty amid competitors from China's digital yuan.
What does Trump's appointment as Fed chairman imply for cryptocurrencies?
Warsh's Fed is more likely to mix tighter liquidity with clearer institutional guidelines, however his lengthy popularity as a monetary hawk might not fully outline his method going ahead.
Warsh has been essential of stability sheet growth and is often seen as a supporter of quantitative tightening, which is a headwind for speculative crypto property, however he has lately aligned himself with the White Home's push to decrease borrowing prices.
His Wall Avenue background suggests help for institutional-grade crypto regulation, which might ease the entry of pension funds, insurance coverage firms and different giant buyers.
On the identical time, Warsh is skeptical of personal stablecoins. in all probability favorable A rigorous and totally supported framework to keep up greenback sovereignty.
Though he helps blockchain innovation extensively, expressed a way of warning towards Regulated bank-centric infrastructure and large-scale CBDCs are most well-liked over permissionless environments.
