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Recent prediction market data is quite interesting—Kevin's two nominees are actually tied at 39% each. This battle for Federal Reserve Chairmanship is no trivial matter; it directly impacts whether the crypto market will be a carnival or a torment after 2026.
Let's start with the logic on Hsu's side. This guy truly understands cryptocurrencies and is far more involved in crypto policy than most bureaucrats. If he takes over the Federal Reserve, the market generally expects a period of liquidity flooding. More importantly, his attitude toward hard assets like Bitcoin is friendly, and he might even push BTC to the level of national reserve assets. For the crypto community, this is basically the best-case scenario.
On the other hand, Waller's approach is different. Although he is more receptive to Trump's views than Powell, he isn't very interested in the prospects of private cryptocurrencies replacing traditional finance. What's the likelihood of him taking office? CBDCs will accelerate their development. For those who care about privacy and decentralization, this could mean pressure rather than good news.
The general consensus in the community is that if Hsu wins, Bitcoin could challenge new highs of $150,000 to $200,000. The specific outcome will depend on subsequent policy details. What do you all think about this game? Feel free to discuss.