First ‘pro-bitcoin’ Federal Reserve Chair confirmed! Today, Kevin Warsh has been confirmed as Chair of the Federal Reserve by the Senate, making his prior comments on Bitcoin newly relevant. Unlike past Fed leadership, Warsh has not framed Bitcoin simply as a threat to the dollar or the financial system. In a Hoover Institution interview, Warsh said Bitcoin technology was “the newest, coolest software” and “does not make me nervous” and “doesn’t trouble me.” He called it “an important asset” and said it can be a “very good policeman for policy,” meaning its price can act as a market signal when monetary policy loses credibility. He also made clear that Bitcoin is not a substitute for the dollar. His argument was more specific: Bitcoin and its underlying technology can serve as a form of market discipline, while the software itself can be used in both productive and harmful ways. Warsh’s financial disclosures have also drawn attention because they showed exposure to crypto-related investments, including digital asset infrastructure and emerging technology companies. That does not mean the Federal Reserve is becoming “pro-Bitcoin.” But it does mean the new Fed Chair has publicly treated Bitcoin as a serious monetary signal, not just a speculative asset or a threat to be dismissed.(Documenting ₿itcoin 📄)