Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but the new Fed Chair made it clear he intends to prioritize price stability and reduce loose forward guidance. While Warsh is focused on managing the dollar’s ongoing challenges, his debut actually highlights something much deeper: the dollar still requires constant human intervention to avoid dilution and debasement.

Bitcoin, by contrast, has a hard-capped supply and predictable issuance that no chairman can change. Warsh’s first meeting as Fed Chair makes the advantage of Bitcoin’s fixed supply more obvious than ever.

The System… Read more on BitcoinMagazine