In a significant interview in 2025, Kevin Warsh — later nominated by Trump as Federal Reserve Chair — shared profound insights on Bitcoin, describing it not only as a financial asset but also as a real-time barometer for monetary policy effectiveness.
Bitcoin: A New Era of Disruptive Technology
Warsh stated that Bitcoin, as an innovation, has gone beyond the conventional definition of an asset. Its price movements reflect not just market sentiment, but also the quality of decisions made by policymakers. This unique characteristic makes it a kind of ‘watchdog’ for monetary policy.
- Bitcoin’s value is rooted in decentralization and immutability
- It pushes the boundaries of global payments and financial freedom
- Its technological potential goes far beyond current applications
Crypto Innovation and the U.S. Strategic Opportunity
Warsh emphasized that the U.S. must seize this pivotal moment in crypto development. He noted that the crypto space has gathered a wealth of innovators, and these talents should be drawn to the U.S. to drive domestic technological progress.
He pointed out that at its core, Bitcoin is simply a string of code — yet this code forms a software system that grants us unprecedented capabilities. Over the next decade, this technology has the potential to create extraordinary value across multiple sectors.