Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him.
Why Former Fed Governor Is Bullish on Bitcoin
Kevin Warsh was a Federal Reserve governor during and in the aftermath of the 2008 financial crisis. He also served as the Fed’s representative to the G20. Warsh was asked about his view on bitcoin during an interview with CNBC’s Squawk Box on Wednesday.
He began by observing that “Every asset price that the U.S. government doesn’t control” and “the Federal Reserve doesn’t control” is skyrocketing. He mentioned bitcoin, which he said “is in some sense the anti-government price,” and gold, which he described as “the barbarous relic that has been around for 5,000 years.” The former Fed governor exclaimed:
Those things are all going through the