2026-01-15 04:28:26

【The Moment When Power Is Redefined】

Many people think that the Federal Reserve Chair's decision is final, but it's not that simple. Fed official Kashkari's recent statements reveal a truth — the next chair must make policies truly effective. Holding the position alone is not enough; they need to use the strongest arguments to persuade the entire committee.

Why? Because even if they become the chair, they only have one vote in the decision-making process.

This may seem like a technical detail, but it has a significant impact on the market. The Federal Reserve is not a dictatorship; it results from internal negotiations. How interest rates move and policy shifts are no longer determined by the will of a single person but driven by consensus among the seven-member committee and regional Federal Reserve banks.

What does this mean for Bitcoin and Ethereum? The predictability of policy has actually increased. Instead of sudden black swan shifts, there will be repeated negotiations and gradual adjustments. Market participants will have more time to respond. At the same time, this also means that future interest rate paths are unlikely to be extreme, and compromise and balance will become the new normal.

As liquidity environments become clearer, the pricing logic of crypto assets is also being reshaped. From short-term policy shocks to long-term expectation management, this provides a relatively certain signal for strategists.

BTC-0.04%

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HappyToBeDumped

· 9h ago

Haha, the Federal Reserve playing democracy, well, this is getting interesting. No wonder the crypto circle has been betting on the Fed's moves; it turns out the chairperson is just a figurehead. Game outcome = better predictability? But I feel it's getting more and more complicated. By the way, if this wave of liquidity really becomes clear, will my BTC still rise? Wait, are you saying interest rates won't be aggressive? Then it's all good. Basically, this logic means don't expect black swans; you have to rely on your own bottom fishing. The seven-member committee versus one chairperson's vote... has power really been dispersed?

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BearMarketMonk

· 9h ago

In plain terms, power is also an illusion. No matter how high a person's position, in the end, it still relies on collective decision-making for support. This is completely different from the dictatorship-style leadership we imagine. The crypto market has been scared by unilateral policies for so many years, and now we should actually be grateful for this internal checks and balances. Predictability increases, and black swan events decrease. But don’t celebrate too early; compromise and balance sound good, but in reality, it’s just that no one can compromise, and everyone slowly dies together. "Signals from the layout者" are "relatively certain"? I think, history repeatedly shows us that the word "relatively" is the most deceptive. Cycles are always here, and disillusionment will always be repeated.

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AirdropDreamBreaker

· 9h ago

Damn, the Federal Reserve Chair isn't a one-man show either, this is the real truth... No wonder there are so many sudden incidents in the crypto world. Compromise and balance becoming the new normal means the market won't be so crazy anymore, and might actually be easier to predict? This logic has some merit. To put it simply, policies won't swing to extremes anymore, which actually makes it more stable for us to profit. I never thought about the fact that the chair only has one vote; turns out power is so decentralized... Those information gap traders must be stunned. Managing expectations is better than black swan risks; the certainty of long-term planning has indeed increased.

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CoffeeOnChain

· 10h ago

Wow, the Federal Reserve Chair isn't a dictator after all. The one-vote system is quite interesting.

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GasWastingMaximalist

· 10h ago

Damn, the Federal Reserve Chair only has one vote? Then I was misunderstanding before... Honestly, I don't see any benefit for the crypto world. Gambling is gambling, and in the end, it still comes down to who has the louder voice. Without black swans, it's even more boring... Stronger policy predictability is a good thing, at least you don't get trapped every day. Wait, does this mean that the decline will also be very slow? Damn.

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