When central banks lose independence, the crisis tools meant to stabilize markets become less reliable. That's the real tension here. A Federal Reserve bending to political pressure—whether from Washington or Wall Street—doesn't just affect traditional finance. It cascades into crypto markets too. Why? Because when investors lose confidence in institutional guardrails, they look for alternatives. A weakened Fed means unpredictable monetary policy, which means higher volatility across all asset classes. The playbook for handling the next financial crisis gets shakier. And that uncertainty? It's exactly what drives people toward decentralized solutions. So paradoxically, a less independent Fed could accelerate adoption of the very alternatives it fears most.