Trump is not a fool. After waiting patiently for Powell to leave, what are the chances of choosing a hawkish tapering advocate like Kevin Warsh to continue obstructing his policies? Warsh is a Bitcoin supporter. Without QE, government debt will only continue to worsen. The Trump administration is pro-crypto, so this combination isn't necessarily entirely negative. Bitcoin reserve + Bitcoin Fed could also be a way to reduce debt with Bitcoin. Let's see how Trump will soothe the market in the next few days before making a decision—it's not necessarily game over.