We live in a very partisan world. I am much happier with a Fed Chair who is pretty neutral on things than one who is falling all over himself to promote crypto currencies. The other day I learned of a "bi-partisan" bill in congress that would eliminate the capital gains tax on small Bitcoin purchases. I believe under $600. The pundit who was speaking about it referred to it as "little known". To this I thought to myself, fantastic! If it is not on everyone's radar it might just go through. The political parties are so afraid of giving the other side a "win" they will vote down things they may even like, or maybe just not care one way or another about.

The only things congress seems to be able to get done are things that don't "matter". Let hope that this bill matters enough to get voted on, but not enough that either party will think of it as a "win' for their opponents Trump nominates a centrist republican who is non committal on crypto currencies either way. Except when it comes to a national crypto currency. Perfect!

While the Fed Chair is not in congress their opinion will be of value to congress. The best opinion will be one that does not politically weaponized the Bitcoin Issue.