If he wins in November,former President Trump would likely attempt to take a more hands-on role steering the Federal Reserve's policy moves than has been seen in decades.
Why it matters: Trump could attempt to install Fed appointees who are personally loyal to him — and willing to take direction from the White House — in ways that would surely reverberate through the U.S. economy and markets.
However, there are some limits — both political and economic — on his ability to follow through on those instincts.
A little before Donald Trumpspoke at Bitcoin 2024 in Nashville last month, with thousands of people sitting in the room waiting to see the former president, longtime Bitcoin developer Matt Corallo took the stage and told everyone that Bitcoin mining isn't meaningfully decentralized.
Why it matters: Decentralization is key to Bitcoin's trustless nature, the idea that it's very hard to censor or control, which is key to its value to many people around the world.
Between the lines: Corallo was describing a known problem with the system and imploring the audience to start demanding that Bitcoin's miners — its security system — start tinkering with a solution.
