Jpow had an intimate understanding of how Fed policy impacts market risk. His career was built taking advantage of the financial engineering made possible by ZIRP. He also has a history of talking hawkish and voting dovish on the FOMC. I feel like he’s “fed” up and may go rogue. Jay can turn music off and leave a lot participants without a chair. Can’t tell if he has it in him. None of this matter to Bitcoin in the long run, just might be able to snag some more cheap Sats in the short run.