A closely monitored crypto commentator known as Plur Daddy (@plur_daddy), has resurfaced with a macro paper that places Bitcoin and gold at the centre of approaching policy inflections. By strengthening President Donald Trump’s push and giving greater control over US monetary policy, we can experience the oxidation resistance of our valuable inventory.
Comment comes as global policymakers discuss the use of Russia’s fixed reserves to reduce the contours of the market regime in which Bitcoin is increasingly trading as a function of liquidity and institutional reliability rather than a harving-linked “four-year cycle” as a gold trade near record highs.
Trump’s Fed Takeover could potentially charge Bitcoin
“It was great to be away from Twitter… I will continue to be a long BTC and will be expanding my Gold position in August, driven by my belief that Trump’s efforts to control the Fed represent a key catalyst.
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Postframe Bitcoin and Gold frame it as “a purer beneficiary of an environment where liquidity is improved and institutional reliability is impaired,” and claims that the lingering fear of the top of the Harving Style market is “BTC… is acquired by Tradfi, and is an expression of purer oxidation conditions.”
The background to the policies he sketches has shifted from virtual to contested reality in recent weeks. Federal Reserve Chairman Jerome Powell publicly rejected allegations that the central bank was acting politically, even as investors analyzed the appointments from the White House and public pressure.
“Cheap shots,” he spoke about the accusations of the Fed’s motivations, defending the data dependency of recent decisions. In parallel, global policymakers and market strategists have openly debated whether continuous political intervention could force explicit yield controls to reduce long-term borrowing costs, an approach that has not been used in the United States since the 1940s.
In a follow-up thread, “Plur Daddy” outlined the pathways that lower mortgage rates through government-sponsored companies (Fannie Mae and Freddie Mac) and bought more mortgage bonds.
The proposal is distinguished from QE by shifting the spread through the asset mix rather than directly expanding the central bank’s balance sheet. This argument is consistent with the broader political incentives before our mid-way. “The market is positive…has strong incentive to juice the economy and the market,” he writes, but warns that direct stimuli poses inflation risks.
The liquidity lens has expanded to the Ministry of Finance’s general account (TGA), which is rapidly rebuilt in the third quarter. Research Desks warned in September that it could temporarily release market liquidity before TGA replenishment eased. This is a pattern that Crypto Traders has long been monitoring considering the sensitivity of Bitcoin’s characteristics to changes in dollar system reserves and billing and absorption amounts. “BTC is hypersensitive to much more changes in liquidity conditions than stocks,” the post reflects an analysis that maps TGA dynamics to risk asset performance.
Another pillar of the paper is Europe’s evolving attitude towards Russia’s frozen sovereign assets, with $300 billion fixed after the 2022 invasion. Brussels is weighing the structure in which new loans to Kiev are supported by those assets and are repaid only if Russia pays compensation. The author claims that it “never happens” and calls the mechanism a de facto seizure that “results intensifying the reason for crypto exists.”
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The market context sympathizes with the leg worthy of discussion. Gold penetrates new highs this month, potentially high if multiple banks are prone to central bank purchases, projecting scenarios towards $3,700-4,000 in the next few quarters, and private investors accelerate hedging from US dollar assets amid policy and geopolitical uncertainty. “It makes sense that BTC will start moving. [when] Gold’s momentum will be slower,” added Plur Daddy, assuming a rotation when bullion advance stalls.
This post pulled a quick agreement from a well-known trader. “I agree, I’m trying to calculate this, I’m<6ヶ月＆> I think it’s 90k,” Ansem (Blknoiz06) wrote, sketching a timeline suggesting the Q1 2026 window on top of the new Bitcoin leg. Macro strategist Alex Kruger called it a “great post.” Felix Jauvin, host of the Forward Guidance Podcast, added:
The policy background expert sketch features a Federal Reserve Committee with newly confirmed governor Stephen I. Milan.
In parallel, the administration’s attempt to eliminate Governor Lisa Cook via litigation has given an unprecedented spotlight to legal protections regarding the independence of the Federal Reserve. These developments are concrete signs of the “one” moments mentioned above, along with European evolving plans to utilize frozen Russian assets.
At the time of pressing, BTC traded for $113,121.
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