Anthony Pompliano, a cryptographic entrepreneur, says that US President Donald Trump should not observe his recent threat to the dismissal of the head of the US Federal Reserve, saying that this is a unsafe precedent – especially considering the real motive.

“I do not believe that the President of the United States should enter and dismiss the President of the Fed unilaterally,” Pompliano he said In a film published on October 18.

Pompliano, shooting for disagreement is a slippery slope

Pomplianiano said: “Where do you have a dispute and then shooting, I think this is not an area where we want to enter.”

“The idea of ​​releasing the chairman of the FED is a very bad precedent to determine in this way.”

He comes after Trump undertook to his Social Social Social Platform to accuse Fed Chairman Jerome Powell about too leisurely to lower interest rates. “The ending of Powell cannot come quickly enough!” Trump said on April 17.

Pompliano explained that although the Fed is to act independently, he agrees with critics who claim that this is not really independent. “I think the Fed is highly politicized, although they do not pretend they are not,” he said.

Pompliano recognized his criticism of the Fed, saying that he was not exactly a fan, but he emphasized that even if the Fed made mistakes, reacting in nature is not the right approach.

“I still think that only because someone is doing something bad, does not mean that you should do something bad,” said Pompliano.

The US senator, Elizabeth Warren, recently warned that if Trump finally moves to Powell’s release, he could undermine the investor’s trust in the integrity of American capital markets and cause a financial accident.

“A large part of our strong economy and a large part of the world economy is the idea that large songs move regardless of politics,” said Warren during the appearance of CNBC.

Related: Powell Reasets Fed Reasets for Stablecoin legislation

Lower interest rates often lead to increased liquidity, which historically led to higher prices perceived risky assets, such as Bitcoin and other cryptocurrencies.

It is coming shortly after Powell said that the establishment of Stablecouins’s legal framework was a “good idea.”

In the panel of April 16 at the Chicago Powell Economic Club, “The climate is changing and you go to the more mainstream of this sector, so Congress looks again […] as part of legal for Stablecouins. “

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