Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
DOGE Founder Calls Out Senator Warren For Anti-Crypto Stance, Elon Musk Agrees
Dogecoin’s founder, Shibetoshi Nakamoto has publicly challenged US Senator Elizabeth Warren for her anti-cryptocurrency stance. Adding weight to Nakamoto’s remarks, Tesla CEO Elon Musk has expressed his agreement.
DOGE Founder Calls Out Senator’s Anti-Crypto Stance
Speaking on Squawk Newsmaker, Warren publicly declared her anti-crypto stance, citing potential threats of the exploitation of digital currencies for nefarious purposes.
“There’s a new threat out there, it’s crypto and it is being used for terrorist financing. It is being used for drug trafficking. North Korea is using it to pay for about half of its nuclear weapons program. We can’t allow that to continue,” Warren stated.
The senator’s statements were posted by Watcher Guru on X. In response to Warren’s remarks, the founder of Dogecoin, Billy Markus, aka Shibetoshi Nakamoto, fired off a series of tweets in opposition to the her claims.
Nakamoto accused Warren of being hostile towards the people and having a preference for traditional banking systems.
“Elizabeth Warren loves banks, loves multi-millionaires (as she is filthy rich now), hates the people. Younger Elizabeth Warren would have declared the enemy of the people to be current Warren,” Nakamoto stated.
He also added that Warren was “the biggest threat to the middle class, democracy, and human intelligence.”
Responding to Nakamoto’s declarations, Tesla CEO and X owner Elon Musk expressed his support for the Dogecoin founder’s sentiment, tweeting “True” underneath Nakamoto’s posts.
Community Fires Off On Senator’s Crypto Terror Funding Remarks
The crypto community has actively rallied against the recent statements made by Senator Elizabeth Warren linking cryptocurrencies to potential terrorism financing.
An X community member argued that fiat currencies like USD were predominantly used for terror financing rather than cryptocurrencies. He concluded in his statements that the senator was actively attempting to curb freedom by criticizing cryptocurrencies.
“Go into any prison worldwide and ask Drug Dealers/Violators what they used for transactions. 99.99% of them will tell you Fiat currency, such as $USD. Elizabeth Warren is a threat to freedom and democracy,” the X community member stated.
Another community member has argued that the senator’s statements could be a deliberate attempt to discourage crypto investors just as the cryptocurrency market appears to be poised for a major bullish rally.
“The timing of these statements over the past couple of days has been uncanny. The overall crypto market hasn’t looked this bullish on the HTF in several years, and now they’re doing everything they can to scare retail away from it. We’re on the verge of a major run soon,” the X member said.
Featured image from Shutterstock
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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