Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

CoinDeskPolicyPublicado a 2024-02-14Actualizado a 2024-02-15

Resumen

A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over th...

No, U.S. Senator Elizabeth Warren, the Massachusetts Democrat who typically antagonizes the blockchain industry, has not had a sudden change of heart on Bitcoin.

Warren has fashioned herself as one of blockchain's fiercest critics in the Senate, spearheading bills like last year's Digital Asset Anti-Money Laundering Act that aimed to curb the ability for financial institutions to transact in bitcoin and other cryptocurrencies.

So given the Senator's anti-Bitcoin track record, it came as a surprise this week when she appeared to sign off on an official order commanding a flag be flown over the U.S. Capitol in honor of pseudonymous Bitcoin creator Satoshi Nakamoto.

Advertisement
Advertisement

The Bitcoin community immediately seized on the news, recirculating an article on X (formerly Twitter) from Bitcoin Magazine celebrating Warren's "sudden embrace of Bitcoin."

Look a little closer, however, and the development appears to be little more than a clever stunt pulled off by Bitcoin supporters.

Although some credulous commentators celebrated Warren's "endorsement," social media sleuths quickly pointed out that anyone can, for a fee, fill out a form on the Senator's website to have a flag flown over the U.S. Capitol.

If there's any takeaway in Bitcoin Magazine's tongue-in-cheek article – which praises Warren for having finally "seen the orange-tinted light" (a reference to the orange bitcoin logo) – it might be that the senator's office apparently takes a decidedly free-speech approach to moderating submissions to its flag request form.

Bitcoin Magazine has not responded to CoinDesk's request for comment. A call to a phone number listed on Warren's press release did not go through; a call to the senator's press office suggested reporters put their questions in an email; CoinDesk's emails to the press office for comment were not immediately returned.

Edited by Bradley Keoun.

Lecturas Relacionadas

Podcast Notes: Hyperliquid Has Become the Top Interest Point for Traditional Hedge Funds

Empire Podcast hosts Jason Yanowitz and Santiago Santos discuss the surging institutional interest in Hyperliquid, a decentralized perpetual exchange, marking the highest level of engagement from traditional hedge fund managers since Paul Tudor Jones endorsed Bitcoin in 2020. The primary driver is the demand for weekend trading of commodities like oil, especially during geopolitical tensions such as the Iran conflict, as Hyperliquid provides the only active price discovery venue when traditional markets are closed. Trade XYZ, a front-end on Hyperliquid, has seen significant growth, with weekend oil price predictions having a median error of only 50 basis points. Santos predicts commodity trading volume on Hyperliquid will surpass Bitcoin within the year and that its market cap could rise from $25 billion to $100 billion. Other key points include Kraken raising $200 million at a reduced valuation of $13.3 billion, and the SEC clarifying that self-custodied DeFi frontends like MetaMask are not subject to broker-dealer rules, resolving a major regulatory uncertainty. The hosts also note the strong correlation between crypto and macro markets, with the S&P 500 posting one of its best 10-day rallies since 1950. They highlight MicroStrategy's continued Bitcoin acquisitions and the potential of real-world asset (RWA) tokenization as a key trend. The discussion concludes with skepticism towards many L2 projects, predicting a wave of protocols truly going to zero as capital concentrates in proven assets like Bitcoin and Hyperliquid.

marsbitHace 2 hora(s)

Podcast Notes: Hyperliquid Has Become the Top Interest Point for Traditional Hedge Funds

marsbitHace 2 hora(s)

a16z: The Next Frontier of AI, The Triple Flywheel of Robotics, Autonomous Science, and Brain-Computer Interfaces

a16z presents a comprehensive investment thesis for the next frontier of AI: Physical AI, centered on a synergistic flywheel of robotics, autonomous science, and novel human-computer interfaces (HCIs) like brain-computers. While the current AI paradigm scales on language and code, the most disruptive future capabilities will emerge from three adjacent fields leveraging five core technical primitives: 1) learned representations of physical dynamics (via models like VLA, WAM, and native embodied models), 2) embodied action architectures (e.g., dual-system designs, diffusion-based motion generation, and RL fine-tuning like RECAP), 3) simulation and synthetic data as scaling infrastructure, 4) expanded sensory channels (touch, neural signals, silent speech, olfaction), and 5) closed-loop agent systems for long-horizon tasks. These primitives converge to power three key domains: * **Robotics:** The literal embodiment of AI, requiring all primitives for real-world physical interaction and manipulation. * **Autonomous Science:** Self-driving labs that conduct hypothesis-experiment-analysis loops, generating structured, causally-grounded data to improve physical AI models. * **Novel HCIs:** Devices (AR glasses, EMG wearables, BCIs) that expand human-AI bandwidth and act as massive data-collection networks for real-world human experience. These domains form a mutually reinforcing flywheel: Robotics enable autonomous labs, which in turn generate valuable data for robotics and materials science. New interfaces provide rich human-physical interaction data to train better robots and scientists. Together, they represent a new scaling axis for AI, moving beyond the digital realm to interact with and learn from physical reality, promising significant emergent capabilities and value.

marsbitHace 2 hora(s)

a16z: The Next Frontier of AI, The Triple Flywheel of Robotics, Autonomous Science, and Brain-Computer Interfaces

marsbitHace 2 hora(s)

Conversation with Bitwise Advisor: From K-Shaped Economy to AI Taking Jobs, How Can Bitcoin Save the Younger Generation?

Jeff Park, a macro strategist and advisor at Bitwise, argues that the traditional financial system is broken, particularly for young generations. He describes a "K-shaped economy" where asset inflation enriches the wealthy while leaving others behind, with unaffordable housing as a key symptom. Park explains that real estate is often a depreciating asset due to maintenance costs and taxes, yet it remains unattainable for many young people due to distorted demand from global capital flows. He proposes Bitcoin as a superior store of value—scarce, portable, and free from maintenance costs or excessive taxation. By diverting capital away from real estate, Bitcoin could help lower housing prices and increase accessibility. Park also discusses the decline of traditional "smart investing" (e.g., value stocks) and the rise of "ideological investing" in non-correlated assets like crypto, luxury goods, and collectibles. On AI, Park warns it could trigger extreme social inequality by eliminating jobs while boosting corporate profits. He believes this will push younger generations toward Bitcoin, not only as a hedge but also as a symbol of decentralization and data sovereignty—offering an alternative to centralized AI systems that use personal data without fair compensation. He advises a diversified portfolio with Bitcoin as a core holding to hedge against currency devaluation and systemic risk.

marsbitHace 3 hora(s)

Conversation with Bitwise Advisor: From K-Shaped Economy to AI Taking Jobs, How Can Bitcoin Save the Younger Generation?

marsbitHace 3 hora(s)

Trading

Spot
Futuros
活动图片