Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

CoinDeskPolicyPublicado em 2024-02-14Última atualização em 2024-02-15

Resumo

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.

Leituras Relacionadas

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

**Market Digest** **AI & Tech:** Anthropic is widely expected to announce an IPO before November 2026, raising questions about balancing its trillion-dollar valuation ambitions with its core "AI safety" mission. Brands are increasingly adopting AI-generated virtual influencers for marketing. Cloudflare introduced temporary accounts for AI agents to ease automation workflows. **Infrastructure & Hardware:** Google's IPv6 traffic surpassed 50%, marking a major internet milestone. Goldman Sachs warned that massive projected AI capital expenditure ($5.3T) is approaching credit saturation limits, potentially curbing the "AI arms race." **Space & Robotics:** SpaceX's IPO saw a historic $370M retail buying frenzy in three days. Hyundai Motor Group plans to acquire full ownership of Boston Dynamics. Elon Musk speculated about future "septillion-dollar" investments in antimatter for interstellar travel. **Energy & Geopolitics:** Iran's military announced another closure of the strategic Strait of Hormuz, accusing Israel of violating a ceasefire, causing oil market volatility. However, ship-tracking data indicated some traffic continued. Concurrently, Iran resumed crude loadings at Kharg Island, potentially releasing up to 20 million barrels to the market. **Finance & Macro:** A European CLO (collateralized loan obligation) experienced its first post-2008-crisis-era equity tranche default, raising alarms in credit markets. Nomura warned that new Federal Reserve Chair Wash's perceived hawkish debut speech could signal a significant policy shift. **The Undercurrent:** Seemingly disparate events—the Strait of Hormuz tension, the European CLO default, and warnings on AI spending—point to a tightening of global liquidity and rising marginal costs across energy, credit, and tech investment. Meanwhile, capital continues chasing grand narratives like space exploration and advanced AI, highlighting a divergence where old-world leverage frays as new-world stories grow more ambitious.

marsbitHá 12h

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

marsbitHá 12h

Trading

Spot
Futuros
活动图片