Monday, September 27, 2021
Home Crypto News Market Twitter CEO Jack Dorsey Un-Followed Senator Elizabeth Warren, Who Criticized Bitcoin

Twitter CEO Jack Dorsey Un-Followed Senator Elizabeth Warren, Who Criticized Bitcoin

- Advertisement -

Donald Trump and Senator Elizabeth Warren have one thing in common: Both Hate Bitcoin.


Twitter CEO Jack Dorsey Un-followed Senator Elizabeth Warren, who criticized Bitcoin (BTC) during the June 9 senate meeting focused on central bank digital currencies.

 

In his keynote address, the Massachusetts senator described the largest cryptocurrency as a “lousy investment” and a “haven for illegal activity.” Warren has also called for a restriction on “environmentally wasteful” Bitcoin mining, claiming it is a “disaster” for the planet. Contrary to Warren’s latest comments, Texas Senator Ted Cruz said Bitcoin has “a lot of potential”.

She Said:

One bitcoin transaction uses the same amount of electricity as the typical household uses in a month.  Wild swings in BTC value mean that Bitcoin is a terrible currency.

Twitter CEO Jack Dorsey, a longtime Bitcoin advocate, also reacted to these statements by Senator Warren. He said that he would leave his companies to work on BTC.

I don’t think there is anything more important in my lifetime to work on.

 

- Advertisement -
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

President Nayib Bukele: “Chivo Is Not A Bank, But In Less Than 3 Weeks, It Now Has More Users Than Any Bank In El...

Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied...

PortAventura World With 5.2 Million Yearly Visitors Becomes the First Theme Resort to Accept Bitcoin as Payment at the Hotels

The Spanish amusement and leisure park - PortAventura World - would be the first in its field to add bitcoin payments. The initiative would...

Currency.com reports 130% client growth in 1H 2021

Gibraltar, -, 27th September, 2021, Trading volumes soar by 197% on fast-growing European crypto platform affirming rising levels of crypto adoption among global investors  Currency.com,...

VanEck lists TRON ETN on Euronext Paris and Amsterdam

Singapore, Singapore, 26th September, 2021, TRON has announced that VanEck Vectors TRON ETN (VTRX) will be listed on the Euronext exchanges in Paris and...

Paul Pierce, Phil Ivey, Mr. Beast and Joe Lubin Tonight In Virtue Poker’s Awaited Celebrity Charity Poker Tournament

Xbiex, Malta, 26th September, 2021, Virtue Poker is excited to host The Celebrity Charity Poker tournament that commences tonight, September 26, at 11 pm...

Kawaii Islands Nets $2.4M In Private Token Sale For Its Anime Play-to-earn Metaverse

Tortola, British Virgin Islands, 25th September, 2021, Play-to-earn blockchain games continue to take the world by storm, and Kawaii Islands is ready to throw...

Microstrategy CEO, Michael Saylor On China Banning BTC And Crypto: “Nothing Has Created More Wealth In The Past Decade Than Technologies Banned In China”

Microstrategy CEO, Michael Saylor always shows that he is a faithful supporter of Bitcoin. Microstrategy currently holds 108,992 BTC. Michael Saylor is among the...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.