On February 15, an unconfirmed report circulated within the crypto group, suggesting that outspoken crypto critic and US Senator Elizabeth Warren had honored Bitcoin founder Satoshi Nakamoto with a ceremonial US flag. Nonetheless, that wasn’t the case, as extra context has been supplied relating to what occurred.
Warren Didn’t Precisely Honor Nakamoto
As highlighted by an X (previously Twitter) person, somebody (largely seemingly a troll) reached out to Warren’s workplace to buy a flag that will be flown in honor of Satoshi. Like each different Senator, Senator Warren has a dedicated website page the place anybody can go to and place a flag order.
Former US Consultant Jim Cooper had previously revealed that anybody may buy a flag that had flown over the US Capitol. Moreover, they might even request that they needed the flag be flown over the Capitol on a sure date to honor a person like Nakamoto. All such an individual needed to do was contact their US Congressman or Senator.
In the meantime, anybody who buys the flag additionally receives a certificates confirming that the flag was certainly flown over the Capitol. That explains why a certificates included Warren’s signature, contributing to the assumption that she had endorsed the Bitcoin founder.
Nothing Has Modified
With this revelation, Senator Elizabeth Warren stays probably the most outspoken critics of cryptocurrencies relatively than a Bitcoin convert like BlackRock’s CEO Larry Fink. Professional-XRP authorized knowledgeable John Deaton had once described the Senator because the “biggest threat” to crypto in the US.
Senator Warren had notably launched the ‘Digital Asset Anti-Money Laundering Act.’ Though she argued that the regulation would mitigate sure illicit finance dangers that crypto poses, many within the crypto group were vocal against the proposed laws. Coin Middle went so far as labeling the act an “unconstitutional assault” on digital belongings and stakeholders within the business.
Curiously, the crypto group isn’t simply sitting again; they’ve determined to take motion in opposition to the Senator. Particularly, members of the XRP group had urged Deaton, a long-term critic of Warren, to run in opposition to the Senator. Ripple’s CEO Brad Garlinghouse supported the push to get the lawyer to run for Senate.
Bitcoinist recently reported that Deaton would possibly reply the decision as he critically considers contesting for Warren’s seat. Senator Elizabeth Warren represents Massachusetts within the US Senate and has served since 2013.
Chart from Tradingview
