Imagine living in El Salvador and having Elizabeth Warren tell you that using Bitcoin will destroy the planet. Then consider the energy used by US banks, the US military, and the US government, all to protect a US dollar that aims to destroy every other currency. ADOPTION
There are some policy ideas I agree with Elizabeth Warren on, but her statements on Bitcoin yesterday were so laughably stupid.
It made me think of her analysis of the final season of Game of Thrones, which she called “sexist.” Now, there are some good critiques of the way the show ended, but that was an example of Warren just hopping on some bandwagon of internet outrage. Probably never even watched GoT. Her thoughts on Bitcoin are equally ignorant.
By the way, you know what consumes more fuel and electricity than most countries? The US military by itself.
Edit: I should add that, I do believe cryptocurrency must and will become greener. It’s just that it is a complicated and nuanced subject involving entire energy infrastructures and, in this case, she sounds incredibly ignorant.