The Biden administration and Democratic figures like Senator Warren are facing criticism for their stance on cryptocurrency, particularly Bitcoin. Concerns have been raised about potential government overreach and threats to financial privacy and freedom. Senator Lummis and industry experts have expressed alarm over the Department of Justice's actions and its impact on self-custody of digital assets. The debate highlights the growing tension between regulators and the crypto community.
The CIA whistleblower took to Twitter to issue a "final warning" on Bitcoin privacy, amid a widespread U.S. crackdown on privacy projects. Read more: https://t.co/RN1g4fXD1U
This week the DOJ criminalized the devs of an app that restores financial privacy. Financial privacy is essential for a free society. I had a brief chat back in 2020 with @Snowden about the need for privacy in bitcoin. https://t.co/FBDSqqpvXJ https://t.co/X2nNPJYSgc
The SEC regulation by enforcement & crusade vs crypto is accelerating "Everyone talks about Gary. It's not him. It's ALL Elizabeth Warren. This was a pro-crypto guy, why do you think he changed his mind?" - @wagieeacc RT so we don't re-elect someone building an anti-crypto army https://t.co/wEtYyWq73P
This is one of the most important issues in crypto today @SenLummis recently tweeted "I'm deeply concerned by the Biden admin criminalizing core tenants of the BTC network & Defi" @wagieeacc makes the case that Sen. Warren is the puppet master leading the crusade against crypto https://t.co/IhVi0owtHG
Messari CEO Criticizes US President's #Crypto Stance, Foresees 'Mass Wealth Confiscation' if Biden Gets Reelected https://t.co/s3xkrMbKZF
"I am deeply troubled by the Department of Justice's hyper-aggressive argument that non-custodial software can constitute a money transmission service," the senator said. https://t.co/osR2058Pwi
Bitcoin advocate @SenLummis says the Department of Justice's position on self-custody "contradicts existing Treasury guidance" and "violates the rule of law." Click to read: https://t.co/sL7XFAD398
Financial privacy, freedom, and #Bitcoin are under assault in the US. In response, @intangiblecoins offers a solemn warning to policymakers: “If we drop this ball, somebody else will pick it up and we might not like the way they play the game." https://t.co/DGXeHG0CBI
Biden, Warren, & the Democrats want totalitarian control over your money, economic lives, and property. This is most obvious in their visceral hatred of Bitcoin, crypto, & self-custody of digital assets. Even if you don't care about crypto, it's worth paying attention to how… https://t.co/KbzkBWPBU3
The Biden administration is trying to destroy crypto https://t.co/LJgMlE6jy7