{"id":1457513,"date":"2024-02-15T16:40:00","date_gmt":"2024-02-15T21:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1457513"},"modified":"2024-02-15T16:40:00","modified_gmt":"2024-02-15T21:40:00","slug":"youll-never-believe-what-senator-elizabeth-warren-just-did","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/youll-never-believe-what-senator-elizabeth-warren-just-did\/1457513\/","title":{"rendered":"You’ll Never Believe What Senator Elizabeth Warren Just Did"},"content":{"rendered":"

You’ll Never Believe What Senator Elizabeth Warren Just Did<\/span><\/p>\n

\n

As far as we can tell, this is not ‘The Onion’, not ‘Babylon Bee’, and it’s not the first of April…<\/p>\n

After years of vilifying Bitcoin as money for criminals, terrorists, and climate change deniers, Senator Elizabeth Warren (D-MA) honored Satoshi Nakamoto for the 15th anniversary of the network\u2019s launch with a commemorative flag flown over the United States Capitol, unveiled by NYC’s PubKey.<\/strong><\/em><\/p>\n

<\/a><\/p>\n

Bitcoin Magazine’s Mark Goodwin reports that<\/a> in an unexpected turn of events, Elizabeth Warren, the long-time adversary of Bitcoin on Capitol Hill, has seen the orange-tinted light and quite literally raised a flag to praise the work of Bitcoin\u2019s anonymous creator, Satoshi Nakamoto, celebrating 15 years since the network launched.<\/p>\n

<\/a><\/p>\n

In participation of the\u00a0Capitol Flag Program<\/a>, Senator Warren\u2019s office submitted a request to commemorate Nakamoto\u2019s accomplishment of creating the first \u201ctruly inclusive financial system,\u201d<\/strong> with the colors of the United States being flown above the Capitol on December 18, 2023 \u2013 a date known to Bitcoiners as HODL Day.<\/p>\n

While the sudden embrace of Bitcoin by the Massachusetts Senator may seem a surprise, her career-long rhetoric about fighting for the financially under-served has finally taken shape within this tangible statement.<\/p>\n

As if speaking to her campaign promises to champion the working class negatively affected by corruption within both the government and the banking sector, the certificate produced by the Architect of the Capitol in recognition of the flag notes the \u201cnew economic freedoms to populations previously ignored by both private and public institutions\u201d brought forward by Nakamoto\u2019s Bitcoin.<\/strong><\/p>\n

The Senator\u2019s office filing for the flag flying itself was noticed by friends of\u00a0Bitcoin Magazine<\/em>,\u00a0PubKey<\/a>, who are holding a public event in New York City this evening, February 15, at 6:00 PM EST, to unveil not only the story of the flag, but the flag itself, complete with a dramatized reading of\u00a0the infamous December 18, 2013 post on BitcoinTalk<\/a>\u00a0that immortalized \u201cHODL\u201d within the Bitcoin lexicon from actor, comedian and Bitcoiner T.J. Miller.<\/p>\n

Prior to the event itself, an X (formerly Twitter) Spaces hosted by\u00a0Bitcoin Magazine<\/em>\u00a0and PubKey at 4:30 PM EST will further tell the story of how Satoshi\u2019s Flag and Warren\u2019s endorsement came to be. Much like during the mid-1770s, freedom-focused bars such as PubKey play an important role in socializing the ideas and stories that make up a revolution.<\/p>\n

Thomas Pacchia, Co-Founder of PubKey, made note of the Senator\u2019s pivot when speaking with\u00a0Bitcoin Magazine.<\/em>\u00a0<\/p>\n

\u201cThis is a historic moment for how politicians in Washington view the promise and inclusivity of the Bitcoin protocol. What politicians do is much more important than what they say.\u201d <\/strong><\/em><\/p>\n

Her website describes her as \u201ca leading voice for consumer protection, financial reform, and social justice,\u201d and her recent action of promoting Satoshi\u2019s work seems to be in total alignment with her stated political mission.<\/p>\n

<\/a><\/p>\n

Only one week before Warren ordered the flag flown, the Senator\u00a0introduced legislation<\/a>\u00a0to give the Treasury more tools to restrict the criminal usage of Bitcoin, making bold comments that they \u201cneed new laws to crack down on crypto\u2019s use in enabling terrorist groups, rogue nations, drug lords, ransomware gangs, and fraudsters to launder billions in stolen funds, evade sanctions, fund illegal weapons programs, and profit from devastating cyberattacks.\u201d<\/strong><\/p>\n

She even went so far as to make note of creating \u201can anti-crypto army\u201d in\u00a0March of last year<\/a>, in her bid for reelection. Warren had\u00a0co-authored a letter<\/a>\u00a0to Fidelity CEO Abigail Johnson in May 2022 raising concerns about putting Bitcoin within their 401(k)s, stating that, \u201cInvesting in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans\u2019 retirement savings.\u201d\u00a0<\/p>\n

Now that U.S. regulatory agencies such as the SEC have allowed the approval of 11 spot\u00a0Bitcoin ETFs<\/a>, including Fidelity\u2019s FBTC, Warren has changed her tone,<\/strong> recognizing the immense economic freedom brought about by such a novel technology, and now joins a growing group of elected officials throwing their name behind Nakamoto\u2019s protocol.<\/p>\n

Bitcoin Magazine<\/em>\u00a0and PubKey encourage Bitcoiners to take polite note of this change of heart by reaching out to\u00a0Warren\u2019s office directly<\/a>, as well as tagging her X (formerly Twitter)\u00a0handle<\/a>, and thanking her for championing Satoshi Nakamoto and recognizing him as the hero he is.<\/p>\n

*\u00a0 *\u00a0 *<\/p>\n

Of course, the socials were shocked…<\/p>\n

This Matrix is getting weirder<\/p>\n

\u2014 Yugocana (@0to1bitcoin) February 15, 2024<\/a><\/p>\n

This has to be fake news<\/p>\n

\u2014 Bagman (@Bagman365) February 15, 2024<\/a><\/p>\n

am I missing something here???? da fuq<\/p>\n

\u2014 tom morris (@yungtommorris) February 15, 2024<\/a><\/p>\n

Quite what prompted this full 180 in her views of bitcoin is unclear but speculation is centering on three main threads:<\/p>\n

1) Uber-liberal, globalist donor Larry Fink<\/strong> (whose company BlackRock now maintains 109,000 BTC – worth ~$6 BN – under its new ETF) tapped her gently on the shoulder about how much money can be made from rent-seeking on this stuff…<\/em><\/p>\n

<\/a><\/em><\/p>\n

2) Polls <\/a>suggested she is on the wrong side of history<\/strong> with regard to personal sovereignty and voters matter (to some degree)…<\/em><\/p>\n

<\/a><\/em><\/p>\n

3) CBDCs <\/strong>are imminent and somehow bad-mouthing this blockchain-backed asset does not align with the centralized power and control that a Digital Dollar would give her and her pals.<\/em><\/p>\n

Finally, we are in wonderment that this ‘commemoration’ comes less than 24 hours after a US Treasury official admitted that terrorists are not using crypto to blow the world up, they prefer the good ol’ USDollar for that.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nThu, 02\/15\/2024 – 11:40<\/span><\/p>\n

\u200bRead More<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

You’ll Never Believe What Senator Elizabeth Warren Just Did As far as we can tell, this is not ‘The Onion’, not ‘Babylon Bee’, and it’s…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1457513","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1457513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1457513"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1457513\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1457513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1457513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1457513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}