U.S. Senator Elizabeth Warren from Massachusetts, known for her critical stance on blockchain technology, has not suddenly embraced Bitcoin. Warren has consistently been an opponent of Bitcoin and cryptocurrencies, advocating for legislation like the Digital Asset Anti-Money Laundering Act to regulate their use by financial institutions.
Despite her history of opposition, there was a surprising moment this week when it appeared that Warren had approved a request for a flag to be flown over the U.S. Capitol in honour of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. This led to speculation within the Bitcoin community that Warren had softened her stance on the cryptocurrency.
BREAKING: Elizabeth Warren signs a certificate to honor #Bitcoin creator Satoshi Nakamoto with a ceremonial flag flying. “Americans are forever grateful.” 🇺🇸 pic.twitter.com/eOlQtbPLOL
— Bitcoin Magazine (@BitcoinMagazine) February 15, 2024
However, closer examination reveals that the incident was likely a publicity stunt orchestrated by Bitcoin supporters. It was pointed out that anyone can submit a request, along with a fee, to have a flag flown over the Capitol through Warren’s website.
While some took this as an endorsement of Bitcoin by Warren, it seems more likely that her office simply adheres to a free-speech approach in processing flag requests, as suggested in a tongue-in-cheek article by Bitcoin Magazine. The article humorously suggests that Warren has finally “seen the orange-tinted light,” referencing Bitcoin’s orange logo.
Bitcoin Magazine has not responded to requests for comment from CoinDesk. Attempts to reach Senator Warren’s office for comment were unsuccessful, with calls going unanswered and emails not immediately returned.
