The Empire Strikes Back: Elizabeth Warren Chases Bitcoin

China stops mining and begins censoring crypto exchange terms while U.S. senators and CFTC commissioners attack crypto.

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In a week of optimism from El Salvador, of course, there had to be another side of the story.

In today’s episode, NLW looks at three examples of the existing power structure battling the rise of crypto:

  • China is stopping mining in two provinces and censoring exchange-related terms on Baidu and Weibo
  • The extremely negative comments made by a CFTC commissioner on decentralized funding
  • Sen. Elizabeth Warren’s violent attack on Bitcoin from yesterday’s Senate Banking Committee hearing

Is Bitcoin Just Another Partial Problem?

See also: Elizabeth Warren, US lawmaker to put Bitcoin on trial at Senate CBDC hearing

Photo credit: Tom Williams-Pool / Getty Images / Getty Images News

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