Elizabeth Warren Claims Bitcoin is Fueling Climate Change, Supports Federal Reserve Creating a Crypto Instead (VIDEO)

Kooky Massachusetts Senator Elizabeth Warren told a Senate Banking Subcommittee that Bitcoin is fueling climate change. Warren called for the government to confront crypto threats “head on,” while saying a Federal Reserve-backed digital currency shows “great promise.” “Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis,” she said during the… The post Elizabeth Warren Claims Bitcoin is Fueling Climate Change, Supports Federal Reserve Creating a Crypto Instead (VIDEO) appeared first on The Gateway Pundit.

Elizabeth Warren Claims Bitcoin is Fueling Climate Change, Supports Federal Reserve Creating a Crypto Instead (VIDEO)

Kooky Massachusetts Senator Elizabeth Warren told a Senate Banking Subcommittee that Bitcoin is fueling climate change.

Warren called for the government to confront crypto threats “head on,” while saying a Federal Reserve-backed digital currency shows “great promise.”

“Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis,” she said during the hearing. “The threats posted by crypto show that Congress and federal regulators can’t continue to hide out, hoping that crypto will go away. It won’t. It’s time to confront these issues head-on.”

Thankfully, Republicans pushed back on her desire for a government run crypto.

“We don’t need a state-sponsored bank interfering with this successful free-enterprise system,” said Senator Pat Toomey, who openly rooted for continued growth in existing cryptos.