Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back

**U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are the “wild west” of investments and called for a regulatory crackdown on the industry. Some on social media were quick to bite back, however, pointing out Warren’s flawed logic and perceived hypocrisy.**


View Reddit by gulasch_manView Source


Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings


  1. i’ve run out of popcorn with the constant bitching about crypto and energy use in PoW

    it’s about as boring as abortion arguments from pro life protesters on keeping ‘the sanctity of life’



What do you think?

Great success for Pax Gold and Tether Gold

Great success for Pax Gold and Tether Gold- The Cryptonomist

White House Advisor HOlding $5M in Bitcoin, how much more news do we really need to know the true value of BTC. It sucks that everyone is saying that Crypto is bad meanwhile everyone with money holds millions worth