Dogecoin founder Shibetoshi Nakamoto has publicly challenged US Senator Elizabeth Warren’s anti-cryptocurrency stance. Tesla CEO Elon Musk expressed his agreement, adding weight to Nakamoto’s remarks.

DOGE founder calls out senators for anti-crypto stance

Speaking on Squawk Newsmaker, Warren publicly announced her anti-cryptocurrency stance, pointing out the potential threat of using digital currencies for nefarious purposes.

“There’s a new threat out there, and it’s cryptocurrency, and it’s being used for terrorist financing, it’s being used for drug trafficking. North Korea is using it to pay for about half of its nuclear weapons program. We can’t let this continue,” Warren said.

The senator’s statement was posted by Watcher Guru on X. In response to Warren’s remarks, Dogecoin founder Billy Marcus, also known as Shibetoshi Nakamoto, posted a series of tweets opposing her claims.

Nakamoto accused Warren of being hostile to the people and favoring the traditional banking system.

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“Elizabeth Warren loves banks, loves multimillionaires (because she’s very wealthy now), and hates people. Young Elizabeth Warren will declare that the current Elizabeth Warren is the enemy of the people,” Nakamoto said.

He also added that Warren is "the greatest threat to the middle class, democracy, and human intelligence."

In response to Nakamoto’s statement, Tesla CEO and TokenX owner Elon Musk expressed his support for the Dogecoin founder’s views, tweeting “correct” under Nakamoto’s post.

Community launches fierce attack on senator’s crypto terror financing remarks

The cryptocurrency community has actively opposed recent statements made by Senator Elizabeth Warren linking cryptocurrencies to potential terrorist financing.

One X community member, who believes that fiat currencies such as the U.S. dollar are primarily used for terrorist financing, rather than cryptocurrencies, concluded in his statement that the senator is actively trying to restrict freedom by criticizing cryptocurrencies.

X community member said, "Go into any prison around the world and ask drug dealers/lawbreakers what they use to transact. 99.99% of them will tell you fiat currency, such as the US dollar. Elizabeth Warren is a threat to freedom and democracy."

Another community member suggested that the senator’s statement could be a deliberate attempt to discourage cryptocurrency investors just as the cryptocurrency market appears to be on the verge of a major bullish rally.

Member X said, “The timing of these statements over the past few days has been incredible. The entire crypto market has not been this bullish on HTF in years, and now they are doing everything they can to scare off retail, and we are quickly on the brink of a major campaign.”#加密立场  #沃伦