Elizabeth Warren: #Bitcoin has no value because it’s not backed by governments, less valuable than art because you can’t “throw darts at it” 🧐

Super bad take. Like laughably bad. This makes me even more confident in my conviction.

She truly is a special kind of moron.

She's going to need an army of interns to hide behind after this horrific take. @SenWarren

It's hilarious that she still thinks government backing makes a currency valuable. She misses that the involvement of governments is exactly what we're all trying to get away from!! Governments ruin currencies. History does not lie.

judging by her answer about why she thinks #bitcoin is useless, you can tell she doesn’t understand it at all if you think #bitcoin  is useless because you think it’s not backed by anything, wait until you learn about fiat aka the IOU system.

This woman should really not be in politics.

WeThePeople decide what is currency, not a handful of government officials. We are who labor, we are who trade currency for one another’s labors, governments only receive. Governments purpose is only to protect OUR ventures. Receivers don’t decide anything. If WeThePeople want to make shiny pieces of stone out of our flower beds currency in exchange for OUR labors there is nothing the government can do about it except get their IRS goons to harass us in order to propagandize the rest of the world to make them think we are bad people doing bad things. Propaganda is a powerful tool and THEIR main tool to control WeThePeople and hinder progress.

No surprise. Out of touch old politician says out of touch old politician shit.