Elizabeth Warren, Progressives Should Love Bitcoin

August 16, 2021

Dear Senator Warren,

I am a fan. I think you are very smart, and you genuinely care about building a more equitable society.

But respectfully, when you talk about Bitcoin, you sound silly.

Bitcoin is not powered by a “shadowy faceless group of super coders.” It is not a “scam,” it is not “bogus digital private money,” it is not “highly opaque,” and it is not built to “assist criminals.”

Rather, Bitcoin is the most democratized form of money ever created. Nobody owns or controls Bitcoin, and everyone can take part.