The post War On Bitcoin: Sen. Warren’s Covert Agenda For CBDC Supremacy Exposed appeared on BitcoinEthereumNews.com.

Elizabeth Warren, the US Senator known for her staunch opposition to cryptocurrencies and Bitcoin (BTC), has faced criticism from industry insiders who believe her motivations go beyond concerns about “illicit finance.”  Two prominent figures in the crypto industry, Sam Lyman, Director of Public Policy for Riot, a Bitcoin mining company, and Caitlin Long, Founder of Custodia Bank, have shed light on what they perceive as Warren’s true intentions in her fight against Bitcoin and other cryptocurrencies. Plot To Destroy Bitcoin In Favor Of CBDCs? Lyman asserts that Warren’s ultimate goal is to dismantle Bitcoin and pave the way for introducing a Central Bank Digital Currency (CBDC). He points to Warren’s focus on crypto money laundering and her introduction of the Digital Asset Anti-Money Laundering (AML) Act as evidence of her underlying agenda.  Lyman argues that her bill, if passed, would impose impossible burdens on miners, validators, and wallet providers, effectively crippling the industry within the United States. According to Lyman, Warren’s excitement about the prospect of a CBDC was evident when “she let her guard down” during an interview, coinciding with the month she introduced the crypto AML legislation.  Lyman suggests these two aspects are intricately linked, indicating Warren’s enthusiasm for a government-controlled digital currency. Warren’s Control Over Financial Appointees Lyman’s assertions are echoed by Caitlin Long, who responded to his statement on X (formerly Twitter) by claiming that Warren’s control over financial services appointees within the Biden Administration is part of her orchestration of “Operation ChokePoint2.0” to facilitate the rollout of a US CBDC. Long suggests that this knowledge has been “an open secret” in Washington, D.C., since January. Industry experts argue that Warren’s anti-crypto legislation and Warren’s influence over financial services appointees serve as steps towards achieving her ultimate goal of eliminating competition and establishing a government-backed digital…

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Filed under: News - @ November 23, 2023 7:14 am