Bitcoin Forum

Don't tell me you have nothing to say about Elizabeth Warren, she is yet again throwing stones at crypto claiming that Russia can use crypto to evade sanctions, FUD? But it's said that Ukraine got up to 20million in crypto donations, why can't see just support this instead of FUD?

Cant really control what others would say regarding crypto. First and foremost, bitcoin is decentralized and if Russia using dex which has no jusirdiction by thr government cant really intervene on their thing if they wanted to use btc or crypto for that matter. Its just a simple gesture which should be ignore actually.

There is no way to avoid all this, if Elizabeth isn't doing it another person will the bitter truth is there will always be someone who will go against crypto tech and to be fair it's normal, such have to happen for crypto to prosper that's my own belief.

Doesn't matte if she will create a FUD because of the ongoing war. She is one just small point in the equation. I think the EO of Biden was what's important and we have heard it already, US has shown that they don't have a hard line stance onf crypto. So currently, the price for me is strong, although below $40k, but it didn't drop to the lower $30k, a indication that no matter what the negative sentiments on crypto specially equating it in war in EU, the price is not affected significantly.

yes you are right, any negative sentiment regarding russia-ukraine will not have much impact on crypto. everyone is more mature to judge. as long as there is no other bad news, the crypto market will remain strong. so FUD like anything, will not destroy the market.

Well, she is right the Russian Oligarchs can use Crypto to evade sanctions unless they can trace these oligarchs through centralized exchanges and these exchanges will cooperate, this is the strong point of Cryptocurrency it's decentralized no government has control over it if these oligarchs will plan to store their money in and avoid detection they can get away with sanctions.

I also sometimes get confused in interpreting all the FUDs that exist today because there is so much to read and understand well regarding Russia and Ukraine in conflict, because I still prefer to work in the market even though things like you said are also very important to understand because it does have an effect for today's market.

As a crypto supporter and i know what you feel about that. The fact if he was right about that. US has proposed a ban to the russian from using the cryptocurrency and so many order to freeze the crypto asset that owned by russian. It seems like he was trying even harder to push the centralized exchange site to follow the order that already made. That's why he was creating such FUD message.

I see that but this is the fact. Some parties may feel pros and cons with this. You can't dictate any of them to follow what you wanna hear.

Why do people care so much about minor politicians? I mean if she was a person that has power over the world, I would guess that it would have some merit to it, and it could cause something. She is not Biden, she is not Putin, she is not Zelenksy, she is not in Nato. She is a nobody. Ignore her, move on.

I am 100% certain that OP is a republican, and for some reason Republicans attack every single dmeocrat that says something bad, and vice versa, because democrats do the same on every single Republican. Just recently, a republican senator or a congress member said something along the lines of Russia being right, and dems cared about that a lot too. Just ignore them, they are puppets, they are nobodies in this world.

It's her opinion and we have different ones.
Her conspiracy theory could be wrong or right but that is just a theory. She could tell everywhere she likes about her claims but at the end of the day it's all on us if we believe it or not.
Same goes with those scattering FUD's all over social media. But their sources are not credible enough and there's no fact to back it up. So, just keep on scrolling.  :D

positive news and comments do not generate as much controversy and attention as negative and sometimes even malicious news/articles. 5 minutes of google tell me that this woman, Elizabeth warren, clearly doesn't like cryptos, she has an agenda and she's sticking to it by knowing very well that her comment has the potential to make cryptos look bad (as she inteded).

Btw, let's not call anything that we don't agree with "FUD". We all know that what she said is in fact true, it's far from being your run-of-the-mill FUD statement.

Power to the people, that's exactly what crypto gave us so someone opinion isn't powerful enough to turn the tide around, people love crypto technology and whoever that doesn't like it should say whatever they can, you can't fight against millions of people.

You can't please anyone. They'll look at the usage of crypto positive if it's for Ukraine and it's bad if it's Russia that uses it. I see that she's about to make a bill that will make crypto won't be used to avoid sanctions. How is she going to do that? Crypto is decentralized and even she creates a bill and it will pass as a law, it's funny to think that how a centralized body of government likely to halt or find a way to stop crypto transactions for specific use. Because in reality, they just can't.

That media has been used for this purpose for as long as i can remember, the goal is basically just to highlight crypto (most especially Bitcoin) as being negative/bad, it has worked to an extent, but not to the level they want it to cause only ignorant people who don't do their research just believe absolutely everything they see on the internet. I personally would ignore Elizabeth Warren and her statements, it really isn't important and doesn't mean anything in the grand scheme of things, so let's not place too much importance on that.

Elizabeth who? I don't live in US so I am not sure who she is, but I don't care what kind of FUD is she saying to crypto. Everyone can just say anything to crypto, even your neighbor next door could say the same thing or even the random stranger in the basement. It's just how people are in the internet. Hypocrites, FUD spreaders, or even fake news spreaders, they're just everywhere and the only solution to this is to never follow these people whoever they are.

Elizabeth is free to express her opinion about the encryption and we can't blame her for her actions. Because she is not a fan of digital currency at the moment, she may change her mind tomorrow  ;D

There is nothing to do, bitcoin is a threat to them and they know it so they are not going to waste a single opportunity they may have to talk negatively about it, is it fair? Not really but that just the world in which we live in.

The truth is that bitcoin is doing exactly what it should be doing, bitcoin is not part of the fiat system and it has its own network so it is completely natural that it can be used to avoid the sanctions that the US is imposing to Russia, however it is not as if the Russian government is incredibly friendly to bitcoin either, they are just using it right now because it is a tool they need at the moment, but as soon as that is not the case then they will change their posture really quickly.

I really don't want to get to know Elizabeth Warren and really don't want to know what impact it will have on crypto. No matter how many times he talks about the negative side of the crypto market. Remember cryptocurrency is freedom especially Bitcoin and no one can dictate to anyone for this. Except for the policy of the country where the witch Elizabeth Warren lives. Anyway, the fact is we still make over $30K. He asks who can spread FUD so easily, after all he will never say anything.

To be honest im not supporting the war as this creates so much fear. I would not be surprised to see that she will be saying that. The fact that if russians have been using crypto as a way to store their value. RUBLE was decreasing a lot and they are feeling fear with it. She is true but it's not all what she said was totally true. I think that you must not mention the donation as it's created by ukraine regulators itself. It has nothing to do with elizabeth warren.
Rusia can also seek donation. This is the country's right whether it wanna try to get funding from the donations or not.
She was standing for US while we know that if RU was an opponent for US. It can be considered as FUD for crypto users but i think that's the fact.

I do not really care what she thinks but it's not about her opinion about crypto or decision to speak against it. It's more about her hypocrisy as pointed out in the post. Crypto donations to Ukraine is all over the news and it's impossible for her not to have heard or read about it.

That is true, if she is not doing it, there will always be someone else who is out there sharing negative thoughts about Bitcoin. It is a normal thing that is always bound to happen. Starting from the first time that I got to know what Bitcoin is all about, there has always been people who never say anything good about Bitcoin, they always try to discourage others with every slightest opportunity they get.

So, it is nothing new to me, and moreover not everyone would be part of the Bitcoin market, it’s just meant for the people who truly understands it and value what they have.

People like Elizabeth Warren will only have to use bad crypto projects as their excuses that crypto is bad generally, yea I know there is no way to get rid of bad projects or scam projects in crypto space but she needs to understand what BTC can do for people, instead of going after crypto in general she should use that energy on bad projects.

I always ignored the statements of such people who, in my opinion, are far away and who do not understand everything very well. But all the same, they shout at every convenient speech about the dangers of something in which they do not understand. So I'm not interested in that opinion.

Elizabeth Warren is just one "hater" who doesn't understand what crypto is truly about. Same thing goes for Warren Buffet and Donald Trump. They are the old generation which quickly rejects innovation because they're comfortable with the old banking system. It doesn't matter what the minority says against crypto, as long as there's a loyal community supporting it every step of the way. Decentralization and censorship-resistance will ensure crypto will last for generations.

One thing for sure is that Bitcoin's been the best-performing crypto asset since its inception, with gains never before seen in history. There's been a lot of criticism against Bitcoin and other cryptocurrencies, yet they're still standing strong to this date. With many countries opening their arms to crypto/Blockchain tech, it should only be a matter of time before we experience a cashless society. Just my thoughts ;D

It's been like this ever since some people will shill other people will create FUD Cryptocurrency because we have to admit that Cryptocurrency has its own advantage and disadvantages and this is where shillers and FUDSTER get their opinion if they are against Cryptocurrency they will always find fault because they failed or just ignore the beauty of decentralization.

Even if the whole world accepted Cryptocurrency and this will not end there are still people loyal to centralization, this war only shows the advantage of using Cryptocurrency it's a safe haven for citizens whose country is involved in war.

This is why USA will soon regulate cryptocurrency so they can still impose sanctions to Russia, this is not a FUD more likely a scenario that many countries will soon regulate. Russia will of course use Cryptocurrency as an alternative and they are already on process for this, once they make this legal we can expect a good pump but hoping that regulations wont hurt crypto users.

It is because people pay more attention to FUDs and negative news. But how is this FUD when Russia can use crypto currencies to evade sanctions? I mean doesn't it prove that Crypto currencies are more superior than fiat currency and no government or anyone can stop anyone from using their own money? Doesn't sound like an FUD but more like people should be FOMOing because Russians will be ditching their fiat currency and start using bitcoin.

You are right! When it comes to words to be spoken then all of us does have the freedom of speech even if they would be saying up thing which is against on the main principle of bitcoins existence
then let them be because the people or community around isnt really that easy to believe and would be reacting into these times. Those words wouldnt really be that too influential.
Bitcoins purpose could really go into some extent because it is just a digital currency which everyone could make use off without any interventions.

Everyone is free to have their own opinion about Bitcoin, you can’t really change that. There will always be people who are out there to say bad about Bitcoin, they are always blinded by hatred and would never see the good things that the cryptocurrency community is doing, they are only going to be seeing the bad ones instead.

Although I am not saying that it’s wrong for someone to point out something they feel is not right, because if they never point out the wrong things then there would be no way for us to know all those things and try to fix them up. So whatever she wants to say, she’s free to say it, she is not the only one that has made such comments, there have also been other people who has been saying that Russia would use Bitcoin as a way to evade sanctions. But, one thing I know for sure is that whatever they’re all saying, it won’t affect Bitcoin.

Not necessary but up to you if you want to know her personality on what makes you think why he hate crypto. I think he doesn't hate crypto and he doesn't spread fud but you guys only misunderstood what he said.

I think what he mean is Russia can still escape some sanctions given to them and he don't want this to happen because he wants Russia to see suffer a lot but it seems Russia is too brave to answer this, this is why they are now planning to shutdown their internet. It was like they are saying that they don't care about cryptos. The crypto donation in Ukraine can serve as a counter for any negativities including fud, there's no need to worry.

Of course. Not everyone will find Bitcoin attractive. Some will hate it, while others will embrace it for their own benefit. Opinions won't affect Bitcoin thanks to its decentralized and censorship-resistant nature. There are many people supporting the Blockchain, so it should be able to last for a long time (probably forever).

As expected, Elizabeth Warren is a government official so it's normal to see her opposing Bitcoin. Her opinion doesn't matter as long as the majority is with Bitcoin. People should focus on what matters most which is maintaining Bitcoin's decentralization. As long as this is prioritized, there should be nothing to worry about. Just my opinion :)

Turns out that the decentralized idea of Bitcoin goes way more than what it means. Imagine if Bitcoin was not decentralized, then the so-called "Cancel Culture" will just start to say crap to it especially in Twitter.
Bitcoin is one of those "you won't lose anything" if you embrace it.

That is what the politicians like to do, they try to cherry pick on every single issue to try to get an advantage at a later time, but this is not going to work against bitcoin, bitcoin is just a tool and like any tool it can be used for good or evil and whichever decision people take it is not the tool that somehow is at fault for what happens afterwards.

So I have no doubts that if Russia uses bitcoin to reduce the burden on the sanctions used against it then the US will use this to try to create even harsher regulations against bitcoin.

And I don't think that Russia will shift to crypto or bitcoin to escape the sanctions. They already have a wise idea, sell their oil at a cheap price to countries not ally or ally with them. So who wouldn't want that? Except maybe the repercussions is that the West might sanctions those who are going to buy oil, so another politicking. Anyhow, as I have said, Russia has many ways still up their sleeves that's why I don't see crypto as their best options to evade the embargo on them.

I am not from the United States and therefore also not really familiar with all their politicians but if i remember correctly then this is also the same person that proudly declared herself as a native american? If that is the case then it should already be clear that this person is saying stupid stuff from time to time or maybe even all the time because she is as white as it can get. Her statement this time is kinda true though, cryptocurrencies can be used to transfer funds from one person to another even if one of those persons or institutes is a target of a sanction like we see it now in the ukraine war. So yes it is kinda true that you can not really sanction cryptocurrencies and that is a big plus of cryptos in my opinion.

Everyone has the right to their opinion, you can't force her to understand or see reason why she should support btc if she doesn't want to.
It is difficult to convince people like this until they come to experience it first hand, only then will they have a change of opinion.
The whole world already witness how btc  and other crypto becomes the only currency use for donations, even if she pretend not to notice, try to ignore it, history has already been made and there is no denying it. Soon she will come around, most of the btc haters are now btc lovers.

Obviously they cannot escape all the sanctions they has been imposed to them with bitcoin, but as long as they can use it to diminish the impact of the sanctions, even if a little bit, that is going to be more than enough.

But their tactic of selling oil for a cheaper price is without a doubt a good one, after all countries not involved in the war will be happy to buy it, and even if the US does not like this there is nothing they can do, because if they threatened other countries with sanctions then they will be the ones that will seem to be tyrannical in their approach, as if you do not think and do what they want then sanctions will be imposed on you.

Of course. Everyone has their own opinion about Bitcoin. Some people say Bitcoin is the future of money, while others say it's a scam. It really doesn't matter what a few people say as long as the majority is with Bitcoin. Despite heavy criticism against Bitcoin, the Blockchain's still standing strong after all these years. That's thanks to the decentralized and censorship-resistant design of Bitcoin. If it was centralized, a negative comment from a politician like Elizabeth Warren would've destroyed it already.

Most politicians hate Bitcoin simply because they support big banks and the current economic system powered by Fiat. Constant opposition is to be expected as Bitcoin and other cryptocurrencies become extremely popular worldwide. As long as decentralization is preserved, nothing else matters. Just my opinion :)

Ignore people who have less idea about crypto its a waste of time, it's not their fault that they are spreading false claims about something they don't understand though, my advice is do not let their point of view affect your own, in future, they might have a change of heart.

She is not the first that started FUDing crypto, some persons are under influence by powerful forces to trash Crypto but crypto always move past them quickly. Secretly they may be holding cryptocurrencies. Russians have been sanctioned enough and that is enough to bring their economy down.

I wouldn't call it FUD though, maybe she is just voicing her own opinion, maybe she is one powerful Senator in the US and has hatred on crypto or even Russia. But her bill will have to passed first, and she knows it is going to be difficult for her.

And it's not just crypto that she is targeting, even oil companies that is making or taking advantage of the war situation by increasing their prices are under her radar. But then again, as I have said, bitcoin and the rest of crypto is too big to fall right now and not even a US Senator can stop it.

You are being too optimistic, while the majority of those that oppose bitcoin do so from a position of ignorance, those in positions of power understand very well what bitcoin is about and that it is why they oppose it.

They see bitcoin as a threat, and in a away they are right, while we talk about scams, rug pulls and Ponzi schemes, the fiat system is by far the biggest scam ever which allow the rich and powerful the steal from the rest of the population, and bitcoin will not allow those people to keep doing this, so it is natural they are opposed to it.

Either Elizabeth Warren hates crypto or she's simply pretending hate it in order to protect the image of the US Dollar. She's a government official, so it's normal to see opposition against crypto from someone in that position. It really doesn't matter what she or anyone else say against crypto as long as decentralization wins in the long run. It's been nearly 13 years since Bitcoin's inception, and it's still going strong despite criticism from haters all around the world. Some say crypto is a means to avoid sanctions, others say it's a tool for money laundering and terrorist financing, while others say crypto is a scam or a sham.

Words are simply words and they don't have any direct effect over crypto's prominence in the mainstream world. Crypto will be able to stand the test of time if it preserves decentralization/censorship-resistance. Who knows if it beats Fiat someday? Just my opinion :)

Of course, support to various parties through crypto is possible, and this also happened in the war between Russia and Ukraine. Crypto is a currency that is easy to send and cannot be blocked by various parties. Except in those countries cannot cash out crypto to Fiat.

The most ironic thing of all is that while some think that bitcoin needs to beat fiat to ensure its existence, the truth is that this is not necessary because fiat is going to beat itself, the only thing that bitcoin needs to do as you stated is just to remain decentralized as it is right now and that is more than enough to outlast the current fiat system.

After all once the fiat system goes down there are only two alternatives the world governments can take, the first one is to move to a more stable currency backed by gold or even bitcoin or move to a world in which we use several currencies as reserve currencies, and with Russia asking for Rubles for gas payments it seems we are moving towards the latter rather than the former, but such a system will be even more unstable than the one we have right now so eventually they will have to make a move towards gold, but that will be the same as admitting that hard money is superior to fiat which will bring a great deal of people to this market during that period of crisis.

Of course. Fiat will ultimately see its demise as inflation continues to rise like there's no tomorrow. I doubt banks will be able to keep the current economic system afloat by increasing the supply in the long term. If Fiat as we know it collapses, then two things might happen. Either decentralized cryptocurrencies take over the global economy, or there's a "global reset" where Fiat starts anew as a digitized system (through the launch of government-backed digital currencies or CBDCs). I think the latter scenario is most likely to happen leading us with a clash between the decentralized and centralized worlds. I'm fine with that as long as people have an "escape route" from the clutches of evil corporations, banks, and governments alike. Just my thoughts ;D

Exactly, given that cryptocurrencies are decentralized, it is under no jurisdiction by any countries unless there is a law to the contrary. With regard to the situation in Russia, as far as I know, the country is accepting and heavily considering making cryptocurrencies as an alternative mode of payment in order to address their economic and financial downfall.

Again, this is how cryptocurrencies operate in the first place. With no regulation or authority, cryptos can be transacted from one place to another without worrying too much on how and who sent it.

Right, I forgot that scenario, it is possible the governments are introducing CBDCs right now in order to make people aware of them and then replace the fiat system with CBDCs while arguing that is better than the previous system.

However at that point their credibility will be at an all time low, since who is going to trust that the ones that caused the problems also have the solution to it? If that was the case then the collapse of the fiat system will not have happen, so I hope that at the time people can see behind the lies and they refuse to adopt those centralized shitcoins.

On the contrary, I've heard that she is toning down as far as her crypto stance is. So maybe down the road we might see a complete U-turn and they might have to accept crypto because it has a lot of good use case and not just for illicit activities or Russia using it to circumvent the sanctions against them. She is though pro-CBCD so I don't see anything wrong with it.

Honestly, I am not aware of who is this Elizabeth Warren is I have to Google her to find out who she is so she is a senator of the US we are not threatened by his remarks or his opinion, we all know politicians come and go but Cryptocurrency is till here and will be here to stay long after these politicians are gone, there have been so many FUDS in the past coming from presidents and kings but Cryptocurrency is still here.

Just ignore any FUD that was happening around it. You must remember that if there will always any parties who will be hating cryptocurrency. We have experienced so many FUD happened around us. This FUD will not give any impact to the crypto market in long term. Only stupid people who will be seeing it as a potential statement to be real. So many people have been ignoring any FUD that came from so many regulators and governments.
It seems like that we will be getting more FUD due to the various reasons. Just ignore it and crypto is find even with so many FUD.
Crypto is even stronger caused by that.

Have seen people talking negative about it in the first case and later on turning their support for it because they see profits in them which is what they want at the last.The first thing is your decision and thinking should not be influenced by anyone else.We all cannot have the same viewpoint so how can we make decisions based on others opinion? Make your own ways but first DYOR which is essential in this crypto market.

Elizabeth Warren's opinion has no impact on the industry, he can create more FUDS and it will not matter, I don't know of anyone who can create a FUD and make an impact in the community in a bad way, just let them and ignore them and support projects that you think will have potential and continue to support top coins and new concept, we are in a point where the technology is now unstoppable.