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22 June 2021

Senator Warren Calls Out Bitcoin's Energy Consumption — Bitcoiners Bite Back – Bitcoin News

Senator Warren Calls Out Bitcoin's Energy Consumption — Bitcoiners Bite Back – Bitcoin News


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Senator Warren Calls Out Bitcoin's Energy Consumption — Bitcoiners Bite Back – Bitcoin News.

Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing.

In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate.

Warren also thinks cryptocurrencies are the “wild west” of investments and called for a regulatory crackdown on the industry.

Senator Elizabeth Warren declared her opinion on bitcoin and other cryptocurrencies yesterday in a senate subcommittee hearing.

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