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Senator Warren Still Clueless About How to Make Money Online So She Wants to Regulate It

Crypto NewsHackRegulation/Negotiation 1 Linda Williams August 15, 2024

An illustration of a large Chinese dragon wrapped around an American power grid tower with sparks flying off its scales as it chokes on smoke and flames from burning crypto mining equipment in the background, while a U.S. Senator stands at the base looking concerned and holding up a "Regulate" sign. In the foreground, a group of smaller dragons representing foreign-owned cryptocurrency facilities are being chased away by an American eagle with a torch. The illustration is set against a dark blue sky filled with stars and clouds.

The eternal optimist Senator Elizabeth Warren thinks she can regulate her way out of this mess? Please! Cryptocurrency has no inherent value and its only purpose is to enable money laundering, tax evasion and environmental destruction on a massive scale. And you know who’s going to benefit from these regulations? The same bunch of crypto bros that have been profiting off the backs of their gullible investors for years

Source: bitcoin.com

Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
https://news.bitcoin.com/senator-warren-calls-for-tougher-regulations-to-combat-national-security-risks-from-foreign-crypto-mines
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. At a Senate Committee on Banking, Housing, and Urban Affairs hearing, U.S. Senator Elizabeth Warren (D-MA) questioned Paul Rosen, Assistant Secretary for Investment […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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