In an unexpected turn of events, Elizabeth Warren, the former bitcoin adversary on Capitol Hill, saw the orange-tinged light and literally raised a flag to praise the work of anonymous bitcoin creator Satoshi Nakamoto, celebrating 15 years. since the network was launched.
In participation of the Capitol Flag ProgramSenator Warren's office filed a request to commemorate Nakamoto's achievement in creating the first “truly inclusive financial system,” with the colors of the United States flying over the Capitol on December 18, 2023, a date known to Bitcoiners as HODL Day.
While the Massachusetts senator's sudden adoption of bitcoin may seem like a surprise, her career-long rhetoric about fighting for the financially underserved has finally taken shape in this tangible statement. As if speaking to his campaign promises to defend the working class negatively affected by corruption both within the government and in the banking sector, the certificate issued by the Architect of the Capitol in recognition of the flag notes the “new economic freedoms for populations previously ignored by public and private institutions” presented by Nakamoto's bitcoin.
The Senator's office's request to fly the flag was noted by friends of bitcoin Magazine, Publishing keywho will hold a public event in New York City this afternoon, February 15, at 6:00 pm EST, to reveal not only the history of the flag, but the flag itself, complete with a dramatized reading of the infamous December 18, 2013 post on BitcoinTalk which immortalized “HODL” within the bitcoin lexicon of actor, comedian and Bitcoiner TJ Miller. Before the event itself, an X (formerly Twitter) Spaces hosted by bitcoin Magazine and PubKey at 4:30 pm EST will further tell the story of how Satoshi's Flag and Warren's endorsement came to be. As in the mid-1770s, freedom-focused bars like PubKey play an important role in socializing the ideas and stories that make up a revolution.
Thomas Pacchia, co-founder of PubKey, took note of the senator's turn when speaking with bitcoin Magazine. “This is a historic moment in how politicians in Washington view the promise and inclusion of the bitcoin protocol. “What politicians do is much more important than what they say.” Her website describes her as “a leading voice on consumer advocacy, financial reform, and social justice,” and her recent action to promote Satoshi's work appears to be fully aligned with her stated political mission.
Just a week before Warren ordered the flag raised, the senator introduced legislation to give the Treasury more tools to restrict the criminal use of bitcoin, making bold comments that they “need new laws to crack down on the use of cryptocurrencies to allow terrorist groups, rogue nations. , drug traffickers, ransomware gangs, and fraudsters to launder billions in stolen funds, evade sanctions, fund illegal weapons programs, and profit from devastating cyberattacks.” He even went so far as to take note of the creation of “an anti-cryptocurrency army” in crypto-army-feeding-serious-us-bitcoin-ban-warnings/?sh=2521c35a71f6″>March of last year, in his bid for re-election. Warren had co-author of a letter to Fidelity CEO Abigail Johnson in May 2022, expressing concerns about including bitcoin within her 401(k), stating that “investing in cryptocurrency is a risky and speculative bet, and we are concerned about Fidelity taking on these risks.” with millions of Americans. retirement savings.”
Now that US regulatory agencies like the SEC have allowed the approval of 11 bitcoin spot ETFs, including Fidelity's FBTC, Warren has changed her tune, recognizing the immense economic freedom generated by such a novel technology, and is now joining the an ever-growing group of elected officials. officials who support Nakamoto's protocol with his name.
bitcoin Magazine and PubKey encourage Bitcoiners to politely take note of this change of heart by contacting Warren's office directlyin addition to labeling it X (formerly Twitter) driveand thanking him for defending Satoshi Nakamoto and recognizing him as the hero he is.
