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Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast

No, U.S. Senator Elizabeth Warren, the Massachusetts Democrat who typically antagonizes the blockchain industry, has not had a sudden change of heart on Bitcoin.

Warren has fashioned herself as one of blockchain’s fiercest critics in the Senate, spearheading bills like last year’s Digital Asset Anti-Money Laundering Act that aimed to curb the ability for financial institutions to transact in bitcoin and other cryptocurrencies.

So given the Senator’s anti-Bitcoin track record, it came as a surprise this week when she appeared to sign off on an official order commanding a flag be flown over the U.S. Capitol in honor of pseudonymous Bitcoin creator Satoshi Nakamoto.

The Bitcoin community immediately seized on the news, recirculating an article on X (formerly Twitter) from Bitcoin Magazine celebrating Warren’s “sudden embrace of Bitcoin.”

Look a little closer, however, and the development appears to be little more than a clever stunt pulled off by Bitcoin supporters.

Although some credulous commentators celebrated Warren’s “endorsement,” social media sleuths quickly pointed out that anyone can, for a fee, fill out a form on the Senator’s website to have a flag flown over the U.S. Capitol.

If there’s any takeaway in Bitcoin Magazine’s tongue-in-cheek article – which praises Warren for having finally “seen the orange-tinted light” (a reference to the orange bitcoin logo) – it might be that the senator’s office apparently takes a decidedly free-speech approach to moderating submissions to its flag request form.

Bitcoin Magazine has not responded to CoinDesk’s request for comment. A call to a phone number listed on a press release from Senator Warren’s office did not go through; a call to the senator’s press office suggested reporters put their questions in an email; CoinDesk’s emails to the press office for comment were not immediately returned.

Edited by Bradley Keoun.

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