Twitter CEO Jack Dorsey Un-Followed Senator Elizabeth Warren, Who Criticized Bitcoin

Donald Trump and Senator Elizabeth Warren have one thing in common: Both Hate Bitcoin.

Twitter CEO Jack Dorsey Un-followed Senator Elizabeth Warren, who criticized Bitcoin (BTC) during the June 9 senate meeting focused on central bank digital currencies.

👀 @jack (CEO of Twitter and Square) is no longer following @SenWarren

— Big Tech Alert (@BigTechAlert) June 10, 2021

In his keynote address, the Massachusetts senator described the largest cryptocurrency as a “lousy investment” and a “haven for illegal activity.” Warren has also called for a restriction on “environmentally wasteful” Bitcoin mining, claiming it is a “disaster” for the planet. Contrary to Warren’s latest comments, Texas Senator Ted Cruz said Bitcoin has “a lot of potential”.

She Said:

One bitcoin transaction uses the same amount of electricity as the typical household uses in a month.  Wild swings in BTC value mean that Bitcoin is a terrible currency.

Twitter CEO Jack Dorsey, a longtime Bitcoin advocate, also reacted to these statements by Senator Warren. He said that he would leave his companies to work on BTC.

I don’t think there is anything more important in my lifetime to work on.