Bitcoin cynic US Senator Elizabeth Warren says buying bitcoin is like buying air.

April 2, 2022

Warren reiterated her anti bitcoin stance in an interview with NBC News, saying bitcoin just works on “belief.”

Targeting bitcoin’s non-existent intrinsic value, Warren said, "With bitcoin, there's no thing that backs it up, it’s just belief.”

The American politician expressed her approval for a CBDC instead of bitcoin as it would be backed by the government.

She also opined that cryptocurrencies will eventually end up getting regulated.

Not all American politicians share Elizabeth’s opinion when it comes to cryptocurrencies.

Earlier, Miami mayor, Francis Suarez, proposed an official resolution to make BTC an acceptable payment for various parts of the city’s administration.

Republican Senator from Wyoming Cynthia Lumis believes bitcoin is here to stay.