On February 15th, rumors spread through the crypto world that Senator Elizabeth Warren had honored Bitcoin’s creator, Satoshi Nakamoto, with a ceremonial flag. However, it turns out that’s not the whole story.
What Really Happened
According to a Twitter user, someone (possibly a troll) contacted Warren’s office to purchase a flag that would be flown in Nakamoto’s honor. Senators like Warren have websites where anyone can order flags.
As former Representative Jim Cooper explained, anyone can buy a flag that has flown over the Capitol. They can even request a specific date for the flag to be flown to honor someone. All they need to do is contact their Senator or Representative.
The flag comes with a certificate signed by the Senator, which is why Warren’s signature appeared on the certificate, leading some to believe she had endorsed Nakamoto.
Warren’s Stance on Crypto
Despite this incident, Senator Warren remains a vocal critic of cryptocurrencies. She has introduced legislation aimed at preventing illicit finance risks associated with crypto. The crypto community has strongly opposed this legislation.
Community Response
The crypto community is not taking Warren’s criticism lying down. Members of the XRP community have urged John Deaton, a lawyer who has criticized Warren in the past, to run against her for Senate. Ripple’s CEO, Brad Garlinghouse, has supported this effort.
Deaton has indicated that he is seriously considering running for Warren’s seat.