Cynthia Lummis, Bitcoin supporter, and the US Senator from Wyoming has tweeted defending the crypto sphere against Senator Elizabeth Warren’s comments.
Senator Warren had accused the decentralized system to be guided by “Shadowy Super-Coders”, to which Cynthia Lummis has publicly taken a contradictory stance. Lummis highlighted how the crypto market is run by open-source developers, with publicly accessible codes and a decentralized ledger. She pointed out how blockchains facilitate peer-to-peer transactions, eliminating the aspect of trust or faith. She said, when everything is already public, the need for trust is diminished, and facts speak for themselves.
…Who commit open-source code to a transparent, publicly viewable, decentralized ledger — facilitating peer-to-peer transactions without the need for a trusted (but sometimes not actually trustworthy) third party. #btc https://t.co/VB1mHAkOiP
— Cynthia Lummis (@CynthiaMLummis) July 27, 2021
Warren against crypto’s
