On top of a staggering economy, a stagnant job market, pandemic relief efforts, and a Southern Border crisis, the Democrats are continuing to add more to their plate without solving any problems. Using their puppet Joe Biden, the liberals do nothing but blame conservatives and racism for just about everything. And if that wasn’t bad enough, it appears that Senator Elizabeth Warren now believes that she knows the leading cause of “Climate Change”, and no it isn’t based on facts. According to the Democrats, Bitcoin is the culprit. 

For those that may be unaware, Warren has spent much of her time in Washington building a platform around being not only a consumer advocate but a worthy opponent to the Wall Street banks. Although Warren paints herself as a fighter, her recent actions have proven that she is nothing more than a lobbyist for… big banks. 

But don’t take my word for it as Senator Warren is more than willing to speak for herself. During a Senate Banking Subcommittee hearing, Warren not only suggested that cryptocurrency was responsible for an increase in crime but that it was magically hurting the environment. She said, “Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis. The threats posed by crypto show that Congress and federal regulators can’t continue to hide out, hoping that crypto will go away. It won’t. It’s time to confront these issues head-on.”

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And if saying that in front of the Senate was bad enough, Warren later tweeted about the supposed dangers of cryptocurrency. “Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the #ClimateCrisis is to crack down on environmentally wasteful cryptocurrencies.” 

Although her claims are entirely false, Warren surprisingly had a suggestion on how to fix the problem. And remember how she was against big banks? Well, Warren’s answer for cryptocurrency is a “digital dollar” backed by none other than the Federal Reserve. She believes the new currency would make banking easier and safer for low-income Americans. 

As for the effect crypto may have on the environment, according to NASDAQ, “Cathie Wood of ARK Investment Management says the bitcoin ecosystem consumes less than 10% of the energy compared to the energy consumption of the traditional banking system.”