Senator Elizabeth Warren represents the camp of those American politicians who believe that cryptocurrencies can destroy the state’s economy.
In her opinion, it is possible to ensure the protection of investors only through strict regulation of the industry.
On the NBC TV channel last week, Elizabeth Warren confirmed her position and recalled that she was negative towards virtual currencies such as bitcoin.
The politician believes that digital assets are bubbles, the value of which is formed only through speculation. Even stablecoins backed by fiat money cannot guarantee the safety of the capital invested in them.
At the same time, the senator supports the project to create a token linked to the US dollar (CBDC). The national digital currency is backed by the United States government, so it is a more reliable instrument than BTC.
The CBDC project and the integration of the token into the state’s financial system will solve many problems and increase the availability of financial services, Warren emphasized.
In her opinion, with the help of the digital dollar, it is possible to increase the speed of transaction processing and make commissions lower than in the banking sector.
