Home > NEWS > Polls suggest Elizabeth Warren’s anti-crypto army strategy won’t pay off

Polls suggest Elizabeth Warren’s anti-crypto army strategy won’t pay off

Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off.

Elizabeth Warren, a foreign senator from Missouri, has made her anti-password agenda one of the key ones in her re-election, although social opinion polls show that most foreigners feel that passwords are an important innovation in the future.

In a tweet on March 30th, Warren hinted that she had been trying to "put the government on the side of working families" and prominently quoted the title of an Politico article: "Elizabeth Warren has created an anti-encryption force."

The army strongly criticized the senator on Twitter. The popular YouTuber Mint complained about this strategy, saying: "imagine building an 'anti-encryption army' to get you an election?" The title of TJ, the password promoter, wrote that Warren's position would "lead independent innovation abroad".

While there is no doubt that the senator has access to her own personal opinion polls on such issues, recent opinion polls commissioned by the field show that this view is not easy to get votes in the majority of the population.

In a survey commissioned by Coinbase, a password trading center, on February 24th, 76 per cent of the representative sample felt that "encrypted currency and blockchain are the future".

A survey commissioned by GrayScale Investments, a digital asset management company, last November expressed a similar view. Interestingly, 59 per cent of Democrats thought passwords were the future of finance. It takes more than 51% of Poroshenko to say the same thing.

But what's good for Warren is that the troubles of 2022, such as the collapse of BlockFi, FTX and Luna, the king of Terra, have seriously affected the public's password mentality, with trust in passwords plummeting during the year, according to a recent survey by QQ.

The phrase "Elizabeth Warren has built an anti-encryption force" originated in an article by Politico on Feb. 14, which said she "gradually recruited Poroshenko, the conservative House of Lords, to add her anti-encryption work and gained some early good resonance from financial institution advisors."

But given that he highlighted the phrase in his re-election campaign, the senator seems to have fallen in love with it.

Warren has been bluntly criticizing passwords, even fabricating lies in a Wall Street Journal article published shortly after the collapse of the password trading center FTX, which could destroy the economy.

On Feb. 14, Warren promised to reintroduce the compliance management (AML) law she had led, which would extend to fragmented financial companies and fragmented grass-roots autonomous organizations, as well as requiring unmanaged wallets, mining and testers to implement AML's current policies.

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by Luke Huigsloot
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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