Elizabeth Warren initially began her political career as an anti-bank advocate, but now she’s the banks biggest lackey, aligning with their interests. There are concerns that she may be used as a tool to target their main competitor, Bitcoin. Elizabeth has publicly expressed her desire to build an anti-crypto coalition, so let's take her at her word and plan accordingly.
Governments may not be enthusiastic about granting financial sovereignty to individuals; instead, they seem intent on keeping people trapped within a collapsing financial system. As things worsen, those who own Bitcoin, gold, and assets that perform well during periods of extreme inflation could become scapegoats for the government. Accusations of tax evasion may arise, leading to restrictions on these industries.
In my view, as financial instability escalates, there's a significant risk that Bitcoin and self-custody devices will be banned in several Western countries, with the blame being placed on the new currency for causing inflation. That's why I cannot emphasize enough the importance of acquiring Bitcoin storage devices like Ledger, Trezor, Bitbox, or ColdCards now, before potential bans or mandatory government registration of device ownership.
Straight from the horses mouth, take these politicians at their word:
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