During a podcast with SkyBridge Capital founder Anthony Scaramucci, John Deaton was asked what the first word that comes to mind when he hears about Bitcoin was. The lawyer replied: freedom. He explained that Bitcoin’s decentralized nature empowers people by offering them an alternative to outdated banking institutions and government-imposed financial regulations.
“The America I grew up in and joined the Marine Corps in is a country where your destiny is not determined by the circumstances of your birth and childhood. In the America I love, you determine your own destiny. Yet U.S. Senator Elizabeth Warren would have you believe that everyone should live in a nanny state where the government tells people how to live their lives. Warren thinks Bitcoin is a terrible investment. Maybe it is, maybe it isn’t. She has the freedom not to invest. But that’s not enough for her. She thinks she has to protect us all from bad investments,” Deaton fumed.
The legal expert recalled the situation with Apple in 1980, when regulators banned the public from buying Apple shares during its initial public offering (IPO). Deaton emphasized that Warren wants to follow suit, only this time with Bitcoin in place of Apple.
Deaton previously accused Senator Elizabeth Warren of aiding and abetting the former head of the bankrupt crypto exchange FTX, Sam Bankman-Fried, and covering up his fraudulent activities.
Source: Bits
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