John E. Deaton, a well-known crypto advocate, has recently supported Bitcoin. In his recent interview that Anthony Scaramucci (a famous entrepreneur) conducted, Deaton reacted to the anti-crypto stance of US Senator Elizabeth Warren. He took to his official X account to reveal his discussion on this topic in a recent podcast.
During his podcast, @Scaramucci asked what’s the first word that comes to my mind when I hear: #Bitcoin?My answer: FREEDOMMy entire life has been centered around a core concept of freedom: SELF-DETERMINATION. The America I grew up in, and the America I joined the Marine… https://t.co/1Ux1dnZRKY pic.twitter.com/2jQoKlZCxq
— John E Deaton (@JohnEDeaton1) July 7, 2024
John E. Deaton Condemns Senator Warren’s Viewpoint Against Bitcoin
He pointed out that Scaramucci asked him about the first thing he thinks about Bitcoin. While responding to this, Deaton referred to “freedom.” He asserted that the respective idea of freedom works as a deeply foundational and personal concept. In addition to this, he also disclosed his life-long self-determination. He also gave the example of America as a country of freedom.
He added that everyone living in America should have the potential to make their future. He moved on to contrast this idea with Senator Elizabeth Warren’s viewpoint. Deaton condemned Warren as she reportedly supports the “Nanny State.” It denotes a jurisdiction where elites dictate the living patterns of others. As per him, the elites like herself think they know the finest things for everyone.
Entrepreneur Says Protection with Strict Regulations Costs the Personal Freedom
She reportedly labels Bitcoin among terrible investments. Hence she thinks it a bad decision to invest in this crypto asset. According to Deaton, Warren’s present stance against Bitcoin reflects a misguided approach. She reportedly advocates for strict regulations while targeting to protect people from likely financial risks. Nevertheless, Deaton says this protection costs personal freedom.