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Warren Davidson

Republican Congressperson from Ohio, 8

Notable statements

profile picture of Warren Davidson

Warren Davidson

@WarrenDavidson

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RT @NeerajKA: Here’s @WarrenDavidson responding to ideas around mandating surveillance for DeFi participants put forward by some of his col…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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War vs Peace CBDC vs Sound Money Censorship vs Free Speech Amnesty vs Citizenship Tyranny vs Freedom To save America, we must restore a government small enough to fit within the Constitution. ✔️ More freedom. ✔️ Less government. ✔️ Sound money. ✔️ Secure borders.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (#CBDC) is the creepiest surveillance tool ever developed. It corrupts money from its proper role as a stable store of value and efficient means of exchange into a tool for surveillance, coercion, and control. @realDonaldTrump plans to ban CBDC.… x.com/i/web/status/1… pic.x.com/hkjbiepplk
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @jchervinsky: During the DeFi hearing, Rep. Casten argued that the developer of a neutral tool should be liable for third-party bad acto…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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My theory? @GaryGensler is mocking the entire sector. As Biden-Harris dishonestly tout a crypto-reset, he’s boasting and gloating, “I’m still here.” Only a fool would believe their words when their deeds reveal a very intentional effort to undermine the sector by preventing… x.com/i/web/status/1… x.com/CaitlinLong_/s…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) is a dystopian corruption of money from its proper role as a stable store of value and efficient means of exchange into a creepy surveillance tool designed for coercion and control. #BanCBDC x.com/cynthiamlummis…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @FinancialCmte: The Senate must urgently act on digital asset legislation. The future of the U.S.’s role as a hub for capital deploymen…
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Dennis_Porter_ @RoKhanna Until they embrace self-custody, proof-of-work, and a CBDC ban, they are just making empty promises for about 96 days…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @cameron: A reminder for the those suffering from crypto amnesia partisan syndrome (CAPS): Crypto was non-partisan during the Obama Adm…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @FinancialCmte: The @SECGov's SAB 121 rule upends decades of bank custody rules solely to target digital assets. If it's consumer prote…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@slamguy CBDC is not crypto. Check your facts. No one in elected office is more pro “crytpto” than me. Thankfully, many are also very supportive. Nevertheless, stay away from shitcoins.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @twobitidiot: "Untraceable cryptocurrency" is a phrase that only the hopelessly stupid in government and media use. + blockchains are…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @PatrickMcHenry: The President’s veto weakens protections for consumers in digital asset markets and upends decades of custody rules. B…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Democrats: “No, seriously, we are good with crypto. Come back.” @GaryGensler: “I’m still here.”
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Since 2018, I have been working to establish legal clarity for digital assets. Meanwhile, @GaryGensler ’s Orwellian regulatory approach has pushed innovation and investment overseas. Today and finally, the House of Representatives brings clarity to the digital asset ecosystem… x.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Solving problems and serving people. #FIT21 creates long overdue market structure for digital assets. ✔️ Bright-line test ✔️ Self-custody Thanks to members who moved this bill, especially Patrick McHenry, French Hill, Dusty Johnson, GT Thompson, Tom Emmer, and Steve Scalise,… htx.com/i/web/status/1…ttps://t.co/PEooFCZ5aq
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#FIT21 protects self-custody. This is essential to digital asset market structure, but also essential to defending freedom. Self custody means possession of your own private property, rather than an account where a 3rd party holds your money or property. Permission-less… x.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @twobitidiot: Dear @RepMaxineWaters: Please don’t torpedo the chances of a bipartisan crypto bill at today’s member briefing. None of…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Next week the House will vote to ban Central Bank Digital Currency. #CBDC poses an existential threat to western civilization. It is the most powerful surveillance tool ever developed and corrupts money into a tool for coercion & control. #BanCBDC pic.twitter.com/7WzDrMTBYl
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Glad to see self-custody (cold storage) on your list, @mcuban. Some concede they can’t ban the sector, but have settled for keeping everything account-based. Third-party mandatory is antithetical to the entire concept. No #DeFi without decentralization… #KeepYourCoinsAct x.com/mcuban/status/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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I'm grateful Digital Asset privacy and property rights unite Republicans. I applaud the Democrats who took the tough vote to be right on policy. Hopefully, this serves as a floor for future bipartisan work to: ✔️ Ban Central Bank Digital Currency (CBDC) ✔️ Protect self-custody… httwitter.com/i/web/status/1…ttps://t.co/80kmF0AHMV
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @gaborgurbacs: I can confirm as well that US banks are quietly de-platforming businesses that have anything to do with crypto, even serv…
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @berniemoreno: Allowing left wing radicals like @SenWarren and @SherrodBrown to create legislation that regulates crypto - something the…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @RobertJSalvador: Talking the extreme dangers of Central Bank Digital Currencies (CBDCs) with @DLoesch 🚨 We need to support leaders lik…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@RobertJSalvador Thank you! This is 100% on target. CBDC is an existential threat to western civilization. We have an amendment in appropriations that bans all federal funds from being used to design, develop, or establish a CBDC. It needs to survive final passage. @FinancialCmte passed a bill… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) is an existential threat to western civilization. @FinancialCmte passed a bill to ban them. Needs to get a vote by the House and survive final passage. We also have an amendment to appropriations that bans all federal funds from being used to… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @JohnEDeaton1: Wait until we see a programmable CBDC issued by the Federal Reserve, being pushed by Elizabeth Warren and this current ad…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @PatrickMcHenry: Today’s spot Bitcoin ETF approvals mark a historic milestone for the future of the digital asset ecosystem. While acti…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @FinancialCmte: #ICYMI: @WarrenDavidson debunks the Senate's unworkable and destructive illicit finance in digital assets proposal: "It…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) poses an existential threat to western civilization. Sound money serves as a stable store of value and an efficient means of exchange. CBDC consummates the corruption of money into a dystopian tool for coercion & control. Ban them.… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@SolanaRiles Several Democrats agree, but few are vocal in their opposition to CBDC. Unfortunately, Elizabeth Warren seems to dominate financial services policy for Democrats. She is working to ban crypto and implement CBDC.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Anyone attacking self-custody opposes individual freedom. They want someone to control your assets on their behalf. Pass my Keep Your Coins( KYC) Act to protect self-custody. This is the best safeguard against CBDC or default by third-party custodians (like FTX or BlockFi).
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @JohnEDeaton1: 20% of the US Senate has already agreed to support her defacto ban on Crypto and #Bitcoin in the U.S. I know for a fact s…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@giancarloMKTS @JohnEDeaton1 Chris, that’s rich. Corrupting money into a tool for coercion and control is evil. A US backed CBDC would have all of the surveillance power of China’s CBDC. We just like our own government better so far. CBDC is the “one ring to rule them all” and should be cast into the fire.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@PeterMcCormack This helps illustrate why @JMilei must embrace #BTC as @nayibbukele did. The international financial system has been corrupted into a tool for coercion and control. Any attempt to restore #SoundMoney is viewed as a threat to the globalists.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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You know, it's certainly possible that the stalling tactics to prevent regulatory clarity for digital assets in America are related to the globalists’ CBDC project... For the people engineering a reset of the monetary system, off-ramps with self-custody are problematic. twitter.com/wallstreetsilv…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@cryptoobseesed @FinancialCmte No, they should not. Cash is legal tender, should be accepted everywhere, and protects privacy.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Cash and some “cryptocurrency” offer permission-less, peer-to-peer transactions. Authoritarian control freaks dominate our federal government and seek to ban them both. We must defend freedom and they must fail. More freedom. Less government. #SoundGovernment
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@WallStreetSilv With Digital ID, CBDC, social credit score, and the Patriot Act. Just to keep us all safe, of course.... No thanks!
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currencies should never be designed, developed, or established. It’s like building the Death Star and saying you won’t turn it on. Today I offered an amendment to stop the creation of #CBDCs. pic.twitter.com/cltTqMZdf0
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@profstonge Our only difference is whether they deluded themselves. They deluded many, but the central bankers know this has run its course - thus the surge in plunder. They have a solution in mind for the crash site they are accelerating towards: Central Bank Digital Currency (CBDC).… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@XrpCryptoEire I think you misunderstand why he is laughing. It’s not that I will do nothing, it’s that Congress cannot yet pass my bill and won’t defund him. If he reported to me, I would have long since fired him. Nevertheless, his failures keep helping me build support for the SEC… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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This.👇 With an empty promise not to turn it on, the Federal Reserve is building the financial equivalent of the Death Star. Since the Federal Reserve is not on appropriations, my proposal will criminalize designing, building, developing, or establishing a #CBDC. twitter.com/profstonge/sta…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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I asked if it was possible for CBDCs to be privacy protected and identify verified? Dr. Michel: “no, in my view it is not.” Professor Skinner: “my view is no, that’s not possible right now.” The experts admit that our privacy isn’t protected under the use of a CBDC. pic.twitter.com/5ajKYHrxCM
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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One of the biggest threats to Western civilization is a wrongly structured system of money. CBDCs undermine permissionless peer to peer transactions. They can be used for coercion and control. #SoundMoney serves as store of value & efficient means of exchange. Watch ⬇️ https://t.co/HkeGz5w1Qn
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @JAN3com: "CBDC poses an existential threat to western civilization by corrupting money into a tool for coercion & control.” - @WarrenDa…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @PatrickMcHenry: SEC Chair @GaryGensler's crusade against the digital asset ecosystem is falling apart under scrutiny from the courts.…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@CampbellJAustin Valid concerns. The crypto ambush from Biden’s infrastructure bill is as bad as they could get away with at the time. There is bipartisan opposition to FinTech focused preservation of 3rd party doctrine intermediaries (companies regulated into being agents of the government to… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Tickets_sold @CampbellJAustin Yes, it is discouraging at times, but we have made tremendous progress in the House. If you haven’t followed it, in July the Financial Services Committee passed a Digital Asset Market Structure bill, a Stablecoin bill, my Keep Your Coins Act, and more. Insanely slow and late, but… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@BreakingDaLaw @capypig10 Although ETH and XRP have distinct protocols, they are simply tokens. Consensys and Ripple have similar roles for their respective communities. As legal entities staffed by humans, both have worked on the design and development of CBDCs - and others have too (someone else can… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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I'll admit surprise that some Twitter-active #XRP holders are so hyper-defensive of Ripple's work on Central Bank Digital Currency (CBDC). I answered a question about the Torres decision by pointing out XRP was finally recognized as not a security, but that some of Ripple's… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@capypig10 I couldn't possibly be more opposed to CBDC. I want to criminalize designing, building, developing, testing, or establishing CBDC. One ring to rule them all... Cast it into the fire.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@BeefSuprem3XRP CBDC is evil - the financial equivalent of the Death Star. Don’t become an accomplice to anyone designing, building, testing, developing, or establishing CBDC.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Don't hurt people. Don't take their stuff. To seamlessly violate these principles, Central Bank Digital Currency is being studied, developed, and implemented. CBDC is an evil tool that corrupts money into a tool for coercion & control. To make my opposition crystal clear, and… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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To make the point crystal clear, I am working on legislation to criminalize designing, building, testing, developing, or establishing a Central Bank Digital Currency. CBDC poses an existential threat to western civilization by corrupting money into a tool for coercion &… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) poses a serious threat to all digital assets. As I said at Flyover FinTech, many people wrongly conflate even BTC with CBDC. At least most agree that CBDC is evil - the financial equivalent of the Death Star. Don’t become an accomplice to… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Tokenized assets are not the problem. It’s the people. Entities (including the Federal Reserve, Ripple, Consensys) and influencers are actively working on CBDC projects.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@KJ_241 Current CBDC versions are centrally managed, permissioned databases dependent on digital ID. This is opposite of defi where the entire computing architecture is designed to protect privacy and enable permissionless peer-to-peer transactions. +100 countries are studying,… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) is evil - the financial equivalent of the Death Star. Don’t become an accomplice to anyone designing, building, testing, developing, or establishing CBDC.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@X__Anderson @digitalassetbuy @Ripple In every dystopian future, money is corrupted from a stable store of value and and efficient means of exchange into a tool for coercion and control. CBDC is a tool for tyrants, the epitome of a permissioned network, and opposite defi. China links CBDC with social credit.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Who in the US Senate is working on legislation to keep up with China on this plan? “Gotta keep up with China” is one of the arguments made for Central Bank Digital Currency. #NoCBDC #NoDigitalID #NoRestrictAct #NoPoliceState twitter.com/WallStreetSilv…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#NoCBDC Money should not be programmable by a central authority. Money should be a stable store of value and an efficient means of exchange, not a tool for surveillance, coercion, and control. Sound money facilitates permission-less, peer-to-peer transactions.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The Federal Reserve is building the financial equivalent of the Death Star. Central Bank Digital Currency (CBDC) corrupts money into a tool for coercion & control. Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a #CBDC. pic.twitter.com/9JWiyj5H2f
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Their own words: “You will engage directly with management, other developers on the team, development operations teams, and vendors to ensure the Federal Reserve is well-positioned to design, develop, and implement technology to support a CBDC as may be required by the Board of… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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100% Powerful message from @USRepMikeFlood. #ICYMI Next week @FinancialCmte will markup a Digital Asset Market Structure bill and a Stablecoin bill. This long overdue legislation seeks to provide the legal clarity our markets have been missing. youtu.be/ffO66WboovE
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Same tactics in the UK… Cash treated as criminal because governments have difficulty spying on us. They too have people pushing #CBDC - the creepiest surveillance tool ever developed for coercion & control. #PaymentPrivacy is essential for defending freedom. twitter.com/Nigel_Farage/s…
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Central Bank Digital Currency (CBDC) corrupts money into tool for coercion & control. Thankfully, there is no legal way to implement CBDC in America w/o legislation. In addition, a bipartisan coalition in Congress is working to actively ban CBDC development or implementation. twitter.com/CatoInstitute/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Crypto_DashODL @Hodl42 I have 1/435 of 1/3 of the power to spend - and generally vote NO. I definitely get your frustration, but you should understand there are at least dozens of others like me who actually want a smaller, more accountable government. Don’t bankrupt America!
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Dennis_Porter_ Thank you. I hope all of my colleagues read one of the best books in recent memory: The Bitcoin Standard.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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I’ll be joining the #CryptoTownHall Twitter space at 10:30 AM to discuss my legislation to #FireGaryGensler. Make sure to tune in! #SECStabilizationAct @scottmelker @cryptomanran @MarioNawfal
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@ApexCryptoAlpha @HappyChichester Conservatives are working to extract neocons from the GOP. Neocons are now moving to their natural habitat with the DNC. These endless war people are bankrupting our country and undermining civil liberties (Patriot Act, RESTRICT Act, anti-crypto, etc).
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @CoinDesk: "We have over 50% of the world's invested capital in our capital markets. But when you look at crypto, 70 to 90% of the liqui…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @CoinDesk: LIVE: $BTC slips ahead of the U.S. House debt ceiling vote, @WarrenDavidson discusses the future of U.S. crypto regulation an…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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America’s #FinTech future is threatened Gary Gensler’s wrecking ball. I’m glad consensus is building. Congress must take action to provide legal clarity for digital assets and substantive reform to the @SECGov that eliminates the chairmanship and empowers the commission. twitter.com/metalawman/sta…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is nonpartisan and essential to defending freedom. CBDC is a tool for coercion & control. Congress must take action to stop unelected bureaucrats from working to undermine principles that make America the land of opportunity. #DefendFreedom twitter.com/RobertKennedyJ…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The Biden administration’s Council of Economic Advisors has flip-flopped on how they intend to handle digital assets. This week, @USRepMikeFlood and I sent a letter to the CEA addressing this issue. Read ⤵️ https://t.co/2wBuWtn6KV
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Beware of any protocol working with central banks in an attempt to become embedded as architecture for a Central Bank Digital Currency (CBDC). CBDC is the antithesis of #SoundMoney. It is specifically designed as a tool for coercion & control.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @scottmelker: “You have essentially a Hotel California rule for crypto, where you can check in anytime you like but you can never leave.…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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It doesn’t have to stay that way. My #TokenTaxonomyAct is and has always been 100% bipartisan. The issue is not partisan, but generally libertarian vs authoritarian. Love the Patriot Act? Likely anti-crypto. Hate the Patriot Act? Likely pro-crypto. twitter.com/dennis_porter_…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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🤔 Barney Frank was right. Elizabeth Warren is wrong. Now let’s work together to fix this problem by providing legal clarity for digital assets, ending TBTF, and reining in the non-market fiscal and monetary interventions fueling inflation and risk. wsj.com/articles/signa…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@3DNuts @BitcoinPierre Did that for bit when it first hit… Maybe again on a personal page at some point.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@BitcoinPierre It’s essentially a subsidized trust company, not a bank. Socialized risk to enable privatized profits.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Barney Frank: “I wonder, are we the first bank to be closed, totally, without being insolvent? …I think the [New York DFS] should have to answer that. That’s why I speculate that using us as a poster child to say “stay away from crypto” was the reason. nymag.com/intelligencer/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The left will use this crisis to: consolidate everyone into bigger banks, reverse S2155 (tailored regulatory approach) which is not a factor in the failures, and attack crypto (also false).
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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We need to use this crisis to address systemic risk: reduce deficits, stop the Fed’s market distortion (growing its balance sheet, enabling bigger deficits), stop the Fed from manipulating interest rates so the market sets the rates, pass legal clarity for crypto, focus… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Industry experts told the Financial Services Digital Assets Subcommittee what many of us already know - self custody protects against fraud. Pass my Keep Your Coins( KYC) Act to protect self-custody, reduce the impact fraud, and increase personal freedom. pic.twitter.com/A03wtD2Irl
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Yesterday the Digital Assets Subcommittee met for the first time. This subcommittee's establishment will play an important role in providing regulatory clarity and ending the Biden Administration's attack on the industry. We have a lot of work to do. pic.twitter.com/cXiHPqEK0V
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @FinancialCmte: #WATCH: Digital Assets Subcommittee Vice Chairman @WarrenDavidson makes the case for self custody of digital assets as a…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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As banks continue to de-bank customers over non-risk based factors (another Operation Chokepoint), I am reminded of Satoshi Nakamoto's vision: "What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Agustin Carstens is an unlikely Bond villain, but his diabolical plans for the future of money pose a systemic risk to western civilization. His vision for a Central Bank Digital Currency (CBDC) is dystopian. This week I cosponsored the CBDC Anti-Surveillance State Act. pic.twitter.com/PVyMODWToe
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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RT @HesterPeirce: Getting lots of questions re stablecoins & SEC: Facts & circumstances of course, but SEC should defer to Congress, which…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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I'm proud to support the CBDC Anti-Surveillance State Act. The Fed must focus on its dual mandate rather than eradicating financial autonomy. A retail CBDC would essentially allow the government to mediate all transactions, which would mirror what we see in China. twitter.com/GOPMajorityWhi…
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Pretty solid summary of the present situation. Congress finally has a subcommittee on digital assets so Gensler is scrambling. Congress must move forward to enable a strong market for retail investors and solve problems, including the Gensler problem. twitter.com/g_co/status/16…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@altcoinyolo @WallStreetSilv 1/435. Thankfully we are building momentum in @FinancialCmte . It’s a huge deal that @PatrickMcHenry created a Digital Assets Subcommittee, led by @RepFrenchHill. Lots of strong members across the political spectrum finally agree with the need for legal clarity and change… twitter.com/i/web/status/1…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Proof-of-Work > Proof-of-Stake is an understatement. Nevertheless, @SECGov once again chose selective enforcement rather than regulatory action. @FinancialCmte is now organized with a new Digital Assets Subcommittee. Congress moves way too slowly but change is coming soon.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The future of money is one of the most important public policy debates underway. Central Bank Digital Currency (CBDC) poses an existential threat to western civilization. #SoundMoney is essential to defending freedom. twitter.com/jamesmelville/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@JKcryptobaron @CryptoLawUS @Gemini @GaryGensler Been working on that since 2018… Congress needs action, and thankfully @PatrickMcHenry has created the first subcommittee on digital assets. In the meantime, we still have Gary’s failed approach. Change must come!
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@JKcryptobaron @CryptoLawUS @Gemini @GaryGensler @PatrickMcHenry Multiple bills that are very bipartisan (really nonpartisan), but the committee process is essential to how bills become law. I’m very hopeful this Congress…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@snub_fighter My Keep Your Coins Act protects self-custody so that no regulator can deny, limit, or make conditional your ownership and control over your own digital assets. Multiple efforts have already been initiated to block or permission self-custody. My bill stops them.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Congress urgently needs to pass legislation establishing a brightline test for digital assets making clear what is a security and what is not a security. Then it will be clear what can freely trade on exchanges. Next, clear custody rules (incl self) & certainty for stablecoins. twitter.com/cgasparino/sta…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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SBF should not have been released on bond, given the severity of his crimes. For context, Bernie Madoff was sentenced to 150 years in jail for similar crimes. I joined Mornings with Maria to discuss SBF's release and the ramification of FTX's collapse on the crypto industry. pic.twitter.com/EalBBBJvpF
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@GaryGensler had an agenda from day one. He did not listen to Congress when we called out his haphazard approach to digital assets. Instead, he unilaterally went full steam ahead with enforcement actions. Yet he still managed to whiff on FTX. bloomberg.com/news/articles/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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🤔 So in the same week he questions whether ETH is actually a security, leaving #BTC as the only uniformly recognized commodity, he wants the Commodity Futures Trading Commission to oversee what is effectively a securities exchange? Make it make sense. wsj.com/articles/ftx-c…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is a stable store of value, an efficient means of exchange, and always preserves permission-less peer-to-peer transactions. A centrally controlled #CBDC corrupts money into a tool for coercion and control - the creepiest surveillance system ever developed. #dystopia
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is essential to defending freedom. ⁦@EconWithNick⁩ explains: “#CBDC would most likely be the single largest assault on financial privacy since the creation of the Bank Secrecy Act and the establishment of the third-party doctrine.” cato.org/working-paper/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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As we continue uncovering the facts surrounding FTX, one thing is certain: Any future policy that doesn’t protect self-custody of digital assets will leave consumers vulnerable to third-party failures. My Keep Your Coins Act protects this right. wsj.com/articles/ftx-c…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Kevin_C_ONeil @DibbSpot You should read the bill. It establishes a brightline test to make clear what is and what is not a security. Some are clearly just securities - controlled by a central authority. Some have been literal pump and dump scams with no action taken by the SEC. Bitcoin is a commodity.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is essential to defending freedom. Sound money serves as a stable store of value and an efficient means of exchange. Permissionless, peer-to-peer transactions are non-negotiable features of #SoundMoney. #CBDC corrupts money, making it a tool for coercion & control. twitter.com/disclosetv/sta…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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🤔 Would Russell Brand be a better PM? The future of money is one of the most essential battles for defending freedom. If the globalists succeed with their dystopian perversion of money #CBDC, western civilization is in peril. twitter.com/jamesmelville/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@highlifehodler Their version of CBDC will eventually make all other forms of payment illicit finance. No thanks.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is essential to defending freedom. As described here, by the UK’s likely Prime Minister, CBDC is a corruption of money. A centrally managed, centrally controlled, Central Bank Digital Currency (CBDC) is a tool for coercion and control. twitter.com/jackposobiec/s…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Why do they want CBDC? Every dystopian future depicts the corruption of money into a tool of coercion & control as evil. The future of money is the a most essential public policy debate, and far too few people are taking this existential threat to western civilization seriously. twitter.com/JamesMelville/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The Token Taxonomy Act sets a brightline test to define when a digital asset is or is not a security, addresses custody (not your keys not your coins), and tax treatment. Additionally, my Keep Your Coins Act protects self-custody, which has been scrutinized by both parties.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Thank you @crypto_council for honoring me with the Digital Future Award this week. I will continue to advocate for regulation clarity and data privacy so this rapidly expanding market is a safe means of exchange for all Americans. pic.twitter.com/3ynLsdSXyP
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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The @FinancialCmte needs legal clarity for stablecoins. The architecture of our FinTech infrastructure is becoming untethered because of inaction by Congress and selective regulation by enforcement from the SEC and others. wsj.com/articles/tethe… via @WSJ
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#SoundMoney is neutral: a stable store of value and an efficient means of exchange. Not a coercive tool to exert control over the population. #BewareCBDC
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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You know, it's certainly possible that the stalling tactics to prevent regulatory clarity for digital assets in America are related to the Fed's CBDC project... If there really are people engineering a reset of the monetary system, off-ramps with self-custody are problematic.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Crypto is no longer new. @SECGov and @CFTC have not worked with Congress to provide regulatory clarity. Instead, @SECGov has selectively enforced opaque regulations, issued fake guidance, and tied legit companies up with endless paperwork drills - driving Americans offshore. Sad. twitter.com/garygensler/st…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Melt_Dem @PeterMcCormack @SolGh0st @CryptoEthan Y’all are too kind. That was definitely one of my favorite hearings. It’s truly a shame so little good has been done by Congress on such an important issue. Thankfully, the market isn’t waiting on Congress, but momentum there is finally building… 🤞
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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New regulatory clarity for stablecoins should recognize the important and substantial distinctions between algorithmic stablecoins (UST), unregulated money market style stablecoins (USDT), and regulated 1:1 fiat & commodity backed stablecoins (eg existing state-based regulation). twitter.com/prestonjbyrne/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@CRYPTOisOURS @RepTomEmmer Psst. In Congress, the majority party chairs every committee, selects the topics for every hearing, schedules every hearing, and schedules every vote on the bills of their choice. And, only the majority party has subpoena authority. Pass it on.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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#Fact 👇 Thankfully as @TulsiGabbard highlights not all Democrats, and not all Republicans. Often these issues resemble support or opposition to the Patriot Act. Similar split on crypto. Authoritarian v libertarian rather than left v right. All need resolved to #DefendFreedom. twitter.com/tulsigabbard/s…
Very pro-crypto
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@cryptoCPA6 @SECGov There are multiple bills ending or reforming the accredited investor rule. On passed the House in 2018, but never had got a vote in the Senate. As for Oversight, I’m confident things will change with an @GOP majority overseeing the Biden Administration.
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@TAIGxrp They used USD. Sold energy in USD. Bought gold. Maybe ETH too, but not at this scale. Separately, thanks for the stream of info. Note that @RepAlGreen is Chairman of Oversight; @RepMaxineWaters is Chairwoman of House Financial Services. Democrats control the agenda - for now. pic.twitter.com/RZM2k8xItT
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Very pro-crypto
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Warren Davidson

@WarrenDavidson

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People should know that there are competing digital technologies vying for the future of money. Programmable money, especially as Central Bank Digital Currency (CBDC), poses a threat to freedom by serving as a tool for coercion and control - blurring the…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@TAIGxrp @RepDarrenSoto Anonymous Person: Why do you pretend that ETH had special access? Everyone, including Ripple / XRP, participated. The bill was public 12/2018 for public comment. Lots came in. 4/2019 it was reintroduced. What in the text do you find objectionable?
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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Interesting. “Now the most valuable form of money in Ukraine is crypto. Everyone wants crypto because this is the fastest, the most flexible, easiest, and least bureaucratic way to store and spend your money. Crypto is the new king of money in Ukraine.” bloomberg.com/news/articles/…
Very pro-crypto
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Warren Davidson

@WarrenDavidson

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@Slim88684097 Correct. We drafted legislation, but even in the midst of the ICO boom - mixed with great projects and outright scams- nothing major passed. Frankly, the only major crypto legislation so far is the crap tax / reporting language in the “infrastructure” bill last summer.
Very pro-crypto