Is Buying Bitcoin Just Like Buying Air? | Senator Warren's Take

Senator Elizabeth Warren of Massachusetts was asked by Chuck Todd on NBC what he would be buying if he was buying Bitcoin. Is it like a stock or a pork belly, he asked? Warren responded, saying that buying Bitcoin is like buying air. Warren’s comments relate to her desire for stricter regulations on digital currencies, especially because she feels many should be backed by governments—making them inherently safer. Senator Warren has a point-buy crypto with wisdom, stay safe, and don’t overextend yourself or your wallet will be filled with nothing but air. At press time, Bitcoin was trading at nearly $46,000, down a fraction of a percent in early activity.