Elizabeth Herring Warren attacks crypto for sanction evasion

Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

It takes a particularly vile creature to stand there, day after day, and lie to the public. We assume there is a public, and also assume some of them believe this Lizzie Herring. Interesting how they nearly all try to hide their tribal origins.

Watch her performance.

Then try thinking about what a lying POS this creature is.

To quote her gas emission: "“Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support spying and promote cyber attacks.” She also quotes a figure of $30B; you know, every gov statistic will seem huge to the average prole.

So what is the reality, at a better approximation?

Worldwide, there are between $800 billion and $2 trillion laundered annually. The United States makes up at least $300 billion of that figure, meaning that the U.S. is responsible for 15%-38% of the money laundered annually. [zippia]

Now that's more like it! The method of choice to move money around the globe is the weaponised bankster currency, the USD, while using the shadow banking system. Of course, such numbers are estimates, as thievery can only be quantified when a theft is known. Have a look at that linked data; the numbers make the Herring look suspiciously fishy.

So, she thinks she has the right to impose, and justify, sanctions and then complain when other nations get around them. National insecurity.