‘If You Want to Understand Bitcoin’s Value, Look at Politicians’ Hate Toward It,’ Says Sean Ono Lennon 

Sean Ono Lennon, the acclaimed American-British instrumentalist and lad of Beatles icon John Lennon, revisited the taxable of bitcoin connected societal media level X, formerly known arsenic Twitter. He poignantly observed, “If you privation to recognize however invaluable bitcoin genuinely is, look however overmuch our politicians hatred it.” Previously, Lennon has shared insights astir the starring integer currency, highlighting that it offers him a consciousness of anticipation amidst an “ocean of destruction.”

Sean Ono Lennon Speaks Out connected Bitcoin’s Value Amidst Political Pushback

A versatile artist, Lennon, who is besides a portion of The Claypool Lennon Delirium and the Plastic Ono Band, has antecedently expressed his views connected bitcoin (BTC). In 2020, helium described bitcoin arsenic a instrumentality that “empowers individuals,” and shared that it brought him “more optimism” successful the turbulent twelvemonth of 2020. In May 2021, helium sharply criticized those who, driven by today’s accelerated consumerism, were voicing complaints astir the energy depletion of the Bitcoin network.

On Dec. 21, 2023, Lennon brought up bitcoin erstwhile again and said:

If you privation to recognize however invaluable bitcoin genuinely is, look however overmuch our politicians hatred it. Look however overmuch Mr. Dimon hates it. Look astatine Warren. Its worth is inversely proportional to however threatened they feel. That’s each you request to know.

Lennon’s comments came aft remarks from JPMorgan main Jamie Dimon and U.S. Senator Elizabeth Warren astir bitcoin. Dimon has expressed a hypothetical script of shutting down cryptocurrencies if helium were successful complaint of the government, portion Warren has been actively challenging the crypto sector since aboriginal 2023. She precocious introduced a bipartisan measure aimed astatine regulating cryptocurrencies nether existing banking laws.

After Lennon’s station connected X, a idiosyncratic commented, suggesting that authorities could “regulate it into devaluation.” Lennon rapidly retorted, “They’re trying.” Another subordinate connected X referenced Lennon’s father, critiquing bitcoin arsenic antithetical to John Lennon’s values and dismissing it arsenic a fleeting, hyped improvement benefiting lone a fewer astatine the disbursal of many. They doubted its sustainability, requesting authenticity with the phrase, “Gimme immoderate truth.”

Lennon didn’t hesitate to respond to this critique arsenic well, asserting, “Sorry but you person zero knowing of what you’re talking about.”

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