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

Share This Post

‘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 musician and son of Beatles icon John Lennon, revisited the subject of bitcoin on social media platform X, formerly known as Twitter. He poignantly observed, “If you want to understand how valuable bitcoin truly is, look how much our politicians hate it.” Previously, Lennon has shared insights about the leading digital currency, highlighting that it offers him a sense of hope amidst an “ocean of destruction.”

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

A versatile artist, Lennon, who is also a part of The Claypool Lennon Delirium and the Plastic Ono Band, has previously expressed his views on bitcoin (BTC). In 2020, he described bitcoin as a tool that “empowers individuals,” and shared that it brought him “more optimism” in the turbulent year of 2020. In May 2021, he sharply criticized those who, driven by today’s accelerated consumerism, were voicing complaints about the electricity consumption of the Bitcoin network.

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

If you want to understand how valuable bitcoin truly is, look how much our politicians hate it. Look how much Mr. Dimon hates it. Look at Warren. Its value is inversely proportional to how threatened they feel. That’s all you need to know.

Lennon’s comments came after remarks from JPMorgan chief Jamie Dimon and U.S. Senator Elizabeth Warren about bitcoin. Dimon has expressed a hypothetical scenario of shutting down cryptocurrencies if he were in charge of the government, while Warren has been actively challenging the crypto sector since early 2023. She recently introduced a bipartisan bill aimed at regulating cryptocurrencies under existing banking laws.

After Lennon’s post on X, a user commented, suggesting that authorities could “regulate it into devaluation.” Lennon quickly retorted, “They’re trying.” Another participant on X referenced Lennon’s father, critiquing bitcoin as antithetical to John Lennon’s values and dismissing it as a fleeting, hyped phenomenon benefiting only a few at the expense of many. They doubted its sustainability, requesting authenticity with the phrase, “Gimme some truth.”

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

Do you agree with Sean Ono Lennon’s views about bitcoin? Let us know in the comments section below.

Read Entire Article
spot_img

Related Posts

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

The World Bank has announced that it will issue its first CHF digital bond on June 11 This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009 It

X To Unleash The Dogecoin Flood? Payments Promise Stirs Community

The Dogecoin army is barking with excitement after an insider hinted at the long-awaited integration of Dogecoin (DOGE) into X Payments, Elon Musk’s social media platform However, a closer look

US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network

An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international

Shiba Inu Metrics Turn Bullish: Here’s How Many Wallets Stand Between Current Price And $0.000139

Shiba Inu is exhibiting interesting price action as it looks to break above a downward-sloping upper trendline under which it has been trading since the first week of March Currently, SHIB is up by

Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says

Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed He noted that over 60% of the two nations’ bilateral trade is conducted in

Are New Altcoins Listing On Exchanges Like Binance Profitable? This Crypto Researcher Has The Answer

A crypto and macro researcher identified as “Flow” on X (formerly Twitter) has provided a detailed review of the profitability of new altcoins listed on Centralized Exchanges (CEX) such as
- Advertisement -spot_img