Republican Senator Ted Cruz, who is among the politicians who defend Bitcoin and support its adoption in the USA, continued to praise Bitcoin at the Conservative Political Action Conference (CPAC), which he attended.
Stating that Bitcoin’s decentralization is a great advantage, Cruz said that he is quite optimistic about Bitcoin as it cannot be controlled by governments or any organization.
“One of the reasons I am optimistic about Bitcoin is that it is decentralized.”
Also referring to the measures taken by the Canadian government against the Bitcoin donation campaign for truckers protesting the Covid-19 bans, the US senator evaluated Bitcoin wallet service provider Nunchuck’s response to the Canadian government as spectacular.
“The response by Bitcoin wallet service provider Nunchuck to the Canadian government’s retaliation is simply spectacular.
This is also an indication that Bitcoin cannot be controlled by governments.”
One of the reasons I’m bullish on #Bitcoin is because it’s decentralized.
The Left hates Bitcoin because they can’t control it. #CPAC2022 pic.twitter.com/D4PYNacNBZ
— Ted Cruz (@tedcruz) February 25, 2022
Those Against Bitcoin Actually Want to Control You!
Ted Cruz continued his speech, pointing to China’s ban on cryptocurrencies, arguing that the Left hates Bitcoin.
“Like Chinese communists and Elizabeth Warren, Canadian Prime Minister Justin Trudeau hates Bitcoin. Because the left cannot control Bitcoin.
The purpose of this segment is to control you, your assets, savings, investments, in short, your life. And they hate Bitcoin because they can’t control it.”
This sharing of Cruz was not well received by the crypto community. One user stated that it is not correct to separate Bitcoin into left and right, and Ted Cruz said, “A politician who uses Bitcoin to his advantage” described as.
To counter Cruz’s opponents as well, “be more pro-Bitcoin” He recommended.
US Senator Ted Cruz also announced that he bought Bitcoin earlier this month.
*Not investment advice.