U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those who want control of currency.”
Senator Ted Cruz ‘Incredibly Bullish’ on Bitcoin, Crypto
Senator Ted Cruz (R-TX) discussed bitcoin at the Heritage Foundation’s Bitcoin and the American Experiment event Monday. He began:
I gotta say when it comes to bitcoin, when it comes to crypto more generally, I am incredibly bullish.
“I think it is in the process of, and in the future even more so, will change the world,” he opined.
He proceeded to talk about various reasons why people are attracted to bitcoin. Firstly, many are using it as a hedge against inflation. Secondly, he explained that “there’s also an appeal of speed, the ability to instantly carry out a financial transaction anywhere in the world instantane
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