“One of the reasons why I'm so bullish on bitcoin is because it is decentralized and not controllable,” said the senator. crypto cryptocurrency $BTC
He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.”U.S. Senator Ted Cruz from Texas spoke favorably about bitcoin at the Conservative Political Action Conference Thursday. Launched in 1974, CPAC “is the largest and most influential gathering of conservatives in the world,” its website describes.One of the reasons why I’m so bullish on crypto, on bitcoin, is because it is decentralized and not controllable.
Senator Cruz proceeded to read aloud a letter from a bitcoin wallet company called Nunchuck to the Ontario Superior Court Justice. The company received an order from the court on Feb. 18 to freeze and disclose information about the assets involved in the Freedom Convoy movement.to the court, the Nunchuck team explained that it is a “self custodial, collaborative-multisig Bitcoin wallet.
The letter ends with the company urging the court, “Please look up how self custody and private keys work.”Senator Cruz then talked about control, stating: