Senator Ted Cruz invokes Canadian unrest to advocate for Bitcoin again - BitcoinEthereumNews.com
Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization. Cruz said he is very bullish on Bitcoin because it is highly decentralized and canot be controlled by any government or entity. He went on to cite the example of an ongoing issue in Canada, where the government enforced emergency laws as a retaliation to the Freedom Convoy truckers protest against COVID-19 mandates. The Canadian government asked financial institutions and banks to freeze accounts of protesters followed by an order to crypto exchanges and crypto wallet service providers to do the same. A non-custodial wallet service provider Nunchuck received a similar order, and their response to the government went viral which eventually found its way to CPAC via Cruz. One of the reasons I‘m bullish on #Bitcoin is because it’s decentralized. The Left hates Bitcoin because they cant control it. #CPAC2022 pic.twitter.com/D4PYNacNBZ - टेड क्रूज़ (@tedcruz) फ़रवरी 25, 2022 Cruz read the response of the Bitcoin wallet service provider which asked the Canadian government to read up on self custody wallets and private keys. The response also notified that they don‘t have access to any of their user’s financial information beyond their email