In an interview with Forbes, Texas Senator Ted Cruz voiced support for Bitcoin mining and affirmed that mining operations benefit the Texas economy and grid. Cruz admired the decentralized nature of cryptocurrency technology and talked about the financial freedom achieved through the uncontrollable nature of Bitcoin.
The senator highlighted the distinctive quality of Texas during his speech, emphasizing the profound affection its residents have for their freedom. He underscored this unique attribute by drawing attention to the role of Bitcoin.
Similarly, Cruz cited financial freedom as a focal point for creating crypto regulations implied by the world’s jurisdictions with their own point of view. He admitted China’s ban on cryptocurrencies as an example.
The Texas senator also shared the interview with his 3.4 million followers on X (previously known as Twitter) and added:
“Texas is a hub for jobs, innovation, and freedom—making it the natural oasis for Bitcoin mining. These operations can improve our grid resiliency since they can shut off during inclement weather and free up electricity to heat or cool homes.”
What Makes Sen. Cruz Bullish On Bitcoin?
The US senator finds Bitcoin more alluring due to its unc
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Author: Kent Glory