Senator Ted Cruz says ‘Left hates Bitcoin,’ puts Justin Trudeau, Elizabeth Warren on blast

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US Senator Ted Cruz slammed Justin Trudeau, Elizabeth Warren and China for opposing Bitcoin and praised the cryptocurrency for being decentralized and escaped from 3rd enactment control.

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Updated: April 18, 2022 at 5:53 pm

Senator Ted Cruz says ‘Left hates Bitcoin,’ puts Justin Trudeau, Elizabeth Warren connected  blast

Cover art/illustration via CryptoSlate

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During the Canadian “Freedom Convoy” protest, Ted Cruz pulled Bitcoin into the wide celebrated CPAC governmental gathering by highlighting however censorship-proof the cryptocurrency was.

“The Left hates Bitcoin due to the fact that they cant power it”

The tweet beneath shows the code made by the US legislator astatine the Conservative Political Action Conference (CPAC) 2022 lawsuit successful February earlier this year.

One of the reasons I’m bullish connected #Bitcoin is due to the fact that it’s decentralized.

The Left hates Bitcoin due to the fact that they can’t power it. #CPAC2022 pic.twitter.com/D4PYNacNBZ

— Ted Cruz (@tedcruz) February 25, 2022

Cruz slammed everyone from Justin Trudeau and Elizabeth Warren to the Chinese Communist Party for rejecting Bitcoin, saying they are against it to bounds people’s fiscal state and civilian freedoms.

“It’s 1 of the reasons wherefore I americium truthful bullish connected crypto connected Bitcoin due to the fact that it is decentralized and not controllable.” Ted Cruz said during his speech.

The legislator besides described a concern wherever the Ontario Superior Court demanded that the Nunchuk Bitcoin wallet frost and disclose accusation connected integer assets sent to anti-vaccine mandate protesters.

“Let maine springiness a fantastic example. So Justin Trudeau said, ‘I don’t similar maine immoderate truckers. So we’re going to prehend your assets. So past the tribunal went to effort to prehend the crypto that was being fixed to the truckers.” helium said.

He past work the now-famous email effect from the Nunchuk wallet steadfast to the Canadian government, successful which they said that it is intolerable to frost accounts since “that is however decentralization works.”

The Ontario Superior Court of Justice asked self-custody wallet supplier @nunchuk_io to disclose idiosyncratic accusation and frost user’s bitcoin.

This was the team’s response. pic.twitter.com/uyW9OWs1LS

— Pomp 🌪 (@APompliano) February 19, 2022

Ted Cruz continued to punctuation the email response:

“We bash not cod immoderate idiosyncratic recognition accusation beyond email addresses. We besides bash not clasp immoderate keys. Therefore, we cannot frost our users accounts.”

nunchuk email responseNunchuk email effect to the Ontario Superior Court successful full

Ted Cruz past highlighted 1 of the astir captious parts of the letter:

“We cannot forestall them from being moved. We bash not person the cognition of, quote, the existence, nature, worth and determination of our users assets. This is by design.”

The email effect closed disconnected with the pursuing lines:

“Please look up however aforesaid custody and backstage keys work.”

“When the Canadian dollar loses its value, we volition beryllium present to service you arsenic well.”

Cruz highlights the value of decentralization and blockchain technology. Since nary entity tin power the blockchain oregon idiosyncratic wallets, funds are afloat controlled by the users.

Direct power prevents involution from immoderate corporation, government, oregon 3rd party, allowing for the escaped speech of funds for users worldwide.

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