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US Senator Ted Cruz says that he is “incredibly optimistic” about the oldest crypto asset, and therefore weekly replenishes his investment portfolio with digital assets. Cruz is convinced that cryptocurrency will “change the world.”
During the event “Bitcoin and the American Experiment” of the Heritage Foundation, Senator Ted Cruz expressed his opinion on digital assets and BTC, news.bitcoin reports.
He openly admitted that he is extremely optimistic when it comes to Bitcoin and the crypto industry. The senator believes that now this sector is “in the process, but in the future” will make changes in this world.
Ted Cruz also voiced the reasons why people are so interested in Bitcoin. In his opinion, many refer to the oldest crypto asset as a protection against inflationary processes. In addition, users are attracted by the ability to conduct fast, almost instantaneous and practical free transactions from anywhere in the world.
He especially noted such an advantage of cryptocurrencies as freedom. A situation where there is no one responsible is frightening for those who make decisions in government. Cruz noted that China and US Senator Elizabeth Warren would like to control crypto assets, and the current situation with their lack of control and decentralization looks “terrible.”
Speaking about personal investments in the asset, Cruz noted that he is among the crypto investors and invests his own funds in Bitcoin. The senator confirmed that he buys BTC weekly. That being said, Ted Cruz notes that he’s not smart enough to be a player in the market, so he thinks his strategy should work: invest the same amount every week and every month.
He believes in Bitcoin, so he would like the asset to form a part (albeit not huge) of his investment portfolio.
As for other digital assets, Cruz prefers not to take risks, as he understands them worse, and therefore does not deal with them yet.
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