US Sen. Ted Cruz Reveals His Bitcoin Investment Strategy
Ted Cruz Ultra Bullish On Bitcoin The Texas Republican commented that the comparison between Bitcoin and digital gold was compelling, and he was adamant in his belief that Bitcoin is “the alpha in the crypto sphere.” Moreover, he mentioned that he has a standing order to buy more Bitcoin next Monday morning and is willing to tolerate the volatility that comes with a long-term investment in risk-assets like cryptocurrencies. advertisement Read More: First Republic Bank Crisis Deepens As US Govt. Refuses Intervention Furthermore, he remains confident of the 21-million Bitcoin cap that was hard-coded into the digital currency during its creation. Addressing the panel, Cruz noted that he sees this number as a hedge against inflation, especially when U.S. politicians have been printing money at an alarming rate, coupled with Federal Reserve’s incessant rate hikes. The 52-year-old Republican was quoted as saying: Trending...