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Ted Cruz

Republican Senator from Texas

Notable statements

profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Today is a monumental day in the history of cryptocurrency and #Bitcoin. 12 years ago, a man traded 10,000 Bitcoin for 2 pizzas. This was the first transaction ever. I’m proud to see Texas develop into a crypto oasis —a testament to the Lone Star State’s ingenuity and… x.com/i/web/status/1…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Enjoyed sitting down with @DigitalChamber and @rftylerpage to talk about the power of cryptocurrency to generate new jobs, encourage entrepreneurship, hedge against inflation, and present new opportunities. pic.twitter.com/oXeyIOoyxw
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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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. pic.twitter.com/rpU5i3v03G
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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#Bitcoin and cryptocurrencies are good. Central Bank Digital Currencies are bad. Liberals and the CCP hate crypto because they can’t control it—it’s decentralized. A CBDC is run by a state’s central bank and it can monitor every transaction you make. The CBDC is an assault on… twitter.com/i/web/status/1…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Federal Reserve Officers are not elected officials – or held accountable by the public. It will be a disaster if they rollout a CBDC. It’s the main reason why they hate #Bitcoin – it’s completely decentralized. pic.twitter.com/o1GYjxJpDZ
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Texas is a hub for jobs and innovation, so it makes sense that our state has become a hub for the crypto community. Most legislators in DC don’t understand this industry, so they shouldn’t be supporting new regulations until they understand how it works. dailycaller.com/2023/03/08/ted…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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RT @KenzieSigalos: Talking #bitcoin mining with @SenTedCruz in Austin: -how flexible power buyers like BTC miners can help stabilize Texas…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Today, I attended the @TxBlockchainSmt in Austin.   I am proud to fight in the US Senate for crypto innovation – free from overly burdensome regulations.   Democrats hate crypto because they can’t control it! pic.twitter.com/Wp87UdprFL
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Today I had the pleasure of touring the largest #Bitcoin mining facility in North America in Rockdale! I am proud to lead the fight for the crypto industry in the Senate. Texas will continue to be the center for crypto innovation! pic.twitter.com/28BYfEhJzQ
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Bitcoin and crypto represent freedom. It's not surprising that there is tremendous pushback from most Democrats because they cannot control cryptocurrencies. Thank you to the @Heritage Foundation for hosting this exciting discussion tonight. pic.twitter.com/86DE3ynuCr
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Today the city of Ft. Worth took a huge leap, becoming the first local government in the country to mine #Bitcoin.   Congratulations @mayormattie and @txblockchain1, your hard work is cementing the Lone Star State as a hotbed for crypto and bitcoin innovation! twitter.com/mayormattie/st…
Very pro-crypto
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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The federal government has the ability to encourage and nurture innovation in the cryptocurrency space, or to completely devastate it. This bill goes a long way in making sure big government doesn’t attempt to centralize and control cryptocurrency. cruz.senate.gov/newsroom/press…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Proud that Texas is becoming an oasis for the #blockchain community, for #Bitcoin miners, and for innovators in the #crypto world. Unfortunately, the one thing that is capable of screwing all of this up is the United States Congress. pic.twitter.com/yfLnXNfWzV
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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The Lone Star State has quickly emerged as the main hub for the cryptocurrency industry, and that exciting industry is now in danger of being stifled and driven overseas by an overreaching provision in this newly-signed, reckless spending package. 1/3 cruz.senate.gov/newsroom/press…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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RT @SenatorBrakey: This is an interesting point by @SenTedCruz. Bitcoin mining is a good match for base load energy sources (like nuclear…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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Today, It’s easy to see why Texas is hailed as America's crypto capital.   Thanks for having me @txblockchain1 to talk to @jimmysong about how Texas is leading the way in the  innovative industry of cryptocurrency & blockchain technology at the inaugural #TexasBlockchainSummit! pic.twitter.com/cKASgQQotT
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Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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RT @Cointelegraph: Opposition to Biden’s OCC pick Saule Omarova is growing. Senator Ted Cruz is the latest crypto-friendly politician to…
Very pro-crypto
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Ted Cruz

@SenTedCruz

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Not only is Saule Omarova, Biden’s pick to lead the OCC, a threat to our traditional economy, she also wants to regulate crypto into oblivion. Crypto faces future-defining government regulations. This nomination needs to be stopped. coindesk.com/policy/2021/09…
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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That effort was blocked too. You can barely find five senators who understand anything about cryptocurrency, but apparently, that won’t stop us from regulating it to death and driving this promising industry overseas.
Very pro-crypto
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Ted Cruz

@SenTedCruz

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The Democrats’ infrastructure bill will devastate the cryptocurrency industry by imposing crushing regulations. I tried to offer multiple amendments to improve this provision.
Very pro-crypto
profile picture of Ted Cruz

Ted Cruz

@SenTedCruz

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The Senate should actually take the time to try to understand #crypto before even thinking of regulating it the way we're doing. Washington, D.C. is destroying people's lives and livelihoods from a position of functionally complete ignorance. pic.twitter.com/zDjiwPTLv2
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Very pro-crypto