Politicians such as Ted Cruz frequently try to shoehorn Bitcoin into their political worldview, but Bitcoin is apolitical and defies categorization. In a recent, highly publicized CPAC event, Republican Senator Ted Cruz joyfully walked to the stage to welcome Bitcoin, riding on Canada’s “Freedom Convoy” rallies. Cruz slammed his political opponents, ranging from Justin Trudeau and Elizabeth Warren to the Chinese Communist Party, for opposing Bitcoin out of a desire to restrict people’s financial independence and civil freedoms, in a typically pro-Republican tirade. The Canadian trucker narrative, of course, appealed to Cruz’s right-wing sympathies. The Freedom Convoy rallies were unified in their opposition to the Trudeau government’s vaccine mandates. It was also closely affiliated with right-wing politicians like Tamara Lich of the far-right Maverick Party. Many people were overwhelmed by the political pressure, and GoFundMe, a private crowdsourcing platform, had to halt fundraising after raising more than $10 million for the truckers. One of the reasons I’m bullish on #Bitcoin is because it’s decentralized. The Left hates Bitcoin because they can’t control it. #CPAC2022 pic.twitter.com/D4PYNacNBZ — Ted Cruz (@tedcruz) February 25, 2022 Cruz’s anti-leftist perspective on Bitcoin is only flawed because it is cloaked in partisan nonsense. Bitcoin is unconcerned with your political beliefs. It has nothing to do with the progres...
