"“Authoritarians hate Bitcoin and hate crypto… for the same reason… they hate Joe Rogan,” Cruz said. “They can’t control him. He’s not subject to their authoritarian power.”
“They can’t control it,” he continued. “It is a system of currency outside of the monopoly control of the US government.”
“And by the way, that’s a pattern of authoritarians,” Cruz added. “Communist China outlawed Bitcoin for the same reason. Why does Elizabeth Warren hate Bitcoin? For the same reason that Xi Jinping in China hates Bitcoin, because neither one of them can control it.
“The theme through all of this is the power of freedom to be not subject to the arbitrary whims of those in government power,” "
https://www.based-politics.com/2022/02/13/ted-cruz-just-perfectly-explained-why-authoritarians-hate-bitcoin/
“They can’t control it,” he continued. “It is a system of currency outside of the monopoly control of the US government.”
“And by the way, that’s a pattern of authoritarians,” Cruz added. “Communist China outlawed Bitcoin for the same reason. Why does Elizabeth Warren hate Bitcoin? For the same reason that Xi Jinping in China hates Bitcoin, because neither one of them can control it.
“The theme through all of this is the power of freedom to be not subject to the arbitrary whims of those in government power,” "
https://www.based-politics.com/2022/02/13/ted-cruz-just-perfectly-explained-why-authoritarians-hate-bitcoin/