Senator Ted Cruz has issued scathing remarks against the use of a CBDC, claiming their only intention is “to destroy all the value of Bitcoin, to destroy anonymity, to destroy decentralization.” The Texas lawmaker went on to say that he’s also been executing recurring buys of the leading cryptocurrency, revealing that he holds “a little more than two Bitcoin” during yesterday’s Bitcoin Policy Summit event. This isn’t his first attack on state-backed digital assets either; last month he introduced legislation to prevent the Fed or the U.S. government from creating a CBDC.
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