Bitcoin

Ted Cruz Embraces Bitcoin Donations

U.S. Senator Ted Cruz has taken a significant step towards embracing digital currency by accepting Bitcoin for campaign contributions. Through the use of OpenNode, contributions can be made both on-chain and through the lightning network, reflecting his bullish stance on Bitcoin and its potential benefits for the country.
By
Jordan Tuwiner

Jordan discovered Bitcoin in 2013 and has been helping others learn about Bitcoin since through this site, which reaches 20,000+ readers daily.

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      November 2, 2023

Ted Cruz Embraces Bitcoin Donations

Key Takeaways

  • Senator Ted Cruz now accepts Bitcoin for campaign donations.
  • Donations can be made on-chain or via the lightning network.
  • Cruz is actively promoting Bitcoin awareness in the Senate.

Cruz’s Bitcoin Campaign Trail

U.S. Senator Ted Cruz has officially started accepting Bitcoin as a form of donation for his senate campaign. This groundbreaking move is facilitated by OpenNode, a Bitcoin payments platform, allowing donors to contribute either via the traditional on-chain method or through the lightning network, offering speedy transactions.

Advocating for Bitcoin’s Potential

Senator Cruz has not been silent about his support for Bitcoin, particularly highlighting its positive impact on energy and the economy in Texas and beyond. His advocacy extends to educating his peers in the Senate about the cryptocurrency, expressing concerns about the lack of Bitcoin knowledge among his colleagues.

A Senator’s Growing Investment in Bitcoin

In his journey to spread Bitcoin awareness in Washington D.C., Senator Cruz revealed his personal investment in the digital currency at the Bitcoin Policy Summit in April. Owning more than 2 Bitcoins, he adds to his holdings every week, demonstrating his strong belief in Bitcoin’s future.

Article Sources

BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.

  1. US Senator Ted Cruz Now Accepts Bitcoin For Campaign Donations, https://bitcoinmagazine.com/business/us-senator-ted-cruz-now-accepts-bitcoin-for-campaign-donations

About the Author

jordan tuwiner

Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. He studied computer science at Towson University and holds an online degree in trading & cryptocurrency. Jordan has been writing about Bitcoin since 2015. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets.