#NFPCryptoImpact US Senator Ted Cruz discussed the potential of Bitcoin in an interview, emphasizing its role in boosting small business growth and acting as a hedge against inflation. Cruz, who is a bitcoin miner himself, stressed the need for Congress to understand cryptocurrencies before implementing regulations. He noted that many Democrats in Congress are skeptical of Bitcoin because of its promotion of individual freedom and privacy. Cruz praised Texas as a favorable environment for Bitcoin mining, pointing to its low-cost energy and favorable business environment. Recent moves by companies like Hive Digital and Marathon Digital to Texas support this view. Cruz also noted his personal investment in Bitcoin, noting its significant increase in value over the years.