"If you look at Biden's foreign policy and you break the world into two groups, our friends and our enemies," Cruz said. "What does Biden do? He undermines and weakens our friends systematically over and over and over again. And what does he do for our enemies like Israel? He has undermined the government of Israel repeatedly. What does he do to our enemies? He shows weakness. He shows appeasement. He coddles them and he sends them billions of dollars."
"What is it with liberals that they look at Putin, they look at Xi, they look at the Ayatollah and say, ‘What they need is billions of American dollars?'" Cruz asked.
"I think part of the reason we're seeing people go to Bitcoin is because we're on the verge of an inflation crisis and Joe Biden has proposed seven trillion dollars in new spending," the Senator said. We're seeing inflation, which we're seeing lumber going up, homes going up, oil going up, gasoline going up, energy going up, commodities going up. And I think people are going to Bitcoin as a hedge against that."