Name
Charles Schwertner
Description
A conservative Republican U.S. Senator from Texas and a practicing orthopedic surgeon. Representing Senate District 5 since 2013, he chairs the Senate Committee on Business and Commerce and leads key legislative initiatives in technology, finance and public policy.
Referenced by
Senator Schwertner emphasized Bitcoin’s resilience through market cycles and national deficits, positioning it as a strategic reserve asset for Texas. Lawmakers argue that Bitcoin serves as a hedge against inflation and economic uncertainty, much like gold.
Crypto news
Claim
We don’t have stacks of dollar bills and safes like we did in medieval times. What we have is digital currency
Crypto news
Quote
Bitcoin, according to a statement from Texas Senator Charles Schwertner last week, “has proven itself through multiple boom and bust cycles,” making it a great reserve asset in times of a “devastating national deficit” along with “inflation and uncertainty,” as Schwertner described
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Quote