.GovRonDeSantis's team posted a new video highlighting his recent ban on Central Bank Digital Currency in Florida. The video, released by DeSantis War Room, warns that POTUS's Federal Reserve is 'exploring' the creation of a CBDC.
The video, released by DeSantis War Room on Saturday, warns that President Joe Biden's Federal Reserve is"exploring" the creation of a Central Bank Digital Currency, which could limit the cash payments people could make, such as buying a firearm or donating to religious charities. DeSantis's ban on CBDC's is aimed at getting ahead of any possible limitations."Because in Florida ... Biden Bucks Stop Here," the video proclaims.
“The government and large credit card companies should not have the power to shut off access to your hard-earned money because they disagree with your politics,” said DeSantis. “Biden’s Central Bank Digital Currency aims to increase government control over people’s finances, and we will not allow it. In Florida, we value personal freedom and won’t allow self-interested elites to chip away at our liberty.
Biden issued an executive order in 2022 to explore the creation of a CBDC in the U.S. Unlike bitcoin or similar cryptocurrencies, a CBDC is controlled and issued by the government to consumers, allowing the government access to consumer activity.
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