Friday, September 13, 2024

Are congressional Republicans about to greenlight a CBDC?

Posted By Peter Coyne | 2023-06-07 06:48:28

Two anti-CBDC bills are currently sitting before Congress — but there’s a HUGE difference between them.

  • One would prevent a CBDC surveillance token from replacing the American dollar.
  • The other would actually greenlight a CBDC by a government-chosen contracts.

Bill #2, bizarrely, openly allows a CBDC so long so it’s run by a government-chosen company like Ripple or perhaps a Wall Street bank.

  • It would be tragic if a China-style CBDC is forced on the American people by Republicans who, at best, didn’t understand what they voted for.

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