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Republican Governor Proposes Legislation to Ban CBDCs in State


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WeLoveTrump has reported on the dangers of central bank digital currencies (CBDCs) on several occasions.

WATCH: The Plot To Enslave Every Man, Woman, And Child Is Here—Why We Must Stop CBDCs

CBDCs are a globalist tool to financially enslaves the masses.

The Federal Reserve is laying the foundation for a digital dollar and CBDCs in the United States are coming down the pipe.

CBDCs Here? Federal Reserve Announces Launch of ‘Instant Payment’ FedNow Service

It’s not a question of if but when the U.S. federal government implements the use of a CBDC.

Much of the fight against CBDCs will be at the state level.

Governors have a duty to their constituents to abolish any notion of a CBDC that destroys the financial and economic freedom of Americans.

On Monday, Florida Gov. Ron DeSantis proposed legislation to forbid the use of central bank digital currencies within the state.

“Cash is king,” DeSantis said in a press conference.

“If you can hold it in your hand, you have power over that.”

“The minute it’s all digitized, somebody else is going to have control,” he added.

WATCH:

Here’s a YouTube backup:

Insider Paper reported:

Florida Governor Ron DeSantis has proposed legislation that would prohibit the use of a national central bank digital currency (CBDC) as money within his state.

“I am here to call on the legislature to pass legislation to expressly forbid the use of CBDC as money within Florida’s uniform commercial code,” DeSantis said.

He claims that the proposal will ensure that Florida continues to support financial innovation “while protecting against government surveillance over your personal finances.”

DeSantis criticised the idea that the government has a “direct view of all consumer activities.”

“Any way they can get into society to exercise their agenda, they will do it […] How do we know? Because we’ve seen this happen in other parts of the world,” DeSantis explained.

DeSantis pointed out that central currency is not the same as traditional cryptocurrency, which is decentralised.

The governor also stated that any CBDC issued by a foreign reserve or a government-sanctioned central bank would be prohibited under the proposal.

“This will ensure that any effort to adopt a worldwide digital currency will never occur in the Free State of Florida,” he said.

DeSantis urged other states to pass similar legislation and to reject any changes to their uniform commercial code that would formally recognise a central bank digital currency.

Gov. DeSantis isn’t the only governor to push back against the institution of a central bank digital currency within his or her state.

South Dakota Gov. Kristi Noem vetoed legislation that would have laid the foundation for a CBDC within her state.

“We saw the section of the bill that changed the definition of currency. And essentially, what it did was paved the way for a government-led CBDC. And it also banned any other form of cryptocurrency or Bitcoin or digital currency that existed,” Noem said.

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