Florida Governor Ron DeSantis says that the agenda to bring in a central bank digital currency (CBDC) will be nixed on his first day in office if he is to be elected president.
In a discussion with popular news personality Tucker Carlson at the Family Leadership Summit, DeSantis says that he’s expecting the Federal Reserve to try and push through a CBDC without going through Congress.
“If I’m the President, on day one, we will nix central bank digital currency. Done, dead, not happening in this country.
In the state of Florida, because the Fed has been talking about this – and what the Fed said was, ‘Well we wouldn’t do it without consulting the legislative and executive branches, ideally we would get a law passed.’
No no no, that’s not [what] the constitution says, [that] it’s only ideal that you get a law passed, you would have to get a law passed. I don’t think Congress would pass that, so I think the Fed may try to do something unilaterally. So what we did in Florida is we basically passed a law that says ‘We do not recognize CBDCs in the state of Florida.’ And I think other states are probably going to follow suit. That will jam their ability to do it through executive action.”
DeSantis has said multiple times this year that Florida would attempt to ban CBDCs if the Federal government introduced one.
The governor says that CBDCs are a trojan horse for the elimination of physical cash while giving the government control over what people purchase.
“They want to get rid of cash, they want no cryptocurrency and they want this to be the sole form of legal tender. And they have said this publicly in Davos and other places. It will allow them to prohibit ‘undesirable purchases’ like fuel and ammunition, and so the minute you give them the power to do this, they are going to impose a social credit system on this country. CBDC is a massive threat to American liberty.”
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
