CBDC

The Financial Equivalent of the Death Star’: US Lawmaker Blasts the Fed for Looking into Building What He Calls an ‘Orwellian-Style Payment System’ — Here’s Why He’s Upset

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A U.S. lawmaker has accused the Federal Reserve of quietly working on a central bank digital currency (CBDC) — which he likens to “building the financial equivalent of the Death Star.” Rep. Warren Davidson of Ohio believes it would create similar authoritarian powers for the nation’s central bank to “corrupt … [coerce] and control” Americans […]

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Big Brother and the Digital Dollar

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President Biden signed an executive order last year urging government agencies to research a potential central bank digital currency. CBDCs are a despotic innovation, of the sort that have besieged us during the past five years—lockdowns, mask and vaccination mandates, “antiracism” policies, “green new deals,” projects to suppress “misinformation” and so on. Only more recently has it

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CBDCs Will Lead to ‘Dangerous’ World Without Privacy or Cash, Gold is Your Best Protection – John Butler

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Central bank digital currencies (CBDCs) will cause financial privacy and anonymity to end, as cash will likely be eradicated. “It becomes a very frightening proposition to hand over any and all financial privacy to some central organization.” Critics warn of CBDCs’ potential to be used as a tool of surveillance and control. CBDCs make bank

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Florida Governor DeSantis Signs Anti-CBDC Bill Into Law

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Florida Governor Ron DeSantis has signed an anti-CBDC bill into law, banning the use of American or foreign central bank digital currency (CBDC) in the state. The bill is designed to protect consumers and businesses in Florida by “Expressly prohibiting the use of a federally adopted Central Bank Digital Currency as money DeSantis, “Big Brother’s

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The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab

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Digital dollars could let the Fed monitor or even control how you spend your money.! CBDCs are different. They are programmable, traceable, trackable, and taxable. Literally all transactions can be surveilled, recorded, or even reversed by a bureaucrat’s push of a button. The government can easily dictate which dollars of your income go to buying

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Us Explores Central Bank Digital Currency to Preserve Dollar’s Reserve Status

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The U.S. is studying options for adopting a retail or wholesale central bank digital currency, Under Secretary of Treasury Nellie Liang said in a speech Wednesday. The U.S. is considering a CBDC as the Fed has indicated it expects to launch its 24-7, instantaneous payment service, dubbed FedNow, this spring or summer, using an existing

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