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 […]
Florida Governor DeSantis Signs Anti-CBDC Bill Into Law Read More »
The legislation would require the state comptroller to establish and provide for the issuance of gold and silver specie and also establish digital currencies that are 100% backed by gold and silver, and 100% redeemable in cash, gold, or silver. Rep. Mark Dorazio (R)introduced HB4903 on March 10 and it has since garnered a bipartisan coalition
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
The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab Read More »
Russia and Iran are working together to launch a cryptocurrency backed by gold, Vedmosti reported. The stablecoin could replace the US dollar for payments if Russia legalizes crypto in crossborder trade. A “de-dollarization” trend has already begun as the greenback’s dominance makes purchases more expensive. Russia and Iran are working together to launch a cryptocurrency backed
Dollar Dominance: Russia, Iran Eye Gold-Backed Stablecoin for Foreign Trade Read More »
