Florida Governor Ron DeSantis Says CBDC is a Direct Threat to Personal Freedom
At a recent debate held at the University of Alabama, Republican candidates gathered to discuss various topics, including cryptocurrency regulation and Central Bank Digital Currency (CBDC).
During the event, Florida Governor Ron DeSantis criticized the idea of a central bank digital currency and pledged to discard it if he were elected president.
He took the opportunity to express his staunch opposition to CBDC, portraying President Biden’s support for such a currency as a direct assault on personal freedoms, including privacy and unregulated purchasing power.
DeSantis argued that implementing CBDC would eliminate the use of cash and force individuals to rely solely on digital transactions, thereby jeopardizing privacy and enabling excessive regulation of purchases.
“They’ll take away your privacy, they will absolutely regulate your purchases. On day one as President, we take the idea of central bank digital currency, and we throw it in the trash can. It’ll be dead on arrival.”
The debate stage featured prominent political figures, including former UN Ambassador Nikki Haley and former New Jersey Governor Chris Christie.
Notably absent was former President Donald Trump, who opted to attend a fundraiser in Florida instead.
As reported, DeSantis has signed a bill banning CBDCs in the state of Florida.
He has highlighted concerns about the potential use of CBDCs to control and surveil Americans, adding that the government could use CBDCs to stop people from buying gas to combat global warming or track how often someone purchases firearms.
“Anyone with their eyes open could see the danger this type of an arrangement would mean for Americans who want to exercise their financial independence and would like to be
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