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DeSantis Bans Central Bank Digital Currency In Florida, Citing Privacy Concerns

BY 100 PERCENT FED UP STAFF

 

On Friday, Florida Governor Ron DeSantis signed legislation that will ban Central Bank Digital Currency (CBDC) in Florida after referencing ‘Big Brother’ in 1984, saying that it would allow the government to extensively track Americans purchases.

The Central Bank has been attempting to come up with a government-approved alternative to cryptocurrencies such as Bitcoin and Ethereum as bitcoin transactions are difficult to trace and allow people to evade taxes.

DeSantis voiced concerns that the currency could be used as a method of social control and to implement controversial agendas, limiting how much gasoline people can buy or if they can purchase a firearm.

DeSantis further warned that the money’s use could be tied to a so-called ‘social credit score’, like what is used in China to coerce people in to what the Chinese Communist Party sees as ‘pro-social’ behaviors…

READ FULL ARTICLE HERE… (100percentfedup.com)

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