Florida Governor Ron DeSantis has reaffirmed his stance on banning monetaryย authority digitalย currencies (CBDCs). Ron DeSantis vows to halt CBDC rollout if he is elected as Unitedย States president in 2021.
Governor DeSantis strongly opposes CBDCs and vows to prohibit their acceptance in Florida. He doubts Congress would authorize them and claimsย that if the Fed or Treasury were to implement CBDCs unilaterally, Florida would have a legal prohibition against them.ย
Governor DeSantis Takes Strong Stance Against CBDCsย
DeSantis intendsย to safeguard financial independence and prevent a surveillance state where all transactions are monitored. In March of aย yearย ago, DeSantis actively advocated for legislation prohibiting the use of CBDCs in the state.ย
Speaking at an event titled โ Government of Laws, Not Woke Politics,โ he emphasized that if the Unitedย States Federal Reserve or Treasury were to officially setย up a CBDC, Florida would implement a legal prohibition against its adoption.
Governor DeSantis actively opposed the federal governmentโs proposed monetaryย authority digitalย currency (CBDC) concept. Instead, he actively supported digitalย currencies that operate independently of CBDCs.
Governor Ron DeSantis opposes the concept of a monetaryย authority digitalย currency (CBDC) and believes it poses dangers. He criticizes CBDCs as an effortย to eliminate digitalย currencies and gain control over the financial system. DeSantis aligns with other Republican officials, such as Tom Emmer, Ted Cruz, and Marjorie Taylor Greene, who have expressed similar concerns. Democratic presidential candidate Robert Kennedy Jr. has likewise warned about theย capacity consequences of a CBDC, highlighting the danger of financial slavery.
JUST IN: Ron DeSantis reveals heโs against banning #Bitcoin, against CBDCโs, and that โ numerous politicians in Washington are anti- Bitcoinย (BTC) simply because they doย not have full control over itโ. pic.twitter.com/CwywTvwXnc
โ WhaleWire (@WhaleWire) May 24, 2023
DeSantis criticizes โwoke politics,โ asserting that the opposition to digitalย currencies stems from their inability to control them. He emphasizes that a desire for control drives the dislike of cryptocurrency and isย warning against centralized power over financial transactions.
Governor Ron DeSantis Takes Company Stance on Economic Policy
DeSantis, a Republican from Florida, actively addressed the stateโs economic policy. He demonstrated his commitment by signing a bill designed to counter the environmental and social governance (ESG) standards established by the Unitedย States government.ย
Inย addition, DeSantis clearly stated his intention toย guard the interests of Floridians by prohibiting the use of state funds for ESG standards and investments. In his speech, Governor DeSantis actively voiced his concerns about the ESG agenda, emphasizing its misalignment with the priorities of the average Floridian or American.ย
He explicitly stated it as an agenda imposed by the elite and stressed the importance of acknowledging itsย probability dangers.ย
DeSantis Voices Support for Bitcoinย (BTC) and Criticizes Cryptocurrency Regulationย
Governor DeSantis expressed his support for Bitcoinย (BTC) (BTC) and criticized attempts by his opponents to regulate digitalย currencies, seeingย as them unnecessary Government interference. He indicatedย that the reason some politicians in Washington dislike Bitcoinย (BTC) is because they canโt control it, and he believes they are threatened by its decentralized nature.ย
โPeople in Washington doย not like #Bitcoin because they doย not control it. It represents a threat to them.โ โ Presidential candidate Ron DeSantis ๐บ๐ธ pic.twitter.com/QbfXs3dy13
โ Bitcoinย (BTC) Magazine (@BitcoinMagazine) May 25, 2023
Althoughย while the SEC under the Biden administration has taken enforcement actions against digitalย currency corporations, DeSantis indicatedย that he would firmly oppose any potential congressional ban on Bitcoinย (BTC), despiteย theย factย that such a ban has not been seriously considered.
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