Florida Governor Ron DeSantis has reaffirmed his stance on banning monetary authority digital currencies (CBDCs). Ron DeSantis vows to halt CBDC rollout if he is elected as United States president in 2021.
Governor DeSantis strongly opposes CBDCs and vows to prohibit their acceptance in Florida. He doubts Congress would authorize them and claims that if the Fed or Treasury were to implement CBDCs unilaterally, Florida would have a legal prohibition against them.
Governor DeSantis Takes Strong Stance Against CBDCs
DeSantis intends to safeguard financial independence and prevent a surveillance state where all transactions are monitored. In March of a year ago, DeSantis actively advocated for legislation prohibiting the use of CBDCs in the state.
Speaking at an event titled “ Government of Laws, Not Woke Politics,” he emphasized that if the United States Federal Reserve or Treasury were to officially set up a CBDC, Florida would implement a legal prohibition against its adoption.
Governor DeSantis actively opposed the federal government’s proposed monetary authority digital currency (CBDC) concept. Instead, he actively supported digital currencies that operate independently of CBDCs.
Governor Ron DeSantis opposes the concept of a monetary authority digital currency (CBDC) and believes it poses dangers. He criticizes CBDCs as an effort to eliminate digital 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 the capacity consequences of a CBDC, highlighting the danger of financial slavery.
JUST IN: Ron DeSantis reveals he’s against banning #Bitcoin, against CBDC’s, and that “ numerous politicians in Washington are anti- Bitcoin (BTC) simply because they do not have full control over it”. pic.twitter.com/CwywTvwXnc
— WhaleWire (@WhaleWire) May 24, 2023
DeSantis criticizes ‘woke politics,’ asserting that the opposition to digital currencies stems from their inability to control them. He emphasizes that a desire for control drives the dislike of cryptocurrency and is warning against centralized power over financial transactions.
Governor Ron DeSantis Takes Company Stance on Economic Policy
DeSantis, a Republican from Florida, actively addressed the state’s economic policy. He demonstrated his commitment by signing a bill designed to counter the environmental and social governance (ESG) standards established by the United States government.
In addition, DeSantis clearly stated his intention to 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.
He explicitly stated it as an agenda imposed by the elite and stressed the importance of acknowledging its probability dangers.
DeSantis Voices Support for Bitcoin (BTC) and Criticizes Cryptocurrency Regulation
Governor DeSantis expressed his support for Bitcoin (BTC) (BTC) and criticized attempts by his opponents to regulate digital currencies, seeing as them unnecessary Government interference. He indicated that the reason some politicians in Washington dislike Bitcoin (BTC) is because they can’t control it, and he believes they are threatened by its decentralized nature.
“People in Washington do not like #Bitcoin because they do not control it. It represents a threat to them.” – Presidential candidate Ron DeSantis 🇺🇸 pic.twitter.com/QbfXs3dy13
— Bitcoin (BTC) Magazine (@BitcoinMagazine) May 25, 2023
Although while the SEC under the Biden administration has taken enforcement actions against digital currency corporations, DeSantis indicated that he would firmly oppose any potential congressional ban on Bitcoin (BTC), despite the fact that such a ban has not been seriously considered.
- Is Shiba Inu (SHIB) Dead Now – Shiba Founder Deletes All Blogs and Tweets
- Terraform Labs Executives Rejected Bail in Montenegro
- Elon Musk (Tesla & SpaceX CEO) Is warning Investors not to Danger Everything on Dogecoin (DOGE) and Crypto
- G7 Leaders Discuss Worldwide Cryptocurrency Regulations and Support for CBDCs