Florida Republican Governor Ron DeSantis told Tucker Carlson on Friday that certain digital currencies would enable a “social credit system” and pose a “great threat” to freedom.
The White House has pushed for a central bank digital currency (CBDC) in September 2022 while criticizing private digital currencies like Bitcoin. Critics of the CBDC say it opens the door for greater government control over its citizens. (Related article: ‘They didn’t win at the ballot box’: Companies are trying to ‘stop running around’, says DeSantis)
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“They want to do away with cash, they don’t need cryptocurrencies, they want this to be the only form of fiat currency, and they’ve said it publicly in Davos and elsewhere. , “You’ll be able to ban unwanted purchases of fuel, ammunition, etc. So the moment you give them that power, they’re going to impose social credit on this country.” Mr. DeSantis told Mr. Carlson. Co-Founder of Daily Caller and Daily Caller News Foundation. “CBDC is a major threat to American freedom.”
Massachusetts Democratic Senator Elizabeth Warren announced her support for CBDC in June 2021, arguing that bitcoin mining is one of the world’s largest energy consumers.
“Legitimate digital public money could help drive out fake digital private money,” Warren said.
DeSantis on May 2 banned state and local governments from considering environmental, social and governance (ESG) factors when issuing bonds, and banks from considering “social credit” when making lending decisions. and signed a bill banning discrimination on political and social grounds. Or religious ideology.
“On January 20, 2025, the history of this country will be a heap of ashes,” DeSantis said of the CBDC.
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