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Florida Governor: "Fed's digital currency payment system “is ceding the power of our financial freedom to a central bank which does not have our interests at heart.”

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by COINS NEWS 127 Views

Florida Governor DeSantis said this in his 30 minute long speech last month, and I think it's something to think about.

With all the news of CBDCs lately, it seems as if governments have found their way of not losing their over people's finances through these stable coins owned by them through Central banks.

Everyone's been worried about how it's "Orwellian", and how it could ultimately seeks to draw people away from crypto, from decentralization, towards centralization.

I think El Salvador is a great example here of how a government should take action when it comes to Crypto, with them having chosen Bitcoin and of having invested in it. Even building a Bitcoin Volcano city, to mine and to promote Bitcoin.

Do you think there are any benefits to government owned stablecoins, and will the Congress in U.S accept it?

submitted by /u/Elie0_0
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