Trump's strong position against the central bank's digital currency! What is the reason for his opposition to CBDCs?

Donald Trump, the candidate for the presidency of the United States and former president of the country, said during a campaign speech yesterday that if he wins the election, he will “never” allow the Federal Reserve to issue a central bank digital currency (CBDC) in the country. create

Trump said:

Tonight I make another promise to protect Americans from government tyranny. I will never allow the creation of a central bank digital currency.

These statements met with strong applause from the people, to which Trump said in response:

I didn't know you knew so much… so smart people!

And then explained:

Such a currency would give a federal government, our federal government, absolute control over your money… they could take your money, and you wouldn't even know it was gone… that would be a dangerous threat to liberty and I will prevent it. did

The election of the 60th four-year presidential term of the United States will be held on November 5, 2024.

Get 500 million Baby Dodge reward

Register in Bitland right now and get 500 million Baby Dog bonus!

Beginning

In 2023, Ron DeSantis, another presidential candidate and governor of Florida, made a similar promise, saying he would say “no” to central bank digital currency on his first day in office.

As you know, CBDCs are a digital or tokenized version of cash that is issued and regulated by central banks and may or may not use blockchain as an underlying technology.

While there are currently no proposals from the Federal Reserve to introduce CBDCs, that hasn't stopped it from becoming a hot topic in US politics, especially on the campaign trail.