- Florida’s Republican Gov. Ron DeSantis released a plan to fight efforts by Democrat President Joe Biden to replace traditional cash with a central bank-controlled “digital dollar.”
- Biden recently ordered the Federal Reserve to prepare for the implementation of a central bank digital currency. A digital currency would allow the government to control your money, income, and personal behavior. It would likely mean a further crackdown on conservatives, Trump supporters, Christians, and Pro-Life Americans.
- To combat the issue, DeSantis proposed legislation that would ban the recognition of central bank digital currencies as money under Florida’s Uniform Commercial Code. The governor’s legislation would ban centralized digital cash whether it’s from the federal government or an overseas central bank.
- “The Biden administration’s efforts to inject a Centralized Bank Digital Currency is about surveillance and control,” DeSantis said in a press release. “Today’s announcement will protect Florida consumers and businesses from the reckless adoption of a ‘centralized digital dollar’ which will stifle innovation and promote government-sanctioned surveillance.”
DeSantis Moves To Block Biden’s Bid To Replace Cash With ‘Digital Dollar’
FILE - In this July 1, 2021, file photo President Joe Biden, right, looks at Florida Gov. Ron DeSantis, left, during a briefing with first responders and local officials in Miami on the condo tower that collapsed in Surfside, Fla. As he prepares for a reelection bid next year that could propel him into a presidential campaign, the tragedy in Surfside is exposing voters to a different side of DeSantis. (AP Photo/Susan Walsh, File)