Trump challenges CBDC implementation, stressing risks to financial freedom and fear of increased government control.
bitcoin Despite past skepticism, Trump’s significant investment in cryptocurrencies suggests a changing perspective on digital assets.
Shared concerns among presidential candidates about CBDCs highlight the broader political debate on the future of digital currencies.
Former US President Donald Trump has vehemently opposed the current administration’s implementation of a Central Bank Digital Currency (CBDC). Trump, staging a comeback in the 2024 US presidential elections, articulated his stance in a speech that garnered significant applause.
JUST IN: 🇺🇸 Donald Trump says he’ll “never allow the creation of a central bank digital currency where they can rob your money.” pic.twitter.com/D7nn3YLO1j— Bitcoin Magazine (@BitcoinMagazine) January 22, 2024
During his speech, Trump asserted,
I will never allow the creation of a Central Bank Digital Currency where they can rob your money.
His statement strongly opposes the concept of CBDCs, which he views as a potential threat to individual financial freedom. Trump emphasized the risk of government …
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