Donald Trump reiterates that CBDCs “threaten the economy” and that he will prevent their arrival in the US

Donald Trump reiterates that CBDCs “threaten the economy” and that he will prevent their arrival in the US

The tycoon and presidential candidate for the Republican Party is anti-digital currencies issued by central banks, because according to his view, this would give the federal government absolute control over Americans’ money.

Recently, Florida Governor Ron Desantis, another CBDC critic, also suspended his campaign and endorsed Trump’s.

Former President of the United States, Donald Trump, said that the central bank digital currencies (CBDC) They are a dangerous threat to freedom, and will prevent their landing in the United States. In this way, the Republican presidential candidate ratified his opposition to digital currencies that, in this case, would be issued by the Federal Reserve.

“Vivek wanted this: I will never allow the creation of a central bank digital currency,” Trump said, referring to crypto-friendly candidate Vivek Ramaswamy, a critic of CBDCswhich recently suspended its campaign after a disappointing performance in Iowa.

This would be a dangerous threat to freedom, and I will prevent it from reaching the United States“said the magnate. “A currency like this would give the federal government absolute control over your money. They could take your money, and you wouldn’t even know it’s gone“.

Cryptos and the outlook for elections in the US

Recently, the governor of Florida Ron Desantisanother CBDC critic, also suspended his campaign and endorsed Trump’s.

“It’s clear to me that the majority of Republican primary voters want to give Donald Trump another chance,” he said in a video posted online. “I signed a pledge to support the Republican candidate, and I will honor that pledge.”

Digital assets have not been a central issue in the 2024 US presidential race, but have continued to reappear in the spotlight as a peripheral issue by Republican candidates, but with the recent dropouts of some of them and the lack of Nikki Haley’s focus on the crypto world, her prominence in discussions could decline further.

Source: Ambito

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