BATTLEFORWORLD.COM | March 12, 2023: CBDCs (Central Bank Digital Coins) could easily be weaponized' to spy on US citizens, said Congressman Tom Emmer. That he believes the launch of programmable central bank digital currency in the United States could strip American citizens of their financial privacy, speaking on March 9 at the Cato Institute, a Washington D.C.-based libertarian think tank.

Emmer explained that the programmable CBDC would be “easily weaponized” as a spying tool to “choke out politically unpopular activity,” among other things: "As the federal government seeks to maintain and expand financial control to which it has grown accustomed, the idea of the central bank digital currency has gained traction within the institutions of power in the United States as a government-controlled programmable money that can be easily weaponized into a surveillance tool."

The congressman from the state of Minnesota introduced the CBDC Anti-Surveillance Act on Feb. 22 to halt the progress of the Digital Dollar Project, which has made significant headway in how it would be used since the second version of its white paper was released in mid-January. "Recent actions from the Biden Administration make it clear that they are not only itching to create a digital dollar but they are willing to trade Americans' right to financial privacy for the surveillance-style CBDC," said the congressman. And posted on his Twitter the following: "The future of crypto in the US will be determined by Congress and the American People - not the Administrative State."

(BattleForWorld.com: If the United States government implements "Central Bank Digital Coins", you won't have to worrying about Wells Fargo, Bank of America, Silicon Valley Bank, etc. anymore, because they won't exist. The new bank will be the Federal Reserve, and the owners of the Federal Reserve are the ruling elite families ...

Continue at BATTLEFORWORLD.COM

Tom Emmer - The future of crypto in the US will be determined by Congress.

END