On Friday, May 12, Florida Governor Ron DeSantis signed a bill to ban the use of the “centralized digital dollar,” also known as a central bank digital currency or CBDC in the state.
DeSantis has been adamant in his opposition to CBDCs, claiming last week that they are part of “woke politics” that he wishes to resist. The section of Florida law that defines money now expressly states, “The term does not include a central bank digital currency.”
During the press conference, DeSantis said that President Joe Biden’s government announced last year that it would study CBDCs in order to “crowd out and eliminate other types of digital assets, like cryptocurrency.”
Ron DeSantis confirmed the news in a post on his official Twitter page on May 12. Check out the Tweet shared below:
Florida Bans a Central Bank Digital Currency https://t.co/S8UfWrLZyc
— Ron DeSantis (@GovRonDeSantis) May 12, 2023
While speaking behind a podium labeled “Big Brother’s Digital Dollar,” DeSantis speculated that the government could conceivably utilize CBDCs to prevent people from buying gas to mitigate global warming or to track how frequently people buy firearms.
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“Anyone with their eyes open could see the danger this type of an arrangement would mean for Americans who want to exercise their financial independence and would like to be able to conduct business without having the government know every single transaction they’re making in real-time.”
The campaign for Florida Gov. Ron DeSantis published a new video on Saturday, which FOX 4 obtained first. For more information, please see the video presented below.
SB-7054 had only one vote against it at its final appearance in the Florida House of Representatives last week. When DeSantis introduced the bill in March, he said it would be about “surveilling and controlling Americans.”
DeSantis said a few days later that Florida will accept Bitcoin as payment for state taxes—but only from businesses, not ordinary taxpayers.
Although he has not officially declared his campaign, DeSantis has been topping surveys for probable Republican Party nominees and just published a book outlining his opposition to what he labels “woke” politics.
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