Jan 21, 2024

Trump says he will prevent implementation of CBDC

Donald Trump, the former U.S. President and leading 2024 Republican Presidential Candidate, has announced that he would prevent the establishment of a digital dollar, also known as a U.S. central bank digital currency (CBDC), if he was re-elected to the presidency this year.

During a campaign speech in Portsmouth, New Hampshire, he said:

To protect Americans from government tyranny, as your President, I will never allow the creation of a central bank digital currency. Such a currency would give a federal government, our federal government, the absolute control over your money [...] they could take your money, and you wouldn’t even know it was gone.

JUST IN: 🇺🇸 Donald Trump says "As your president, I will never allow the creation of a Central Bank Digital Currency. Such a currency would give our federal government absolute control over your money." pic.twitter.com/lSE2AGYgOm— Bitcoin Magazine (@BitcoinMagazine) January 18, 2024

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