Central Bank Digital Currency (CBDCs) is threatening to undermine American's rights to privacy and autonomy as governments around the world begin moving closer to adopting this new form of currency for local commerce as well as international trade.
In America, through a partnership between Accenture and the Digital Dollar Foundation, the Digital Dollar Project was created last year to promote research into a U.S. Central Bank Digital Currency (CBDC).
Digital Dollar Project said last May it will launch five pilot programs over the next 12 months to test a U.S. Central Bank Digital Currency in the United States.
A growing number of countries are also coming forward to join BRICS and accept a digital dollar as the new currency for global trade. According to the latest report, the BRICS alliance has formally received applications from 25 countries to join the bloc. This means oil-rich nations that have signed on can demand digital currency for the millions of gallons of oil they send to the US every year, placing pressure on our country to fall in line with the agenda.
We need everyone in America who values freedom to take action today! We must tell our lawmakers to take action to preserve the use of tangible money for all transactions and oppose all legislation that threatens our rights to autonomy!
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Bill to Ban CBDCs Gains Traction House Bill 525 was passed in Hawaii in January 2023 that allows the alteration of state law pertaining to money. The new language added allows for the use of electronic money that can be programmed and controlled without consent of both parties involved in transactions. This same kind of legislation has been passed in numerous states across the country and is the groundwork to begin implementing central bank controlled digital currency (CBDC).CBDCs threaten...