{"id":9905,"date":"2024-01-18T11:25:54","date_gmt":"2024-01-18T09:25:54","guid":{"rendered":"https:\/\/forklog.com\/en\/donald-trump-vows-to-block-cbdc-in-the-us\/"},"modified":"2024-01-18T11:25:54","modified_gmt":"2024-01-18T09:25:54","slug":"donald-trump-vows-to-block-cbdc-in-the-us","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/donald-trump-vows-to-block-cbdc-in-the-us\/","title":{"rendered":"Donald Trump Vows to Block CBDC in the US"},"content":{"rendered":"<p>During a campaign speech in Portsmouth, US presidential candidate Donald Trump vowed never to allow the <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Federal Reserve<\/span> to launch a national digital currency (CBDC). This was reported by <a href=\"https:\/\/thepostmillennial.com\/trump-announce-he-will-never-allow-the-fed-to-create-a-central-bank-digital-currency\">The Post Millennial<\/a>.<\/p>\n<p>Trump highlighted the risks of &#8220;<span data-descr=\"denial of banking services to a citizen, for example, for political reasons\" class=\"old_tooltip\">debanking<\/span> and the emergence of political weaponry&#8221; that would accompany the implementation of a CBDC.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;As your president, I will never allow the creation of a central bank digital currency. Such an asset would give the federal government absolute control over your money. It would be a dangerous threat to freedom\u2014I will not let it happen in America,&#8221; stated the former US president.<\/p>\n<\/blockquote>\n<p>A few days ago, another Republican candidate, Vivek Ramaswamy, announced his withdrawal from the presidential race.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This entire campaign is about speaking the TRUTH. We did not achieve our goal tonight &#038; we need an America-First patriot in the White House. The people spoke loud &#038; clear about who they want. Tonight I am suspending my campaign and endorsing Donald J. Trump and will do everything\u2026<\/p>\n<p>\u2014 Vivek Ramaswamy (@VivekGRamaswamy) <a href=\"https:\/\/twitter.com\/VivekGRamaswamy\/status\/1747127549312766416?ref_src=twsrc%5Etfw\">January 16, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The people spoke loud and clear about who they want,&#8221; wrote the politician.<\/p>\n<\/blockquote>\n<p>He suspended his campaign after Trump secured a victory in the Iowa caucus. The former president also received support from Florida Governor Ron DeSantis and former UN Ambassador Nikki Haley.\u00a0<\/p>\n<p>Ramaswamy is also a supporter of crypto assets but an opponent of CBDC. Over the past year, the former presidential candidate gained backing from major market players, including Messari CEO Ryan Selkis.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Vivek is now the most influential libertarian in the country. And he is a supporter of cryptocurrencies. Trump knows he is a valuable asset,&#8221; <a href=\"https:\/\/twitter.com\/twobitidiot\/status\/1747120362750366067\">wrote<\/a> Selkis.\u00a0<\/p>\n<\/blockquote>\n<p>Earlier, Ramaswamy criticized the regulation of the crypto industry in the US. In November 2023, he presented the concept of Three Freedoms of Crypto, which &#8220;guarantees a vibrant future for digital assets and economic freedom for Americans.&#8221;<\/p>\n<p>Back in the race, another candidate, Robert Francis Kennedy Jr., promised to protect Bitcoin. According to him, the freedom of transactions is as important as freedom of speech.<\/p>\n<p>Kennedy has repeatedly criticized central bank digital currency and also purchased 14 BTC for his children as an investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a campaign speech in Portsmouth, US presidential candidate Donald Trump vowed never to allow the Federal Reserve to launch a national digital currency (CBDC). This was reported by The Post Millennial. Trump highlighted the risks of &#8220;debanking and the emergence of political weaponry&#8221; that would accompany the implementation of a CBDC. &#8220;As your president, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,991,1280,26],"class_list":["post-9905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-donald-trump","tag-elections","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=9905"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/9904"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=9905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=9905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=9905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}