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IPFS News Link • Trump Administration

Trump Promises Never To Allow CBDCs In US, Says He Will 'Protect Americans From Government Tyran

• MSN

Former President Donald Trump, on Wednesday, spoke against the idea of the United States adopting a Central Bank Digital Currency.

What Happened: During a campaign stop in New Hampshire, Trump said, "Tonight I'm also making another promise to protect Americans from government tyranny. I will never allow the creation of a Central Bank Digital Currency." 

The crowd showed their approval with applause. Trump reacted by saying, "I didn't know you know so much … New Hampshire, very smart people."

Trump continued to explain his concerns: "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."