A legislative proposal from Florida Governor Ron DeSantis would prohibit the use of a national central bank digital currency (CBDC) as money within his state.
He continued by stating that “The Biden administration’s efforts to inject a Centralised Bank Digital Currency is about surveillance and control,” “Today’s announcement will protect Florida consumers and businesses from the reckless adoption of a ‘centralized digital dollar’ which will stifle innovation and promote government-sanctioned surveillance. Florida will not side with economic central planners; we will not adopt policies that threaten personal economic freedom and security.”
Also, It was stated that president joe Biden issued an executive order last year for the federal government to study the possible uses and risks of a CBDC.
“There would be no privacy, and if there is no privacy, there are no rights. In the same way Florida is fighting back against the IRS, we need to fight back against this program. It’s how we protect freedom, liberty, and prosperity.” He added.
However, the CBDC is directly controlled and issued by the government to consumers, giving government bureaucrats the ability to see all consumer activity and the power to cut off access to goods and services for consumers.