Governments across the world are finding new and creative ways to keep an eye on their citizens.
If Joe Biden and his cronies had it their way, they would have the power to track each and every one of your movements.
But Donald Trump just made one pledge that drove Biden and Co. over the edge
Donald Trump just confirmed that he will not play along with any digital currencies
Digital currencies are all the rage with power-hungry bureaucrats all across the globe.
These digital forms of currency allow central banks to follow how each and every penny is acquired, spent, and stored.
As a result, central governments that adopt digital currencies have significantly more power over the people they claim to represent, and this creates significant privacy concerns.
Predictably, the Joe Biden administration wants to adopt these measures, with his administration spending significant resources to develop a digital dollar.
Among those pushing back against a digital dollar is none other than former President Donald Trump, who recently pledged to never adopt a digital dollar if reelected.
At a recent campaign speech in Portsmouth, New Hampshire, Donald Trump pledged, “As your President, I will never allow the creation of a central bank digital currency. Such a currency will give a federal government, our federal government absolute control over your money.”
He added, “They could take your money, you won’t even know it’s gone.”
In September of 2022, the White House released a statement on the matter, summarizing President Joe Biden’s feelings about a digital dollar, saying, “President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.”
The statement then explains the next steps of developing a digital currency, claiming, “A United States Central Bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC.”
The statement added, “If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system.”
The White House completely misses the mark when it comes to concerns over digital currencies
Based on the White House’s statement on the possible development of a digital dollar, it does not appear that anybody in the White House cares about the privacy and individual liberties of American citizens.
Public policy experts agree that the Joe Biden Administration has taken significant steps, more so than any other President in modern history, to limit the liberties of Americans, whether it be the freedom of speech or the right to privacy.
The development of a digital dollar could cement Joe Biden as one of the most authoritarian Presidents in recent American history.
Stay tuned to Unmuzzled News for more updates to this ongoing story.