DeSantis against CBDCs

18 July 2023


Ron DeSantis spoke up against central bank digital currencies, CBDCs. DeSantis, current Florida Governor and U.S. presidential candidate, said “If I will be the president, on day one, we will nix CBDCs.”

CBDCs are Central Bank Digital Currencies. These digital currencies are legal tender and guaranteed by the issuing central bank, therefore equipped with the same guarantees as the physical currency in circulation in the respective countries.

They can be defined as the digital version of fiat currency, which brings with it the conveniences of digital assets.

DeSantis - as governor -in March signed a document to prohibit the use of CBDC as money within Florida. Ron DeSantis Promises to Ban CBDCs if Elected President. It is to say that Democrats are still in silence about this subject.

DeSantis underlined that CBDCs would lead to a "massive transfer of power from consumers to a central authority".

SOURCE: CoinDesk


Follow us on Instagram @themetaeconomist 

Recent Post

Metaverse and AI meet perfumes at Pitti Fragranze in Florence

Welly: the blockchain fast food guided by a DAO

Metaverse smell touch - themetaeconomist

The future of human-machine interaction: Spatial Computing

The mafias point to the metaverse

Tether USDT Bitfinex

Tether moves 139 million USDT to Bitfinex

Ripple Fortress Trust

Ripple, an expanding fund transfer system

1 2 3 51
TheMetaEconomist 2022 - Privacy / Cookies