Trump Vows He ‘Will Never Allow the Creation’ of a ‘Digital Dollar’

President Donald Trump has vowed that he “will never allow” so-called “cashless societies” to infest America and promised voters that he will block “the creation of a Central Bank Digital Currency (CBDC)”

In recent years, globalists such as the World Economic Forum (WEF) and the United Nations (UN) have been pushing for the rollout of a CBDC or a “digital dollar.”

However, as Slay News frequently documents, “digital cash” poses a significant threat to the privacy, security, and freedom and people everywhere.

Trump said he is making the “promise” to block “digital cash” in order to “protect Americans from government tyranny.”

The 45th president and Republican 2024 frontrunner made the pledge during a campaign stop in New Hampshire.

“As your president, I will never allow the creation of a central bank digital currency,” Trump said on stage.

“This would be a dangerous threat to freedom, and I will stop it from coming to America,” he continued.

“Such a currency would give a federal government, absolute control over your money.

“They could take your money, and you wouldn’t even know it was gone.”

WATCH:

Trump was joined on the stage by crypto-friendly former candidate Vivek Ramaswamy.

Ramaswamy who recently ended his campaign and endorsed Trump instead.

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CBDCs are digital versions or tokenized versions of cash.

However, unlike cryptocurrencies such as Bitcoin, CBDCs are issued and regulated by central banks that may or may not use blockchain as an underlying technology.

CBDCs would give government officials and unelected bureaucrats complete control over public spending.

In the same way that social media platforms can censor users for wrongdoing, the government would be able to block members of the public from accessing their own money or spending it on certain items.

For example, if the federal government decides a person’s “carbon footprint” is too high, or believes they “misgendered” someone on social media, they could be blocked from buying food.

As Slay News has reported, the WEF has been gloating that the technology could be used to subvert the U.S. Constitution by blocking Americans from buying “less desirable” items such as guns and ammo.

While there’s currently no proposal from the Federal Reserve to introduce a CBDC, this hasn’t stopped it from becoming a hot issue in U.S. politics, particularly on the campaign trail.

CBDCs have emerged as one of the hottest issues for the 2024 election, CoinDesk reported last May.

“If CBDCs are the encroachment on our civil liberties that the majority of people believe they are, we don’t have time to wait,” Samuel Armes, of the Florida Blockchain Business Association, said at the time.

“At the end of the day, if the Feds want something, they’re going to try to get it. So it’s our job to try and stop it.”

Democrat President Joe Biden, meanwhile, has been pushing for the rollout of the CBDC.

As Slay News reported, Biden ordered the Federal Reserve to “explore” CBDCs last March.

READ MORE: WEF Banker: Eliminating Cash Gives ‘Absolute Control’ over Population

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By Frank Bergman

Frank Bergman is a political/economic journalist living on the east coast. Aside from news reporting, Bergman also conducts interviews with researchers and material experts and investigates influential individuals and organizations in the sociopolitical world.

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