US Presidential Candidate Opposes Fed’s CBDC Plans, Says It Will Pave Way for Banning and Seizing Bitcoin

A candidate for the US Presidency is opposing the Federal Reserve’s plan to create a central bank digital currency (CBDC), saying that it could ultimately lead down a path where the government seizes Bitcoin (BTC).

Highlights

• A candidate for the US Presidency is opposing the Federal Reserve’s plan to create a central bank digital currency (CBDC) Robert F. Kennedy says that the government’�s plans for a CDBC ‘grease the slippery slope to financial slavery and political tyranny’ The Federal Reserve currently has plans to release FedNow, its CDBC service, in July.
• Kennedy says the lack of anonymity associated with CBDCs is a grave danger that would allow the government to expand its authority and intrude into people’s lives.
• The presidential candidate further says he believes that governments around the world will use alarmist tactics to usher in the era of global CDDCs.

---

Read the original article