Dear John,
Digital assets, like Bitcoin and Ethereum, have become popular across the world for personal and financial security. However, overreaching governments like those in China and Canada have used central bank digital currencies (CBDC) to censor political and personal beliefs.
The Biden Administration's policies means the country moves forward with a CBDC that would allow the government to violate Americans’ financial privacy. However, the House voted to block the Federal Reserve from issuing CBDCs without congressional approval.
I want to hear your thoughts. Do you support the Biden Administration’s plan to create a central bank digital currency?
Let me know here.