Crypto News
| Published On Jan 18, 2024 8:55 am CET | By Peter Siu

Trump Promises to Block Digital Currency to “Protect Americans from Government Tyranny”

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During a recent campaign speech in Portsmouth, New Hampshire, former President and current United States presidential candidate Donald Trump passionately declared his opposition to the concept of a central bank digital currency (CBDC). In his speech, he expressed strong concerns about the potential risks and governmental overreach associated with such a currency.

Trump explained that a CBDC would grant the federal government complete control over citizens’ finances, posing a significant threat to personal freedoms. He emphasized the danger of the government having the ability to access and potentially seize individual funds without their knowledge.

His statement, “I will never allow the creation of a central bank digital currency,” was met with enthusiastic applause from the audience. Acknowledging their response, Trump commented on the intelligence of the New Hampshire crowd and reiterated his commitment to preventing the establishment of a CBDC in the United States.

The former president’s pledge, “Tonight I’m making another promise to protect Americans from government tyranny,” indicates his firm stance on safeguarding citizens’ rights and freedoms from potential government overreach.

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Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.