CBDC To Be Outlawed in Florida, Ron DeSantis Says

According to Ron DeSantis, the CBDC will be outlawed in Florida. Here’s what more he had to say about the matter.

The Florida Governor Ron DeSantis said that he will prohibit the use of any central bank digital currency (CBDC) in Florida should the US government issue one.

In a new speech at a law signing event, he released a warning about the fact that CBDC is an infringement on people’s financial privacy and would also be used to try and block crypto.

“The danger of the digital currency is, is that, one, they want to make that the sole currency. They want to get rid of crypto. My view is, if you want to invest in crypto, it’s up to you. You can do it. You can make those decisions. But they don’t like crypto because they can’t control crypto.”

He continued and said the following:

“So they want to put everything in a central bank digital currency. And I guarantee you if they’re able to ever get away with that, they will impose ESG (environmental, social and governance standards) and social credit scores onto that. And that’s going to be a huge reduction in freedom for people in this country.”

There are some new juicy prediciotns out, and they are really optimistic.

It’s been just revealed the fact that the popular crypto analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks.

Svenson said recently that Bitcoin could go parabolic if it repeats a similar pattern seen months before the last halvening.

Regarding the price of Bitcoin, at the moment of writing this article, BTC is trading in the red, and the king coin is priced at $29,145. Stay tuned for more news from the crypto space.