Surveillance Currency: The Risks of Central Bank Digital Currencies

by Bobby Mimmo

The idea of a Central Bank Digital Currency (CBDC) poses a serious threat to American freedom. Many believe that if implemented, this digital dollar would give the federal government unprecedented control over individual finances. It’s a move that could allow the government to monitor every transaction, taking away financial privacy and autonomy from hardworking Americans.

Critics argue that such a currency would effectively enable the government to track every dollar spent, raising alarms about potential misuse of power. This isn’t just a bad idea; it’s seen as a pathway toward government overreach and tyranny. The fear is that citizens could lose control over their own money, with the federal government having the ability to dictate how and when people can use their funds.

Looking at other countries, like China, which are advancing their own digital currencies, there’s a clear warning sign for the United States. Many believe that America must protect its financial independence and ensure that its citizens can manage their money without intrusive oversight.
Support is growing among lawmakers who are pushing back against the CBDC. Bills like the “No CBDC Act” are gaining traction as more people realize the risks involved. The sentiment is clear: Americans do not want Big Brother watching over their shoulders every time they spend money.

The call to action is strong: immediate steps must be taken to halt any progress toward creating a CBDC. The focus should be on empowering individuals rather than controlling them. Advocates for financial freedom emphasize the importance of self-custody of assets and the right to transact without fear of government scrutiny.

This is about protecting American rights and ensuring that the financial future remains in the hands of the people, not the government. The fight against CBDCs is fundamentally about freedom, and many are committed to standing up for it.