“What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a “Big Brother’s Digital Dollar” podium.
Ron DeSantis, the governor of Florida, who is expected to run for president in 2024, has called on the state to ban digital dollars.
At a news conference on March 20, de Santis stood in front of a podium marked "Big Brother's Digital Dollar" and publicly opposed the Federal Reserve's issuance and control of the central bank's digital currency in the United States, saying the move would give the government "more power." He cited concerns about US inflation, Fed interest rate hikes and bank pressures as examples of government policies that directly affect US consumers.
[CBDC] provides the government with a direct view of all consumer activity, the Florida governor said. "No matter how they enter society to exercise their agenda, they will do so. Therefore, the digital currency of the central bank is to monitor Americans and control their behavior.
De Santis called on Florida lawmakers to introduce legislation aimed at banning changes to the state's uniform commercial code to encourage the use of digital dollars and to recognize any foreign-issued CBDC. He asked like-minded states to impose similar restrictions on allowing the CBDC to pass a uniform commercial code, adding that Texas was considering such legislation.
The Florida governor largely refuted arguments in support of the Fed issuing digital dollars-environmental concerns and access to people with inadequate banks-but did not cite evidence. He pointed out that China launched the digital renminbi to "monitor citizen behavior to monitor consumption habits and cut off access to goods and services", as well as the way the governments of the Bahamas and Nigeria deal with CBDC.
"you are opening a huge can of worms and you are giving great power to the central bank."
Other conservative lawmakers in the United States have expressed similar concerns as Mr. Desandis, who are trying to suppress the Fed's efforts to release CBDC. In February, Minnesota Rep. Tom Emmer (Tom Emmer) introduced the CBDC anti-surveillance state bill, which he said would protect Americans' financial privacy by limiting the Fed's power over digital dollars.
In addition to hosting the BTC conference, Miami has many supporters of passwords and blockchains, including Anthony Pompliano, co-founder of Morgan Creek Digital, and Mayor Francis Suarez, who receives part of Bitcoin's salary. De Santis says his goal is to submit CBDC legislation to his desk for approval sometime in 2023.