Stop the push for Central Bank Digital Currency
To our elected government officials:
We are contacting you in order to prevent a Central Bank Digital Currency in any form or fashion. This directly conflicts with the workings of capitalism. China has included a social credit score system to prevent citizens from spending their money if they oppose the regime. You may recall that Canada recently exercised this for peacefully protesting truckers. With a digital currency controlled directly by the government, account balances could be manipulated directly to redistribute wealth, expiration dates could be put on money, limitations on what it can be spent on or who it could be spent with, or any number of other things you could imagine. This does not lend itself to a free market economy and lowers Americans to subjects rather than citizens.
We are contacting you in order to prevent a Central Bank Digital Currency in any form or fashion. This directly conflicts with the workings of capitalism. China has included a social credit score system to prevent citizens from spending their money if they oppose the regime. You may recall that Canada recently exercised this for peacefully protesting truckers. With a digital currency controlled directly by the government, account balances could be manipulated directly to redistribute wealth, expiration dates could be put on money, limitations on what it can be spent on or who it could be spent with, or any number of other things you could imagine. This does not lend itself to a free market economy and lowers Americans to subjects rather than citizens.
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