RFK Jr. and Trump Unite Against CBDC: A Blow to Digital Dollar Dreams Presidential candidates RFK Jr. and Donald Trump may have different political backgrounds, but they share a common goal:
thwarting the creation of a US central bank digital currency (CBDC).
Kennedy's social media post revealed his ongoing discussions with Dr. Joseph Mercola, emphasizing his commitment to
financial freedom by pledging to halt any progress towards a CBDC if elected.
Last year, Kennedy also championed
bitcoin protection, vowing to end the White House's "war" on the cryptocurrency and highlighting the importance of preserving individual control over transactions.
RFK Jr. warns against the rise of CBDCs as tools of
"social surveillance and control", stressing that while cash offers anonymity, a digital dollar would give the government unprecedented power over citizens' finances.
Trump echoes these concerns, rallying against a digital dollar at recent events, citing it as a
threat to freedom and pledging to safeguard Americans from potential government overreach.
Vivek Ramaswamy's influence on Trump's stance is evident, with the former presidential candidate raising awareness about the dangers of CBDCs before endorsing Trump's campaign.
Despite the buzz, Federal Reserve Chair Jerome Powell has made it clear that a decision on a digital dollar is still some way off, with no launch expected for "
at least a couple of years."
As the battle lines are drawn in this digital frontier, both candidates are determined to keep the future of American currency firmly in the hands of its citizens.
