The law explicitly excludes a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post Signed as Law: Florida Bans Use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
States and individuals can stop a CBDC. It’s going to take hard work - and good strategy. The latter, we’ve got from the “father of the Constitution” - who gave us a four-step blueprint to stop federal programs without relying on the federal government to magically limit its own power.
The post James Madison vs a Central Bank Digital Currency first appeared on Tenth Amendment Center.
a Maine committee held a hearing on a bill that would establish a state-chartered bank outside of the federal banking system authorized to issue transactional currency 100 percent backed by gold coins and bullion minted by the bank.
The post Maine Committee Holds Hearing on Bill to Create State Bank That Would Issue Gold-Backed Transactional Currency first appeared on Tenth Amendment Center.
A bill introduced in the Alabama House would explicitly exclude a CBDC from the definition of money in Alabama, effectively banning its use as such in the state.
The post Alabama Bill Would Ban Use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
The law makes a number of changes to Indiana's Uniform Commercial Code (UCC) including explicitly excluding a CBDC from the definition of money in Indiana, effectively banning its use as such in the state.
The post Signed as Law: Indiana Bans use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
Some well-intentioned opponents of a central bank digital currency are claiming that a new law in North Dakota will “eliminate its use and application” in the state. But a look under the hood tells us this is almost certainly not the case.
The post North Dakota vs CBDC: Not So Fast! first appeared on Tenth Amendment Center.
The bill would explicitly exclude a CBDC from the definition of money in South Carolina, effectively banning its use as such in the state.
The post South Carolina Bill Would Ban use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
To the founders and old revolutionaries, liberty requires a rejection of fear, ignorance, and a culture of obedience. But it also takes courage - fortitude and perseverance - to support freedom, whether government likes it, or not.
The post Florida to Ban CBDC’s as Money first appeared on Tenth Amendment Center.
The bill would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post To the Governor: Florida Bill to Ban use of a CBDC as Money in the State first appeared on Tenth Amendment Center.
A central bank digital currency is a financial privacy nightmare. And it’s a tool for complete government control over our spending. As a result, a lot of people are now thinking the paper dollar is a good thing
The post Fiat Paper Money Isn’t the Fix for Central Bank Digital Currency first appeared on Tenth Amendment Center.