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Florida Governor Ron DeSantis Opposes Central Bank Digital Currency, Supports Cryptocurrencies

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Marthon Guanzon reporter

Wed, 03 May 2023, 08:34 am UTC

DeSantis' Latest Proposals Aim to Counter "Woke Politics" and Protect Individual Freedoms

Image: Office of Governor Ron DeSantis

Florida Governor Ron DeSantis has taken a firm stand against the idea of a U.S. digital dollar while concurrently supporting the wider realm of cryptocurrencies. In a press conference on Tuesday, DeSantis revealed a series of state legislative proposals that aim to counter what he perceives as the influence of "woke politics."

DeSantis suggested that those who dislike cryptocurrency do so because they cannot control it. He stated that the opposing forces want to rid crypto completely and people have the right to decide whether to invest in it or not. The governor's comments were likely aimed at the Democratic Party in Washington, D.C., which has voiced concerns about the integrity of digital currencies.

Governor DeSantis expressed specific concern about the potential for a centrally-controlled digital currency, believing that it would be fundamentally wrong. The press conference, titled "Government of Laws, Not Woke Politics," reflected DeSantis' opposition to the "Environment, Social, and Governance" (ESG) policies, which could impose financial performance evaluations on organizations based on their adherence to these principles.

DeSantis also proposed a bill that would prohibit discrimination against customers based on their social beliefs, political views, or religious affiliations. He emphasized this as a defense for a range of values and positions.

Furthermore, he linked the idea of a central bank digital currency (CBDC) to "woke" practices, suggesting that CBDC proponents would incorporate ESG criteria and social credit scores into the digital currency, ultimately reducing freedom for Americans.

Governor Ron DeSantis has emerged as an outspoken opponent of "woke" culture in various spheres, including politics and entertainment. He remains committed to fighting for individual freedoms, whether by protecting financial autonomy through cryptocurrency or addressing the societal challenges posed by contemporary entertainment's influence on children. DeSantis' latest proposals reflect his ongoing dedication to ensuring a future that prioritizes the rights and independence of the people.

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