U.S. presidential candidate Donald Trump made the promduring a campaign speech in Portsmouth to a round of cheers and applause.
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U.S. presidential candidate and former president Donald Trump vowed to “never allow” the Federal Reserve to create a central bank digital currency (CBDC) in the United States.
The pledge came during a campaign speech in Portsmouth, New Hampshire on Jan. 17 where the former president of the United States said: “Tonight I’m making another promise to protect Americans from government tyranny.”
“I will never allow the creation of a Central Bank Digital Currency.”
Trump says he will prevent implementation of Central Bank Digital Currencies (CBDC) pic.twitter.com/vheJDn2HBg
— Bertman (@manofbert) January 18, 2024
The declaration was met with rapturous applause to which Trump replied “I didn’t know you know so much … New Hampshire, very smart people,” before continuing to explain:
“Such a currency would give a federal government, our federal government, the absolute control over your money […] they could take your money and you wouldn’t even know it was gone.”
“This would be a dangerous threat to freedom and I will stop it from coming to America,” he said.
This is a developing story, and further information will be added as it becomes available.