JUST IN: ๐บ๐ธ Texas introduces bill to ban CBDCs in the state.
"This could lead to unprecedented levels of government surveillance and control." ๐
JUST IN: ๐บ๐ธ Texas introduces bill to ban CBDCs in the state.
"This could lead to unprecedented levels of government surveillance and control." ๐
CBDC is a red herring. Its about digital ID.
Chances we see this in California? ๐
TX Bill HJR 146
https://decrypt.co/139729/texas-lawmakers-vote-include-use-digital-currencies-states-bill-rights.
"Glass elaborated on the Bill, saying that the objective of adding the right to own, hold, and use digital currencies to the Texas Bill of Rights "is to make a case in the federal judiciary to invoke the 9th Amendment to the U.S. Constitution which says that there are other natural rights besides those in the first 8 amendments.โ "The Texas Constitutional Enforcement group added that the use of cash substitutes is "essential" for protecting Texans' financial privacy."
- The claim is privacy and protection. Not sure if it is totally a red herring but likely dubious implementation.