RFK Jr. suggested the US government’s crypto crackdown is enough evidence that a CBDC will follow FedNow, while Ron DeSantis claimed that “this wolf comes as a wolf.”
Presidential hopefuls Robert F. Kennedy Jr. and Ron DeSantis are rallying against the Federal Reserve’s FedNow payments system claiming it would pave the way for a Central Bank Digital Currency .
In an April 11 Twitter thread, Democrat RFK Jr. — the nephew of former president John F. Kennedy Jr. — once again sounded the alarm bells over CBDCs describing them as the “ultimate mechanisms for social surveillance and control” as he questioned the Fed’s claims that FedNow won’t be used to facilitate a CBDC:
“The claim that FedNow is not the first step toward a CBDC would be more easily digestible were we not aware of the Biden administration’s steady barrage of hostile broadsides against cryptocurrencies.” He added that cryptocurrencies like Bitcoin "give the public an escape route from the splatter zone when this bubble invariably bursts" and claimed that Joe Biden's administration was"colluding with the banksters to keep us all trapped in the bubble of profiteering and control.”
The claim that FedNow is not the first step toward a CBDC would be more easily digestible were we not aware of the Biden administration’s steady barrage of hostile broadsides against cryptocurrencies.— Robert F. Kennedy Jr
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