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U.S. Rep. Warren Davidson called CBDCs the ‘financial equivalent of the Death Star.’
By Emily Mangiaracina, LifeSiteNews, July 25, 2023 – 3:01 pm EDT
(LifeSiteNews) — A U.S. representative has called for Congress to ban and “criminalize” central bank digital currencies (CBDCs), condemning them as a “tool for coercion and control.”
“The Federal Reserve is building the financial equivalent of the Death Star,” tweeted Rep. Warren Davidson (R-OH) on Sunday while posting a screenshot of an advertised “Sr. Crypto Architect” position to design CBDC technology with the Federal Reserve Bank of San Francisco.
“Central Bank Digital Currency (CBDC) corrupts money into a tool for coercion & control,” Davidson continued, adding, “Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a #CBDC.” ….