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Entrepreneur Vivek Ramaswamy on Wednesday expressed concerns regarding the potential risks that a Central Bank Digital Currency (CBDC) could pose to personal financial liberty.
What Happened: He fears that a digital dollar would grant the government excessive power to target dissenting individuals by freezing their assets, drawing parallels to incidents in China and the treatment of Canadian truckers involved in the Freedom Convoy, he said during an interview with Bloomberg Television.
Ramaswamy said, “A central bank digital currency, I believe, is a threat to liberty in this country because it creates a mechanism for the government to be able to wipe out your bank account or wipe out…
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