President Trump Sends Message of Support for Cryptocurrency


Posted originally on the CTH on May 25, 2024 | Sundance 

This is interesting. Only a very small segment of the U.S. electorate seemingly understands the ramification of a dollar-based central bank digital currency (CBDC) for the USA. There is also evidence the Russian sanctions were created as the starter fuse for the CBDC process.

WASHINGTON DC – […] Crypto-friendly legislation moving through Congress in the last two weeks drew a surprising level of bipartisan support, surfacing household names such as Senate Majority Leader Chuck Schumer and former House Speaker Nancy Pelosi as unexpected allies, while suggesting that crypto skeptics like Sen. Elizabeth Warren may soon be isolated on the issue.

[…] Republicans who were already aligning themselves with the crypto world are leaning into the embrace even further. Former President Donald Trump is increasingly pledging to support the interests of digital asset traders, and he’s starting to accept campaign contributions in crypto. (MORE)

Please Keep this in Mind from MARCH 2022:

“The Order directs the U.S. Government to assess the technological infrastructure and capacity needs for a potential U.S. CBDC in a manner that protects Americans’ interests. The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. CBDC, including development of a plan for broader U.S. Government action in support of their work. This effort prioritizes U.S. participation in multi-country experimentation, and ensures U.S. leadership internationally to promote CBDC development that is consistent with U.S. priorities and democratic values.”  (WHITE HOUSE)

That announcement was less than 2 weeks after Russia moved into Ukraine.

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