Harrisburg, PA- As financial troubles plague the nation, the Pennsylvania Freedom Caucus spoke out against a concerning economic trend as the legislature heads back to Harrisburg this week.
CBDCs are extremely dangerous. Imagine working for a wage and then finding that your earned money is expired, or your wallet in inactivated. Even if it were an accident or a technical glitch you could literally starve to death waiting for the Federal Reserve to rectify the situation. What if your social credit score was deemed to low and your wallet was turned off on purpose? No crime, no hearing, no due process! What do you do during a power outage / natural disaster that has wiped you out? I will not work for a digital wage, no way, never!
CBDCs are extremely dangerous. Imagine working for a wage and then finding that your earned money is expired, or your wallet in inactivated. Even if it were an accident or a technical glitch you could literally starve to death waiting for the Federal Reserve to rectify the situation. What if your social credit score was deemed to low and your wallet was turned off on purpose? No crime, no hearing, no due process! What do you do during a power outage / natural disaster that has wiped you out? I will not work for a digital wage, no way, never!
Thank you, Rep. Aaron Bernstine!