Simply Bitcoin They JUST Secretly Voted To Create A CBDC In The US!! | EP 1289
Jul 16, 2025
The political landscape around cryptocurrency is heating up with new bills and divisions in Congress. There’s a potential push for a Central Bank Digital Currency (CBDC) in the U.S., sparking debates about government control versus financial freedom. The Genius Act is in the spotlight, revealing bipartisan support amidst skepticism. Bitcoin's market is evolving with institutional influence, and predictions hint at a price surge. The urgency for community action against CBDCs is emphasized, reflecting the broader implications for financial privacy.
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Political Divide on CBDC Legislation
- Every Democrat and several Republicans voted against advancing crypto bills, signaling political contention on CBDC issues.
- The Genius Act lacked a clear ban on CBDCs, causing concern about government surveillance and loss of financial privacy.
MTG’s Stand Against CBDCs
- Marjorie Taylor Greene opposed the Genius Act because it didn't ban CBDCs or protect self-custody of digital assets.
- She emphasized that Americans do not want government-controlled digital currency, reflecting strong anti-CBDC sentiment.
Global CBDC Adoption Accelerates
- Most of the world, representing 98% of global GDP, is exploring or launching CBDCs.
- The EU's CBDC launch in October intensifies pressure on the US to decide its stance soon.