
The Breakdown Trump Pledges No CBDCs
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Jan 20, 2024 Donald Trump, Presumptive Republican nominee, discusses CBDCs at a campaign event. Topics include US political dynamics, Tether's influence on Bitcoin, Bitcoin ETFs, and crypto regulation.
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Trump's CBDC Stance
- Donald Trump pledged to ban a US CBDC, calling it a threat to freedom.
- This move thrust the CBDC debate into the mainstream political spotlight.
Ramaswamy's Influence
- Vivek Ramaswamy, who previously advocated against CBDCs, appeared alongside Trump.
- Some suggest Ramaswamy influenced Trump's stance, especially given Trump's surprise at the audience's reaction.
CBDCs as a Culture War Issue
- Trump's opposition to CBDCs may signal a broader cultural divide on the issue.
- This could lead to increased polarization, with some Democrats potentially supporting a CBDC in reaction to Trump's stance.

