Tom Emmer

@GOPMajorityWhip ↗

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Last Checked Feb. 25, 2022

Created

Wed Jan 12 15:23:07 +0000 2022

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Tom Emmer @GOPMajorityWhip

Not only does this CBDC model raise “single point of failure” issues, leaving Americans’ financial information vulnerable to attack, but it could be used as a surveillance tool that Americans should never be forced to tolerate from their own government. — PolitiTweet.org

Posted Jan. 12, 2022

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Tom Emmer @GOPMajorityWhip

CBDCs that fail to adhere to these three basic principles could enable an entity like the Federal Reserve to mobilize itself into a retail bank, collect personally identifiable information on users, and track their transactions indefinitely. — PolitiTweet.org

Posted Jan. 12, 2022

Followed By

Tom Emmer @GOPMajorityWhip

Requiring users to open an account at the Fed to access a United States CBDC would put the Fed on an insidious path akin to China’s digital authoritarianism. — PolitiTweet.org

Posted Jan. 12, 2022