Trump Pledges No CBDCs
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 20 January 2024
⏱️ 16 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.3 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:18.3 | What's going on, guys? It is Friday, January 19th, and today we're talking about some |
| 0:23.1 | interesting announcements from former president and potential future president Donald Trump. |
| 0:28.2 | Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it, |
| 0:32.8 | give it a rating, give it a review, or if you want to dive deeper into the conversation, |
| 0:36.2 | come join us on the breakers discord. You can find a link in the show notes or go to bit.ly slash breakdown pod. |
| 0:41.5 | So, like I said, we are kicking off today with a Trump segment, because on Wednesday night, |
| 0:46.6 | former President Trump promised to ban the creation of a U.S. Central Bank digital currency |
| 0:51.3 | during a campaign speech in New Hampshire. |
| 0:53.9 | Ahead of Tuesday's primary vote, Trump said, |
| 0:56.2 | Tonight, I'm making a promise to protect Americans from government tyranny. |
| 0:59.8 | As your president, I will never allow the creation of a central bank digital currency. |
| 1:04.4 | For context, for those of you who aren't paying attention to American politics, |
| 1:08.0 | after winning the Iowa caucus last week, Trump is seen as basically a shoe-in |
| 1:11.5 | to win the Republican presidential nomination. During this speech in New Hampshire, Trump explained |
| 1:16.3 | his concerns about CBDCs, saying, this would be a dangerous threat to freedom, and I will |
| 1:20.5 | stop it from coming to America. Such a currency would give a federal government absolute control |
| 1:24.7 | over your money. They could take your money, and you wouldn't even know it was gone. Trump also addressed recent concerns about politically motivated financial |
| 1:31.5 | control, stating, we're also going to play strong protections to stop banks and regulators to trying |
| 1:36.3 | to debank you for your political beliefs. They want to debank you. They want to take away your rights. |
| 1:41.1 | They want to take away your country. Trump was joined on stage by pro-crypto |
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