happened in South Dakota serves as an example for other states trying to centralize digital currency. The state's governor, Kristi Noem, vetoed a bill that would have changed the definition of money to exclude cryptocurrency, putting the state on the path to centralize digital currency. Noem recognized this as a tool of total social control, stating that if the government controls people's money, they control them. She saw the bill as a threat to their freedom and autonomy. Noem claims that other states are passing similar bills paving the way for a government-led Central Bank Digital Currency (CBDC), banning any other forms of cryptocurrency, like Bitcoin. These bills are being sold as an update to financial regulations, but their true intentions can be alarming. Noem believes that government control of currency limits people's freedom to use other forms of currency and gives power to the government.
With the recent collapse of Silicon Valley Bank and concerns about the security of one’s money, politicians across the US are using people’s fears to advance their own agendas. Many states are pushing to centralize currency through the so-called Central Bank Digital Currency (CBDC), which is essentially software, but is being sold as necessary for people’s safety. However, if the government can control our money, it can control us.
In South Dakota, legislators introduced a bill to change the definition of money to exclude cryptocurrency, essentially paving the way for a government-led CBDC and banning any other form of digital currency like Bitcoin. Governor Kristi Noem vetoed this bill, recognizing the threat it posed to people’s freedom and autonomy. In this essay, we’ll explore why Governor Noem took this stand and why it’s so important.
Governor Noem’s decision to veto the CBDC bill was based on her belief that it posed a threat to people’s freedom and autonomy. If the government controls people’s money, then they control people. By zeroing out bank accounts with a keystroke, the government can limit people’s autonomy and hinder their ability to make their own decisions. This tool of total social control, disguised as software for public safety, is a dangerous step towards government overreach.
Governor Noem’s decision to veto the bill was also influenced by her careful analysis of the bill’s language. Despite being 110 pages long, the bill was sold as an update to the guidelines of the Universal Commercial Code backed by all of their financial institutions and banks. However, upon reading the bill, Governor Noem discovered a section that changed the definition of currency and essentially paved the way for a government-led CBDC. It also banned any other form of cryptocurrency or digital currency that existed. Governor Noem recognized that this was a threat to people’s freedom and autonomy, and a way to pave the way for the federal government to control people.
Governor Noem recognizes the importance of smart governance, which includes protecting people’s freedom and autonomy. She is urging legislators in other states to make the right decision and kill bills like the one she vetoed. She believes that this is a way to pave the way for the federal government to control our currency and thus control people. It should be alarming to everyone that this is being sold as a harmless update to guidelines. Governor Noem is urging people to be smart and make sure that we’re doing what we can to protect ourselves from government overreach.
Governor Noem’s veto of the CBDC bill is a challenge to our freedoms. She recognized that the bill threatened people’s freedom and autonomy and was a step towards government overreach. By standing up to this bill and urging other legislators to do the same, Governor Noem is protecting our freedoms and ensuring that the government cannot control us through our money. We should all take heed of her words and work to protect ourselves from such overreach.
In conclusion, Governor Noem’s decision to veto the CBDC bill demonstrates her commitment to protecting people’s freedom and autonomy. She recognized the threat that such a bill posed and took a stand against it. By urging other legislators to do the same, she is helping to protect our freedoms and ensure that the government does not have undue control over our lives. We should all take heed of her words and be vigilant in protecting ourselves from government overreach.
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