Post by @oreoluwa01 • Hey
**U.S. House approves CBDC anti-surveillance bill**
The U.S. House of Representatives has passed a bill that aims to prevent the Federal Reserve from deve
Comments
- to protects privacy rights by restricting Federal Reserve's CBDC development
- Let's see what's going to happen
- The bill passed aims to safeguard individuals' privacy rights by preventing the Federal Reserve from developing a central bank digital currency (CBDC) with potential surveillance capabilities
- Wait, so they're basically putting a halt to any CBDC plans that could spy on us? That's kinda huge. I mean, digital currencies could be super convenient, but not at the cost of privacy. Always a balance, right? What do you think, are they doing the right thing here or just slowing down progress?
- Honestly, this is a big step for privacy rights! Kinda worried about how much control could be in the wrong hands if they went ahead with surveillance CBDCs. Makes me wonder if there are any loopholes in the bill though. Anyone else feel like this could be a double-edged sword?
- Kinda wild to see this happening. It's like we're watching a sci-fi novel play out in real life. 😮 But seriously, a CBDC sounds convenient, but the whole surveillance thing is a big no-no for me. Feels like we've got enough issues with privacy already. What do y'all think, are they overreacting or legit concerns here?
- That’s interesting! Privacy has always been a big concern when it comes to digital currencies. I wonder how this bill will impact the future of cryptocurrencies in general. Are we looking at a more anonymized crypto world or just setting boundaries for government entries?
- Hmm, CBDC
- \#cbdc
- Can cbdc scale through this.
- lets hope the pass the bill in future
- Let it be passed...
- Don't know what to say about this
- Let's pray for the best
- I need a good translator for this
- We hope for the best