On May 2, 2023, Florida Governor Ron DeSantis signed a bill that aims to protect Floridians from the U.S. government’s environmental social governance (ESG) standards. The bill prohibits the use of Florida’s state funds for ESG standards and investments. DeSantis stated that he wants to prevent the implementation of an elite-imposed agenda that doesn’t align with the values of the average Floridian or American.

CBDCs

Governor DeSantis also spoke out against the federal government’s central bank digital currency (CBDC) ideas. He expressed support for cryptocurrencies that are not associated with CBDCs, stating that the danger of digital currency is that the government wants to make it the sole currency and get rid of crypto because they can’t control it.

Republican Officials’ Views on CBDCs

DeSantis’ views on CBDCs align with those of several Republican officials. Minnesota congressman Tom Emmer introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act, while Texas senator Ted Cruz has created legislation against the government developing a CBDC. Georgia representative Marjorie Taylor Greene has also spoken out against CBDCs.

Florida’s Prohibition against CBDCs

During his visit to Jacksonville, DeSantis emphasized his opposition to CBDCs, stating that they would not be accepted in the Sunshine State. He remarked that if the Fed or the Treasury tries to implement CBDCs unilaterally, Florida will prohibit it to ensure financial independence and prevent a financial surveillance state.

In conclusion, Governor Ron DeSantis signed a bill aimed at combating ESG standards and protecting Floridians from its implementation. He also expressed his opposition to CBDCs, stating that he supports cryptocurrencies that are not associated with CBDCs and will prohibit its implementation in Florida to ensure financial independence and prevent a financial surveillance state.

Bitcoin

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