Some of the most powerful people in Washington are greatly alarmed over Joe Biden's relentless push for a digital programmable dollar, meant to replace cold, hard cash — including cryptocurrencies.

Read on to learn why Biden’s Central Bank Digital Currency (CBDC) executive order is an immediate threat to YOUR financial future, and how two bills in Congress urgently need YOUR help. — Your Faith & Liberty team

“A CBDC is a digital dollar created by the federal government,” says Brian Morgenstern, former senior adviser and deputy assistant secretary of the treasury in the Trump administration.

“This may sound benign at first,” Morgenstern continues, “but effectively giving the government digital control over consumer bank accounts has profound implications for privacy and freedom.”

According to Morgenstern, the programmability of these “digital dollars” allows governments “to manipulate how and where we spend our money, going so far as to turn it on and off.”

Joe Biden and his administration would love to “turn off” those who question his agenda. If Biden had this power during his COVID mandates, he could have forced everyone to comply or starve.

The way the Communist Party of China (CCP) is already using its CBDC enables “the kind of central planning Karl Marx could have only dreamed of.” Their programmable system allows the CCP to put expiration dates on money, while also controlling where and when a citizen can use their money.

Already, the CCP uses this programmable money to enforce expiration dates on money, restrict spending to certain sectors, and even tie it to a citizen’s social credit score.

The CBDC Anti-Surveillance State Act now has 46 co-sponsors in the House, (where the measure is known as HR 1122).

With YOUR HELP, we believe we can increase the number of sponsors to 75 or more.

Majority Whip Tom Emmer (R-MN) sponsored the House version of the bill in September. A statement released by the Majority Whip’s office notes that “[u]nlike decentralized cryptocurrencies, like Bitcoin, a CBDC is a digital form of sovereign currency that is designed and issued by a government and transacts on a digital ledger that is controlled by that government,” he said.

“In short, a CBDC is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil Americans’ transactions and choke out politically unpopular activity,” Emmer adds (emphasis added).

“The administration has made it clear: President Biden is willing to compromise the American people’s right to financial privacy for a surveillance-style CBDC,” Emmer says.

The legislation also serves to protect cryptocurrencies like Bitcoin, the digital cash alternative that cannot be seized, sanctioned, or stolen by any government or central banker. As a result, Bitcoin is hated by control- minded central banks and tyrannical governments, including China, which has banned the cryptocurrency.

“Bitcoin is anti-CBDC technology,” Morgenstern says. “While a CBDC is a form of programmable money that governments can manipulate, Bitcoin is a decentralized currency that no one controls—one resistant to both central bank manipulation and government censorship.”

HR 1122 and its Senate companion bill, S 887, serve to protect Americans from an increasingly nosey and control-minded federal government.

But while the number of HR 1122 co-sponsors is growing, so far there are only 46 co-sponsors, and S 887 only has three co-sponsors.

We need your help to see this legislation is passed at once! Please take a moment right now to fax Congress and demand they VOTE YES on the CBDC Anti-Surveillance Act, HR 1122 and S 887.

We value your ongoing prayers and your financial support. God is using the vital ministry of Faith & Liberty on Capitol Hill and across America!

Peggy Nienaber, Senior Vice President
Mat Staver, Chairman
Rev. Gregory Cox, Senior Pastor

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Sources:

“Emmer Reintroduces CBDC Anti-Surveillance State Act.” Congressman Tom Emmer, September 12, 2023. Emmer.house.gov/2023/9/emmer-reintroduces-cbdc-anti-surveillance-state-act.

“Why Embracing Bitcoin Would Be a Low-Risk, High-Reward Strategy for Trump.” Fortune Crypto, January 27, 2024. Fortune.com/crypto/2024/01/27/bitcoin-cbdc-donald-trump-2024-election-strategy/.