Source: Cato Institute
by Nicholas Anthony
“Across the political spectrum, there is growing recognition that bitcoin and other cryptocurrencies can be a force for good by expanding economic freedom and challenging entrenched systems. But conversations around central bank digital currencies, or CBDCs, have not made the same progress. Efforts to slow or block the creation of a CBDC have received little support among congressional Democrats — even though the risks involved strike at the heart of core progressive values. Indeed, for a movement that has consistently fought against surveillance, discrimination, and the abuse of government power, CBDCs should raise especially sharp concerns.” [editor’s note: Wait, what? Democrats and “progressives” have always been huge boosters of surveillance, discrimination, and government power (which is inherently “abusive”)! – TLK] (08/25/25)
https://www.cato.org/commentary/central-bank-digital-currencies-clash-progressive-values