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Whereas: | The U.S. government has used every means at its disposal to unlawfully spy upon and manipulate the American people as a whole; and |
Whereas: | Any “digital currency” issued by the Federal Reserve invariably poses massive security and privacy hazards for the American people that use it, and pushes us farther down the road toward a cashless society where we have no real control over our own money at all; and |
Whereas: | The weaponization of the financial system against “enemies of the state” has exploded around the world in just the past year. A digital currency would create a new tool for the government to crack down on the First Amendment right to dissent from federal assaults on our constitutional freedom; and |
Whereas: | Competing cryptocurrencies are a critical check on the Federal Reserve monopoly on fiat money; |
Therefore: | We demand Congress OPPOSE any effort by the Federal Reserve to create a new digital FED currency or to regulate cryptocurrency. |