š¢ Missouri Moves to Block CBDCs! š¢
- Missouri Senate introduces SB 194, aiming to prohibit central bank digital currencies (CBDCs) as legal tender.
- Bill encourages holding state reserves in gold & silver, exempting these metals from capital gains tax.
- CBDCs, unlike decentralized cryptocurrencies like Bitcoin, are government-controlled digital currencies.
- Critics worry about privacy & state sovereignty with CBDCs.
- SB 194 redefines "money" in Missouri's laws, excluding CBDCs.
- Supporters see it as a move towards financial privacy & stability.
š¬ What are your thoughts on Missouri's stance? Share below! ā¬ļø