šŸ“¢ Missouri Moves to Block CBDCs! šŸ“¢

- 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.

šŸ’¬ What are your thoughts on Missouri's stance? Share below! ā¬‡ļø