Michael Cloud
@RepMichaelCloud
Blocking a CBDC for 5 years is REALLY saying "Give us 5 years to build it." We need a permanent ban. pic.x.com/7c38guGgb4
Very pro-crypto
TX Congressional District 27
Michael Cloud statements on crypto
Michael Cloud
@RepMichaelCloud
The Senate passed the 21st Century ROAD to Housing Act without a permanent, ironclad ban on a Central Bank Digital Currency and CBDC research.
What we have now is a "ban" that sunsets in 2030. This is a sneaky way of legitimizing the Federal Reserve’s efforts to develop a CBDC and essentially gives the Federal Reserve a five year on-ramp to develop and impose a surveillance state digital dollar.
This 2030 "ban" is a Trojan horse disguised as protection, quietly paving the way for unconstitutional government overreach into every American's finances.
This should be DOA in the House — for both the CBDC provision and the fact that the Senate has not yet passed the SAVE America Act.
Very pro-crypto
Tanya Lloyd has no statements on crypto.
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