As D.C. Adopts Sound Money Principles, States Must Continue To Lead. By Niklas Kleinworth (07/23/24)

idahofreedom.org/as-d-c-adopts-sound-mo…

Kleinworth writes: “This month, the Republican National Committee released a draft proposal for changes to the party platform that would assert the party’s stance against a central bank digital currency — also known as a CBDC or digital dollar — and in support of the right to mine, own, and privately transact in digital assets like Bitcoin.”

He provides reasons why sound money policies are a good idea, discusses other states that have enacted sound money legislation, and explains why Idaho must follow this lead.

Kleinworth concludes “Idaho should catch up to her peers by executing its own sound money policy agenda. This starts with acknowledging a CBDC is not money and banning the state’s cooperation with the Federal Reserve’s implementation of the system. It must also defend the right to mine, own, and transact in digital assets. This will allow Idahoans to defend their financial liberties by opting out of a system poised to control and regulate their finances.”