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North Carolina Declares Independence From Basic Economic Understanding, Becomes First State to Embracing Utter Financial Ignorance

A  of a giant dollar bill with its eyes closed and ears plugged, surrounded by chaos as money swirls around it; in the background, a silhouette of the North Carolina flag waves amidst flames.

} The thrill of watching gullible politicians try to outdo each other with their anti-crypto grandstanding never gets old! It’s almost as if they think that by rejecting something, they’re somehow making themselves sound smart or even relevant in the world. Newsflash: you can’t be against a thing just for being; it takes actual effort and understanding of what makes an idea tick (or not). And let’s face facts here – North Carolina is basically saying .

Source: bitcoin.com

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes privacy, individual sovereignty, and market competitiveness. The North Carolina General Assembly overrode Governor Roy Cooper’s […]

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