The Tennessee Senate has unanimously passed SB 2219, which would effectively prohibit a Central Bank Digital Currency in Tennessee. This important bill now heads to the House of Representatives for consideration. Meanwhile, SB 1764 and HB 1901 are also pending in the General Assembly. Please urge your state representative to support SB 2219, and urge both your representative and senator to support SB 1764 and HB 1901.
Senate Bill 1764 (SB 1764), Senate Bill 2219 (SB 2219), and House Bill 1901 (HB 1901) are respectively sponsored by Senator Frank Niceley (R-Strawberry Plains), Senator Bill Powers (R-Clarksville), and Representative Jeff Burkart (R-Clarksville). If enacted, these bills would amend the state’s definition of money, found in Tennessee’s Uniform Commercial Code, to exclude CBDCs — regardless of whether they are “issued by the federal reserve or another federal agency, a foreign government, a foreign central bank, or a foreign reserve system.” This would effectively ban them within Tennessee.
A digital currency is a major and imminent threat to Americans’ liberty and privacy — and the Federal Reserve, White House, and Treasury Department are already taking steps to implement one in the United States.
A CBDC would amount to a major expansion of government power, allowing it to restrict our personal freedoms and implement its leftist agenda with no opposition. A digital currency would be centrally controlled by the Federal Reserve, allowing it to oversee all our transactions and thus obliterating privacy and anonymity.
Additionally, the Federal Reserve would be able to set the rules for a digital currency — it could prevent Americans from using it for transactions that the Fed’s leaders and other globalist elites dislike.
Not so long ago, we saw the Canadian government shut down the bank accounts of pro-freedom demonstrators, and Big Tech companies prevent electronic payments in Russia. If a digital currency is implemented, these displays of draconian government power against its political opponents, or those with “unacceptable views,” will intensify exponentially.
If a digital currency is implemented, it would be on a global level rather than just a national level. For example, as of March 2022, nine countries have already implemented digital currencies while 78 others are considering it. Furthermore, at the 2022 World Government Summit, globalist “experts” called for the creation of a global digital financial system.
Last, but not least, the Deep State has been planning a digital currency for many years due to the control over people that it would gain. In fact, a digital currency is a crucial component of the Great Reset plan to control humanity. Covid-19 provided an excuse for it to accelerate those plans.
Ultimately, Tennessee must fully restore sound money within its borders — including nullifying the Federal Reserve, recognizing gold and silver as legal tender, and creating a state bullion depository — in pursuance with Article I, Section 10 of the U.S. Constitution.
However, stopping a CBDC is an important step toward preventing totalitarian control over all Americans. Accordingly, urge your state representative and senator to support SB 1764, SB 2219, and HB 1901.