Vivek Ramaswamy Says He Explained Harms Of CBDC To Donald Trump: 'I Give Him A Lot Of Credit For Being Intellectually Open'
Portfolio Pulse from Mehab Qureshi
Vivek Ramaswamy, an entrepreneur, voiced concerns about the threats to personal financial liberty posed by a Central Bank Digital Currency (CBDC). He believes a CBDC could enable the government to freeze assets of dissenters, citing examples from China and Canada. Ramaswamy praised former President Donald Trump for being open to these concerns and publicly opposing CBDCs. Trump has reiterated his stance against CBDCs, emphasizing the protection of individual financial freedom. Meanwhile, Bitcoin (BTC) saw a slight increase in its price.

January 26, 2024 | 3:38 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Vivek Ramaswamy discussed the potential risks of CBDCs to personal financial liberty and praised Trump for opposing them. Bitcoin's price saw a minor increase.
The article discusses the potential risks of CBDCs but does not directly link this to Bitcoin's price movement. The slight increase in Bitcoin's price is mentioned but not attributed to the CBDC discussion. Therefore, the relevance and importance are moderate, and the score is neutral as the news does not provide a clear direction for Bitcoin's price.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50