Cryptocurrency has the potential to liberate millions of people from the government’s money system, but there are some who want to use that very tool for evil instead of good. Matt Kibbe talks to Rep. Warren Davidson (R-Ohio) about the possibility of the Federal Reserve creating its own digital currency that would be controlled by the federal government. In addition to being prone to massive inflation, a central bank digital currency would be used to track your every purchase and could be denied to people who behave in ways that the state deems undesirable. In Canada, truckers were locked out of their bank accounts for protesting COVID policy. Imagine if Justin Trudeau had the ability to deactivate the very dollars in their pockets as well.
The Threat of a Central Digital Currency | Guest: Rep. Warren Davidson | Ep 218
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Matt Kibbe is President at Free the People, an educational foundation using video storytelling to turn on the next generation to the values of personal liberty and peaceful cooperation. He is also co-founder and partner at Fight the Power Productions, a video and strategic communications company. Kibbe is the host of BlazeTV’s Kibbe on Liberty, a popular podcast that insists that you think for yourself.
Dubbed “the scribe” by the New York Daily News, Kibbe is the author three books, most recently the #2 New York Times bestseller Don’t Hurt People and Don’t Take Their Stuff: A Libertarian Manifesto.
He was senior advisor for a Rand Paul Presidential Super PAC in 2016, and later co-founded AlternativePAC to promote libertarian values.
In 2004 Kibbe founded FreedomWorks, a national grassroots advocacy organization, and served as President until his departure in 2015. Steve Forbes said: “Kibbe has been to FreedomWorks what Steve Jobs was to Apple.”
An economist by training, Kibbe did graduate work at George Mason University and received his B.A. from Grove City College. He serves at the whim of his awesome wife Terry, and their three objectivist cats, Roark, Ragnar and Rearden. Kibbe is a fanatical DeadHead, drinker of craft beer and whisky, and collector of obscure books on Austrian economics.View Full Bio