The best-selling author of Rich Dad Poor Dad and Entrepreneur Robert Kiyosaki has compared the US CBDC to a character in George Orwell's 1984 novel.
He has written:
"In his book 1984, George Orwell warned ‘Big Brother is watching.’ Biden’s CBDC is ‘Big Brother.’ Buy more gold, silver, and Bitcoin."
The idea of launching a digital dollar is also criticized by politicians. In February, Congressman Tom Emmer introduced a bill to protect "financial privacy" when using the central bank's digital currency.
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He later claimed CBDC's technology offended US values and could promote "financial control" over citizens.
In April, Texas Republican Senator Ted Cruz called the launch of a digital dollar "extremely dangerous" for society, as the government would have access to all transactions. At the same time, he praised Bitcoin and spoke about his investments in the asset.
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