The U.S. government successfully shut down the Liberty Dollar, a private currency created by Bernard von NotHaus, while Bitcoin, established by the mysterious Satoshi Nakamoto, continues to thrive outside governmental control. This discrepancy highlights the stark differences between the centralized creation of the Liberty Dollar and the decentralized nature of Bitcoin. Contrasting Currencies — The […]
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CBDC Is Grave Threat to Liberty, Presidential Hopeful Vivek Ramaswamy Warns
The U.S. dollar will be stronger if it’s not a central bank digital currency (CBDC), according to candidate for Republican presidential nomination Vivek Ramaswamy. He is convinced that a digitized greenback and other digital fiats represent a threat to democracy in the United States.
CBDC Is the ‘Latest Trojan Horse of the Great Reset,’ Opponent Ramaswamy Says
Vivek Ramaswamy, one of the runners in the 2024 Republican Party presidential primaries, has criticized the U.S. government for considering a digital version of the dollar. “It’s telling that Janet Yellen is pushing for the U.S. to adopt CBDCs, begging Americans to keep up with the Jinpings,” he tweeted on Wednesday.
Ramaswamy believes that “CBDCs are just the latest Trojan horse of the Great Reset and are a clear path to a social credit system that will permanently embed ESG into our currency itself.” In his view, “the dollar will be *stronger* if we protect it from digitization.”
In a video posted on X, formerly Twitter, the American entrepreneur said he is a “big opponent” of central bank digital currencies, which he considers to be “a grave threat to liberty in this country,” for the same reason that China is adopting them. He elaborated:
In the U.S., that’s become an argument to say we need to do that to keep up. I view it the other way — precisely for the reasons that Xi Jinping wants to adopt it, is exactly the reasons why we in the United States shouldn’t.
Fed Should Focus on Stabilizing Dollar, White House Hopeful Suggests
Vivek Ramaswamy also slammed the U.S. Federal Reserve for its behavior in the past couple of decades, calling the central bank “a bad actor” for “trying to hit two targets with one arrow, inflation and unemployment, which has proven to be a disastrous 25-year experiment.”
“I think what the Federal Reserve needs to do is go back to focusing on what it did focus on, even after it went off the gold standard … stabilizing the U.S. dollar as a unit of measurement. That, too, is a big impediment to GDP growth,” the presidential candidate explained.
Ramaswamy’s comments on CBDCs come after last month, another contender to become the Republican nominee for the 2024 U.S. Presidential Election, Florida Governor Ron DeSantis, vowed to “nix central bank digital currency,” if he is elected president, describing it as a “massive threat to American liberty.”
What are your thoughts on central bank digital currencies? Let us know in the comments section below.
Liberty Gaming Guild (LGG) and Indonesia’s Top Football Club, Persib Bandung, Partner to Make Play-to-Earn Games More Accessible
Liberty Gaming Guild (LGG), a next-generation barrier-breaking project aiming to make play-to-earn gaming more accessible to global gamers, and Persib Bandung, a top Indonesian Football club, have joined forces.
The Liberty Gaming Guild (LGG) and Persib Bandung Partnership
The announcement states that both parties are ecstatic and are optimistic it would be immense for their development. LGG is especially looking forward to impacting the broad Persib Bandung fan base in Indonesia and Southeast Asia. A core part of LGG’s mission is to make play-to-earn gaming and the metaverse more accessible to most gamers. At the same time, they are keen on exposing fans to exciting opportunities where they can take charge of their finances through blockchain-powered solutions.
The Current NFT Landscape is Complex
Although finding traction, blockchain-based, play-to-earn games are relatively complex and technically inaccessible for a section of beginner gamers used to traditional games because NFTs are complicated and expensive.
Minting costs are pegged to the base blockchain and can be steep. Most NFTs are launched from Ethereum—the pioneer smart contract blockchain. While Ethereum is popular, the network’s inability to scale and process more transactions per block has led to a spike in gas fees, adversely affecting user experience due to high minting costs.
How Liberty Gaming Guild is Tearing Down Walls
LGG acts as a barrier-breaking project and gateway for gamers to interact with some of the sphere’s popular play-to-earn games, therefore leveling the field.
This success that LGG has enjoyed in bringing more gamers to the metaverse and lowering the cost of access to the otherwise pricey NFTs is what Persib Bandung will market to its loyal fan base and active community.
In return, fans would experience firsthand how they can take charge of their finances by using innovative blockchain solutions that offer above-yield returns.
Commenting, Maurizio Barbieri the CCO of LGG said:
“When given a chance to partner with arguably one of the most popular football clubs not only in Indonesia but in the whole region, you do not think twice, and you grab this opportunity. With Persib carrying LGG’s message of success in the metaverse and financial freedom for its community members, I am sure we’ll be able to accelerate our growth in SEA and Indonesia specifically. We can’t wait to start working with the fantastic Persib team and take this not only to the next level but to the moon!”
On the other hand, Persib Bandung fans will have a chance to explore a wide variety of LGG play-to-earn and blockchain game portfolios. Some of the top games include Axie Infinity, League of Kingdoms, and Splinterlands.
Liberty Gaming Guild (LGG) and Indonesia’s Top Football Club, Persib Bandung, Partner to Make Play-to-Earn Games More Accessible
Liberty Gaming Guild (LGG), a next-generation barrier-breaking project aiming to make play-to-earn gaming more accessible to global gamers, and Persib Bandung, a top Indonesian Football club, have joined forces.
The Liberty Gaming Guild (LGG) and Persib Bandung Partnership
The announcement states that both parties are ecstatic and are optimistic it would be immense for their development. LGG is especially looking forward to impacting the broad Persib Bandung fan base in Indonesia and Southeast Asia. A core part of LGG’s mission is to make play-to-earn gaming and the metaverse more accessible to most gamers. At the same time, they are keen on exposing fans to exciting opportunities where they can take charge of their finances through blockchain-powered solutions.
The Current NFT Landscape is Complex
Although finding traction, blockchain-based, play-to-earn games are relatively complex and technically inaccessible for a section of beginner gamers used to traditional games because NFTs are complicated and expensive.
Minting costs are pegged to the base blockchain and can be steep. Most NFTs are launched from Ethereum—the pioneer smart contract blockchain. While Ethereum is popular, the network’s inability to scale and process more transactions per block has led to a spike in gas fees, adversely affecting user experience due to high minting costs.
How Liberty Gaming Guild is Tearing Down Walls
LGG acts as a barrier-breaking project and gateway for gamers to interact with some of the sphere’s popular play-to-earn games, therefore leveling the field.
This success that LGG has enjoyed in bringing more gamers to the metaverse and lowering the cost of access to the otherwise pricey NFTs is what Persib Bandung will market to its loyal fan base and active community.
In return, fans would experience firsthand how they can take charge of their finances by using innovative blockchain solutions that offer above-yield returns.
Commenting, Maurizio Barbieri the CCO of LGG said:
“When given a chance to partner with arguably one of the most popular football clubs not only in Indonesia but in the whole region, you do not think twice, and you grab this opportunity. With Persib carrying LGG’s message of success in the metaverse and financial freedom for its community members, I am sure we’ll be able to accelerate our growth in SEA and Indonesia specifically. We can’t wait to start working with the fantastic Persib team and take this not only to the next level but to the moon!”
On the other hand, Persib Bandung fans will have a chance to explore a wide variety of LGG play-to-earn and blockchain game portfolios. Some of the top games include Axie Infinity, League of Kingdoms, and Splinterlands.