"Crypto is a scam." — U.S. lawmakers "CBDCs are the future." — same lawmakers

[johnblockbuster]

On Wednesday, U.S. Democratic leaders like Maxine Waters and Stephen Lynch held a press conference claiming:

“There is no legitimate use case for crypto… This entire industry is a scam.”

Meanwhile, they pushed for a federal CBDC — the exact thing Trump banned via executive order back in January.

Let that sink in:
Crypto = scam
CBDC = innovation

They're calling the CBDC Anti-Surveillance State Act (which bans gov’t-issued digital dollars) the “Anti-Innovation Act.”

🤯 Lynch even credited crypto for “every single ransomware heist” ever.

Some context:

The Fed says no CBDC under Powell’s watch.

Most Americans don’t want a CBDC, per Cato Institute data.

Meanwhile, countries like India, Australia, and maybe the UK are exploring tokenized deposits or closed CBDC pilots — not full public rollouts.

So here we are:
Crypto = permissionless, decentralized
️ CBDC = state-controlled programmable money

And they’re trying to say we’re the problem?

#CryptoNews #CBDC #Bitcoin #DeFi #CentralBank #Regulation #SurveillanceState #DigitalDollar #FinancialFreedom