"In Feb., the significantly intermediated financial system allowed Canada to wield its powers freeze financial assets of citizens protesting against vaccine mandates - a politically unpopular opinion. A Western democracy should never practice digital authoritarianism akin to China"Read on Twitter
Here are other recent tweets from Tom Emmer:
"As we have moved into the digital economy of the 21st century, the risk of financial censorship is higher than ever before because society primarily transacts digital money through intermediaries."Read on Twitter
"Fortunately, there are decentralized payment tools that preserve the democratic values that are so integral to the free world. I am dedicated to ensuring Americans have financial tools that, like cash, are open, permissionless, private, and resilient to intermediated control."Read on Twitter
"The cost? An irresponsible government could weaponize emergency powers and order financial institutions to arbitrarily freeze the accounts and assets of individuals that engage in politically unpopular activities."Read on Twitter