Strive Asset Management executive chairman Vivek Ramaswamy balked at the possibility of a “central bank digital currency” in the United States during an interview with Fox News host Tucker Carlson.

The entrepreneur rejected the notion that a digital dollar managed by the Federal Reserve would be beneficial for the economy, asserting that the project would instead open citizens to government censorship and surveillance. Ramaswamy also dismissed the idea that adopting such a currency system would render the United States more competitive with China, which has launched a digital yuan and is encouraging residents to pivot toward the new medium of exchange.

Read More:  Daily Wire