- Ah, political interference! The last refuge of the scoundrel, now cloaked in the digital veil of progress. π΅οΈβοΈ
- Conservatives, those stalwart guardians of economic liberty, stand athwart history, yelling, “Stop!” π«
- Laws, like old aunts, are always there to spoil the fun-especially when it comes to CBDCs. π
Ah, the Canadian Conservative Party, led by the indefatigable Pierre Poilievre, has taken up arms-or rather, microphones-against the Bank of Canadaβs audacious plan to introduce a central bank digital currency (CBDC). In a recent video Q&A on X, Poilievre, with all the fervor of a man who has just discovered his tea is cold, declared his opposition and vowed to support a bill that would banish this digital monstrosity from the Great White North. πβοΈ
Source – X
Why Do Conservatives Wail About CBDCs? π
Poilievre, with the dramatic flair of a Shakespearean actor, decried CBDCs as nothing less than “government-controlled bank accounts.” He reminded us, with a wink and a nod, that Canadians already possess digital money in the form of private bank accounts-a convenience, he insists, that requires no governmental meddling. π¦β
“Imagine,” he intoned, “a world where politicians could control your spending! They might charge higher interest rates for electric vehicles or penalize those who dare to purchase a gas-guzzling chariot. The horror! The horror!” πβ‘
He fears, quite rightly, that such powers would compromise the financial independence of Canadians and open the door to political mischief. After all, who needs Big Brother when you have Big Bank? ποΈ
Cash, the Last Bastion of Freedom, Shall Endure! πΈ
In addition to his crusade against digital currencies, Poilievre has pledged to protect the sacred right of Canadians to use cash. Despite the march of progress and the rise of digital payments, he stands firm, a modern-day Don Quixote, championing the cause of physical money. π°
Conservative MP Ted Falk, with Poilievreβs blessing, has introduced a bill in the House of Commons to prohibit CBDCs. The stage is set for a grand tussle between money, privacy, and government authority-a drama worthy of Wilde himself. π
Poilievre, ever the provocateur, accuses the government of overreach, of attempting to regulate the very air we breathe and the coins in our pockets. “The government must not control our money,” he declares, “for it is we who control the government-or so we like to think.” π€
This debate is but a chapter in the global saga of CBDCs and privacy, where fears of centralized control clash with the siren song of technological advancement. The Canadian Conservative Party, ever vigilant, has made this their cause cΓ©lΓ¨bre, ready to face whatever the Bank of Canada may throw at them later this year. ππ
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2025-08-07 19:48