A survey has found that a vast majority of Americans do not support the widespread adoption of a central bank digital currency (CBDC) in the United States.
This was according to a survey conducted by the libertarian think tank the Cato Institute in collaboration with market research and polling company YouGov, known as the "Cato Institute 2023 Central Bank Digital Currency National Survey." (Related: State legislatures are sneakily introducing amendments to laws that would pave the way for CBDC domination.)
According to the survey, just 16 percent of Americans support the adoption of a CBDC in the country. More than double – 34 percent – would actively oppose the Federal Reserve offering a CBDC, and many Americans – 49 percent – do not have a strong opinion on CBDCs, likely from a lack of proper information about what CBDCs are.
Support for a CBDC is widely unpopular with both Democrats and Republicans, with only 22 percent of Democrats and 11 percent of Republicans stating that they would support a CBDC. Similarly, only 14 percent of political independents support a CBDC.
