South Dakota Governor Krisi Noem appeared on Tucker Carlson’s television broadcast last night to send a warning to fellow governors. The South Dakota legislature passed a bill redefining currency and creating rules for a Central Bank Digital Currency (CBDC) that would block all other digital currencies from being used in the state. Governor Noem vetoed the bill. ✊
When asked why her legislature would do this, Noem responded the state politicians likely did not read the bill as it was constructed by lobbyists. Noem is exactly correct and hits on a subject we have discussed here frequently.
However, one of the more alarming aspects to Noem’s discussion of the issue is that around 20 other states are considering similar legislation. The Supreme Court has already ruled that "code is protected under the 1st Amendment" but by signing the bill these States could create an awful lot of havoc before the SCOTUS stops their madness.
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