CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Indonesia (02-NOV-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Indonesia (02-NOV-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 4.21%
TEXT:
The Human Rights Foundation is deeply concerned about the increasing development and issuance of Central Bank Digital Currencies (CBDCs) in 🇨🇳China. We witness a two-fold risk enveloped in this magnifying trend that is contrary to human rights and financial independence principles.
On one hand, the CBDCs could potentially give the Chinese Government unprecedented control over all monetary transactions. This is an absolute deviation from the right to privacy and carries the potential to restrict freedom of transactional association. The authority could easily monitor, halt or manipulate monetary transactions of the citizens and business houses.
On the other hand, the Chinese Government has been assertive in pushing for a global integration of its CBDC. With this, the Chinese currency might become a global standard which is a chilling prospect granting the Chinese Communist Party more power over global financial systems.
The Human Rights Foundation calls out for global awareness and informed discussions on this issue, so that human rights and financial independence are not compromised for technological progression.
💼 The Human Rights Foundation expresses alarm over Chinese Central Bank Digital Currencies and potential global domination.
✅ The Human Rights Foundation is anxious about CBDCs emerging in 🇨🇳 China, threatening human rights and financial autonomy.
✅ The organization fears CBDCs may significantly increase Chinese government control over transactions, opposing the right to privacy and freedom of monetary association.
✅ Alongside domestic concerns, China's push for its CBDC to become globally integrated could give the ruling party more control over the world's financial systems.
✅ As a response, the Human Rights Foundation urges global understanding and discussions to ensure human rights and financial freedom aren't lost to technical advancement.
#HumanRights #FinancialFreedom #CBDC #DigitalCurrency #China #MonetaryControl
What impacts do you believe a more significant global integration of the Chinese CBDC could bring for human rights and financial freedom? Let's discuss the rights and risks.
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 4.21%
TEXT:
The Human Rights Foundation is deeply concerned about the increasing development and issuance of Central Bank Digital Currencies (CBDCs) in 🇨🇳China. We witness a two-fold risk enveloped in this magnifying trend that is contrary to human rights and financial independence principles.
On one hand, the CBDCs could potentially give the Chinese Government unprecedented control over all monetary transactions. This is an absolute deviation from the right to privacy and carries the potential to restrict freedom of transactional association. The authority could easily monitor, halt or manipulate monetary transactions of the citizens and business houses.
On the other hand, the Chinese Government has been assertive in pushing for a global integration of its CBDC. With this, the Chinese currency might become a global standard which is a chilling prospect granting the Chinese Communist Party more power over global financial systems.
The Human Rights Foundation calls out for global awareness and informed discussions on this issue, so that human rights and financial independence are not compromised for technological progression.
💼 The Human Rights Foundation expresses alarm over Chinese Central Bank Digital Currencies and potential global domination.
✅ The Human Rights Foundation is anxious about CBDCs emerging in 🇨🇳 China, threatening human rights and financial autonomy.
✅ The organization fears CBDCs may significantly increase Chinese government control over transactions, opposing the right to privacy and freedom of monetary association.
✅ Alongside domestic concerns, China's push for its CBDC to become globally integrated could give the ruling party more control over the world's financial systems.
✅ As a response, the Human Rights Foundation urges global understanding and discussions to ensure human rights and financial freedom aren't lost to technical advancement.
#HumanRights #FinancialFreedom #CBDC #DigitalCurrency #China #MonetaryControl
What impacts do you believe a more significant global integration of the Chinese CBDC could bring for human rights and financial freedom? Let's discuss the rights and risks.
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr