CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Chile (26-MAR-2024) 🗝️ℹ️ (Key ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Chile (26-MAR-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 11.64%
One-Sentence Summary:
Chile's Central Bank, while maintaining a favorable perspective on the potential of Central Bank Digital Currencies (CBDCs), remains cautious about implementation due to associated risks and the need for further research.
✅ The Central Bank of Chile sees possible benefits of issuing a CBDC, including contributions to the country's digital transformation and the refinement of its payment system.
✅ Despite this, the bank acknowledges that there's insufficient information to conclusively decide on the matter, indicating the likelihood of further years of studies and investigation.
✅ In its second report issued two years later, the Central Bank of Chile maintains its stance of continued research and pilot studies, but reiterates that they've made no commitments on issuing a CBDC.
✅ The bank is also cautious, stating that a CBDC may not be the most effective solution to current issues and that there are significant risks associated with issuing CBDCs.
✅ Despite earning an impressive score in Freedom House’s 2023 Freedom in the World report, the potential implementation of a CBDC in 🇨🇱 brings about concerns regarding financial freedom and privacy.
✅ Those interested in understanding related concerns regarding human rights, civil liberties, and risks of CBDCs are directed to various reports and resources by global institutions such as the U.S. Department of State, Amnesty International, and Cato Institute.
#CBDC #CentralBankofChile #HumanRightsFoundation #FinancialFreedom #PrivacyConcerns
As crypto enthusiasts and freedom advocates, how do you view the caution exhibited by Chile's Central Bank towards CBDC implementation? What impact do you think this could have on financial privacy and freedom in the country?
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: 11.64%
One-Sentence Summary:
Chile's Central Bank, while maintaining a favorable perspective on the potential of Central Bank Digital Currencies (CBDCs), remains cautious about implementation due to associated risks and the need for further research.
✅ The Central Bank of Chile sees possible benefits of issuing a CBDC, including contributions to the country's digital transformation and the refinement of its payment system.
✅ Despite this, the bank acknowledges that there's insufficient information to conclusively decide on the matter, indicating the likelihood of further years of studies and investigation.
✅ In its second report issued two years later, the Central Bank of Chile maintains its stance of continued research and pilot studies, but reiterates that they've made no commitments on issuing a CBDC.
✅ The bank is also cautious, stating that a CBDC may not be the most effective solution to current issues and that there are significant risks associated with issuing CBDCs.
✅ Despite earning an impressive score in Freedom House’s 2023 Freedom in the World report, the potential implementation of a CBDC in 🇨🇱 brings about concerns regarding financial freedom and privacy.
✅ Those interested in understanding related concerns regarding human rights, civil liberties, and risks of CBDCs are directed to various reports and resources by global institutions such as the U.S. Department of State, Amnesty International, and Cato Institute.
#CBDC #CentralBankofChile #HumanRightsFoundation #FinancialFreedom #PrivacyConcerns
As crypto enthusiasts and freedom advocates, how do you view the caution exhibited by Chile's Central Bank towards CBDC implementation? What impact do you think this could have on financial privacy and freedom in the country?
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