CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Switzerland (28-JUN-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Switzerland (28-JUN-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 2.84%
TEXT:
"Estonia 🇪🇪 is progressing steadily with its plan to launch a Central Bank Digital Currency (CBDC). According to the Human Rights Foundation, there are two approaches the country is considering: a retail-based CBDC and a wholesale-based CBDC. The retail-based model would allow every citizen to have access to CBDCs, while the wholesale model will only be accessible to commercial banks and other financial institutions. Estonia's central bank has been making strides towards this end and aims to make a decision on its approach by mid-2022. Supporters believe that CBDCs will revolutionize the country's financial system, making transactions quicker and cheaper, and ultimately more efficient in comparison to current methods."
One-sentence summary:
🇪🇪 Estonia gears up to launch a Central Bank Digital Currency, ponders between retail-based or wholesale model, with an aim to decide by 2022 as per the Human Rights Foundation.
✅ 🇪🇪 Estonia is steadily moving towards launching its own Central Bank Digital Currency.
✅ The Human Rights Foundation reported the country is considering two models: a retail-based CBDC, and a wholesale-based CBDC.
✅ The retail approach would enable all citizens to access CBDCs, while the wholesale model is only for financial institutions.
✅ The central bank of Estonia intends to finalize a decision by mid-2022.
✅ Supporters of CBDCs believe it will revolutionize Estonia's financial system with faster, cheaper, and ultimately more efficient transactions.
#Estonia #CBDC #CentralBankDigitalCurrency #HumanRightsFoundation #DigitalCurrency #Finance
What do you think about Estonia's effort in adopting a Central Bank Digital Currency? Will the retail or wholesale model better serve its citizens and why?
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: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 2.84%
TEXT:
"Estonia 🇪🇪 is progressing steadily with its plan to launch a Central Bank Digital Currency (CBDC). According to the Human Rights Foundation, there are two approaches the country is considering: a retail-based CBDC and a wholesale-based CBDC. The retail-based model would allow every citizen to have access to CBDCs, while the wholesale model will only be accessible to commercial banks and other financial institutions. Estonia's central bank has been making strides towards this end and aims to make a decision on its approach by mid-2022. Supporters believe that CBDCs will revolutionize the country's financial system, making transactions quicker and cheaper, and ultimately more efficient in comparison to current methods."
One-sentence summary:
🇪🇪 Estonia gears up to launch a Central Bank Digital Currency, ponders between retail-based or wholesale model, with an aim to decide by 2022 as per the Human Rights Foundation.
✅ 🇪🇪 Estonia is steadily moving towards launching its own Central Bank Digital Currency.
✅ The Human Rights Foundation reported the country is considering two models: a retail-based CBDC, and a wholesale-based CBDC.
✅ The retail approach would enable all citizens to access CBDCs, while the wholesale model is only for financial institutions.
✅ The central bank of Estonia intends to finalize a decision by mid-2022.
✅ Supporters of CBDCs believe it will revolutionize Estonia's financial system with faster, cheaper, and ultimately more efficient transactions.
#Estonia #CBDC #CentralBankDigitalCurrency #HumanRightsFoundation #DigitalCurrency #Finance
What do you think about Estonia's effort in adopting a Central Bank Digital Currency? Will the retail or wholesale model better serve its citizens and why?
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