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2024-11-10 00:00:32

CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Antigua and Barbuda (07-NOV-2024) ...

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Antigua and Barbuda (07-NOV-2024)

🗝️ℹ️ (Key Information)
CBDC Status: Launched
CBDC Launch: 2021-02-28
CBDC Model: Retail
CBDC Issued: ¤764,096
Inflation Rate: 7.53%

TEXT: The Human Rights Foundation has highlighted the introduction of Central Bank Digital Currencies (CBDCs) in 🇨🇳China as a potential threat to individual privacy and freedom. Concerns stem from the Chinese government's history of surveillance and control over its citizenry. While the CBDCs are projected to reshape financial systems, they also offer the government an unprecedented level of insight into consumer behaviors and financial transactions.

"China's CBDCs: A Threat to Privacy and Freedom?"

✅ The Human Rights Foundation is raising red flags about 🇨🇳China's development of Central Bank Digital Currencies (CBDCs).
✅ The Foundation's concerns are rooted in the country's history of citizen surveillance and control.
✅ While CBDCs have the potential to revolutionize financial systems, they also provide governments like 🇨🇳China's with increased ability to track and monitor citizens' financial activities.

#HumanRightsFoundation #PrivacyConcerns #FinancialFreedom

How might the development of CBDCs in nations known for citizen surveillance impact personal privacy and financial freedom? Let's discuss in the comments.

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)

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