CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Nepal (29-JUL-2024) 🗝️ℹ️ (Key ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Nepal (29-JUL-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 4.09%
"Human Rights Foundation flags concerns over development of Central Bank Digital Currencies in 🇨🇳China."
✅ The Human Rights Foundation (HRF) has spotlighted the development of Central Bank Digital Currencies (CBDCs) in 🇨🇳 with concerns about potential human rights implications.
✅ As per the report, the Chinese government is moving forward with their digital Yuan, a CBDC initiative that could have far-reaching effects on both its economy and its citizens.
✅ HRF suggests that this new digital currency might be more than just an evolution of money and raises concerns about the possibilities for surveillance and control by the Chinese government.
✅ Due to its centralized nature, critics fear that this CBDC could be a powerful tool for authoritarians to control the financial lives of their citizens by going against the principles of financial privacy.
✅ Concerns have been raised about possible applications of this technology in eradicating cash, redefining money, and in setting up an all-seeing eye on Chinese citizens' financial activities.
#HumanRights #DigitalCurrency #China #CBDC #PrivacyConcerns #FinancialControl
Does the rise of CBDCs pose a threat to civil liberties such as financial privacy, or could they also provide potential benefits to their users? Let's discuss.
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: 4.09%
"Human Rights Foundation flags concerns over development of Central Bank Digital Currencies in 🇨🇳China."
✅ The Human Rights Foundation (HRF) has spotlighted the development of Central Bank Digital Currencies (CBDCs) in 🇨🇳 with concerns about potential human rights implications.
✅ As per the report, the Chinese government is moving forward with their digital Yuan, a CBDC initiative that could have far-reaching effects on both its economy and its citizens.
✅ HRF suggests that this new digital currency might be more than just an evolution of money and raises concerns about the possibilities for surveillance and control by the Chinese government.
✅ Due to its centralized nature, critics fear that this CBDC could be a powerful tool for authoritarians to control the financial lives of their citizens by going against the principles of financial privacy.
✅ Concerns have been raised about possible applications of this technology in eradicating cash, redefining money, and in setting up an all-seeing eye on Chinese citizens' financial activities.
#HumanRights #DigitalCurrency #China #CBDC #PrivacyConcerns #FinancialControl
Does the rise of CBDCs pose a threat to civil liberties such as financial privacy, or could they also provide potential benefits to their users? Let's discuss.
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