CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Indonesia (22-MAR-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Indonesia (22-MAR-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 4.21%
One-Sentence Summary:
Amid concerns of corruption and human rights violations, Indonesia takes step towards developing Central Bank Digital Currencies (CBDCs), with legislation changes underway to make it legal tender.
Analyze Content Per Paragraph:
1. ✅🇮🇩's Bank Indonesia disclosed a CBDC white paper called Project Garuda in November 2022.
2. ✅Bank Indonesia's governor aims to commence with a wholesale CBDC before distributing a retail version to the public.
3. ✅Progress seen within 2022 with legislative changes underway to make future CBDC - the digital rupiah - legal tender.
4. ✅Public consultations and research data on digital rupiah was shared by Bank Indonesia in 2023 but there has been no further development since then.
5. ✅🇮🇩 scored 58/100 in the 2023 Freedom in the World Report, facing issues with corruption at all levels and suppression of dissenting voices.
6. ✅Endemic corruption could potentially influence the CBDC policies and promise of limiting surveillance or control.
7. ✅Reports of internet service disruption by government officials and potential freezing of funds for opposition, raise concerns about possible misuse of CBDCs.
Hashtags:
#HumanRightsFoundation #CentralBanks #GlobalFinance #Indonesia #DigitalCurrency #CivilLiberties #FreedomHouse2023
Question:
Given these early steps towards digital currencies in places like 🇮🇩 and considering the perceived risks, how can the international community effectively advocate for citizen protections and transparency in the development and implementation of CBDCs? We'd love to hear your thoughts.
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%
One-Sentence Summary:
Amid concerns of corruption and human rights violations, Indonesia takes step towards developing Central Bank Digital Currencies (CBDCs), with legislation changes underway to make it legal tender.
Analyze Content Per Paragraph:
1. ✅🇮🇩's Bank Indonesia disclosed a CBDC white paper called Project Garuda in November 2022.
2. ✅Bank Indonesia's governor aims to commence with a wholesale CBDC before distributing a retail version to the public.
3. ✅Progress seen within 2022 with legislative changes underway to make future CBDC - the digital rupiah - legal tender.
4. ✅Public consultations and research data on digital rupiah was shared by Bank Indonesia in 2023 but there has been no further development since then.
5. ✅🇮🇩 scored 58/100 in the 2023 Freedom in the World Report, facing issues with corruption at all levels and suppression of dissenting voices.
6. ✅Endemic corruption could potentially influence the CBDC policies and promise of limiting surveillance or control.
7. ✅Reports of internet service disruption by government officials and potential freezing of funds for opposition, raise concerns about possible misuse of CBDCs.
Hashtags:
#HumanRightsFoundation #CentralBanks #GlobalFinance #Indonesia #DigitalCurrency #CivilLiberties #FreedomHouse2023
Question:
Given these early steps towards digital currencies in places like 🇮🇩 and considering the perceived risks, how can the international community effectively advocate for citizen protections and transparency in the development and implementation of CBDCs? We'd love to hear your thoughts.
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