CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Russian Federation (22-JUL-2024) ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Russian Federation (22-JUL-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Launched
CBDC Launch: 2023-08-15
CBDC Model: Retail
CBDC Issued: n/a
Inflation Rate: 6.69%
TEXT:
The Human Rights Foundation (HRF) raises concerns as "🇳🇬" initiates the development of its Central Bank Digital Currency (CBDC). HRF's worry takes roots from the central bank's potential control over all transactions. While CBDCs open new opportunities for more efficient transactions, they also open doors to a total surveillance state. 🇳🇬's history of government oppression and violation of privacy rights adds into the worry. HRF believes that instead of being a tool for financial inclusion, CBDCs are covert tools for a government like 🇳🇬's to further tighten their stranglehold on economic activity.
One-Sentence Summary:
HRF raises alarm as 🇳🇬 embarks on a path to its own CBDC, hinting at threats of complete transaction control leading to a surveillance state.
✅ The Human Rights Foundation is concerned about 🇳🇬's plan to develop its own CBDC.
✅ The concern lies in the CBDC providing the central bank potential control over all transactions.
✅ While CBDCs offer efficient transaction options, they also may pave the way to a surveillance state.
✅ 🇳🇬's history of breaches in privacy rights intensify these concerns.
✅ The HRF suggests that rather than encouraging financial inclusion, CBDCs in nations like 🇳🇬 could be tools for tightening control on economic activities.
#HumanRights #DigitalCurrencies #CBDC #SurveillanceState #FinancialControl
Question:
Could the implementation of CBDCs in nations with a history of human rights abuses lead to a rising threat of a state-controlled economy? We welcome diverse perspectives and opinions in our quest for understanding these unfolding digital dynamics.
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: Launched
CBDC Launch: 2023-08-15
CBDC Model: Retail
CBDC Issued: n/a
Inflation Rate: 6.69%
TEXT:
The Human Rights Foundation (HRF) raises concerns as "🇳🇬" initiates the development of its Central Bank Digital Currency (CBDC). HRF's worry takes roots from the central bank's potential control over all transactions. While CBDCs open new opportunities for more efficient transactions, they also open doors to a total surveillance state. 🇳🇬's history of government oppression and violation of privacy rights adds into the worry. HRF believes that instead of being a tool for financial inclusion, CBDCs are covert tools for a government like 🇳🇬's to further tighten their stranglehold on economic activity.
One-Sentence Summary:
HRF raises alarm as 🇳🇬 embarks on a path to its own CBDC, hinting at threats of complete transaction control leading to a surveillance state.
✅ The Human Rights Foundation is concerned about 🇳🇬's plan to develop its own CBDC.
✅ The concern lies in the CBDC providing the central bank potential control over all transactions.
✅ While CBDCs offer efficient transaction options, they also may pave the way to a surveillance state.
✅ 🇳🇬's history of breaches in privacy rights intensify these concerns.
✅ The HRF suggests that rather than encouraging financial inclusion, CBDCs in nations like 🇳🇬 could be tools for tightening control on economic activities.
#HumanRights #DigitalCurrencies #CBDC #SurveillanceState #FinancialControl
Question:
Could the implementation of CBDCs in nations with a history of human rights abuses lead to a rising threat of a state-controlled economy? We welcome diverse perspectives and opinions in our quest for understanding these unfolding digital dynamics.
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