CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Israel (04-NOV-2024) 🗝️ℹ️ (Key ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Israel (04-NOV-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 4.39%
TEXT:
The Human Rights Foundation has sounded the alarm on the development of Central Bank Digital Currencies (CBDCs) in China. As per the foundation, CBDCs in China are a tool for surveillance and control. It believes that the introduction of the CBDC, also known as the 'Digital Yuan', could potentially give the Chinese government unprecedented control over the financial transactions of its citizens. Currently, the Chinese government can only track transactions made through banking and financial institutions but with the introduction of CBDC, every financial transactions will be under the watchful eye of the government. The Human Rights Foundation has also added that this move could lead to other nations copying China's methods.
One-Sentence Summary:
🚨Human Rights Foundation warns on China's🇨🇳 digital currency, citing concerns of surveillance and control!
Topics:
✅ The Human Rights Foundation has raised concerns about China's🇨🇳 upcoming Central Bank Digital Currency (CBDC)
✅ The foundation believes that CBDCs could give the Chinese government unprecedented surveillance capabilities over its citizens' financial transactions
✅ Currently, the Chinese government can only monitor transactions through banking institutions, but CBDCs would allow complete transactional oversight.
✅ The Human Rights Foundation fears the global implications of this move, as other nations might follow China's🇨🇳 lead.
Hashtags:
#HumanRightsFoundation #DigitalYuan #CentralBankDigitalCurrency #SurveillanceState #DigitalRights
Question:
Considering this advancement, do you think the potential benefits of CBDCs outweigh their potential use as surveillance tools? Do such developments threaten the freedom and privacy of citizens globally, or could they lead to increased transparency and financial security? We'd love to hear your views.
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: 4.39%
TEXT:
The Human Rights Foundation has sounded the alarm on the development of Central Bank Digital Currencies (CBDCs) in China. As per the foundation, CBDCs in China are a tool for surveillance and control. It believes that the introduction of the CBDC, also known as the 'Digital Yuan', could potentially give the Chinese government unprecedented control over the financial transactions of its citizens. Currently, the Chinese government can only track transactions made through banking and financial institutions but with the introduction of CBDC, every financial transactions will be under the watchful eye of the government. The Human Rights Foundation has also added that this move could lead to other nations copying China's methods.
One-Sentence Summary:
🚨Human Rights Foundation warns on China's🇨🇳 digital currency, citing concerns of surveillance and control!
Topics:
✅ The Human Rights Foundation has raised concerns about China's🇨🇳 upcoming Central Bank Digital Currency (CBDC)
✅ The foundation believes that CBDCs could give the Chinese government unprecedented surveillance capabilities over its citizens' financial transactions
✅ Currently, the Chinese government can only monitor transactions through banking institutions, but CBDCs would allow complete transactional oversight.
✅ The Human Rights Foundation fears the global implications of this move, as other nations might follow China's🇨🇳 lead.
Hashtags:
#HumanRightsFoundation #DigitalYuan #CentralBankDigitalCurrency #SurveillanceState #DigitalRights
Question:
Considering this advancement, do you think the potential benefits of CBDCs outweigh their potential use as surveillance tools? Do such developments threaten the freedom and privacy of citizens globally, or could they lead to increased transparency and financial security? We'd love to hear your views.
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