CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Venezuela (21-OCT-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Venezuela (21-OCT-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 254.9%
TEXT:
The Human Rights Foundation has reported that 🇧🇷 is moving forward with its plans to launch Central Bank Digital Currencies (CBDCs), a development watched closely by international financial institutions. Having made significant progress in setting up the technological infrastructure, the Central Bank of 🇧🇷 is setting the stage for a possible digital renaissance in the country.
Despite the positive spin from 🇧🇷's authorities, human rights organizations have raised concerns about the potential for misuse of CBDCs. Without the right regulations, they fear, individual freedom and privacy could be compromised as government institutions can easily monitor, control, and even possibly manipulate digital transactions.
The Human Rights Foundation is calling for strict regulations to prevent potential misuse and protect citizens’ rights.
POST:
🇧🇷 Mercilessly Marches on with Central Bank Digital Currencies Plans Amid Concerns from Human Rights Foundation!
✅ Bold moves from 🇧🇷 are shaking up the digital finance world as they're gearing up to launch Central Bank Digital Currencies (CBDCs), an event tracked closely by international money moguls.
✅ Building a robust tech platform, 🇧🇷's reserve bank shows signs of digital dawn in the country.
✅ Don't pop the champagne just yet! Human rights groups including the Human Rights Foundation are pointing out potential risks for misuse of CBDCs - freedom and privacy, anyone?
✅ The spotlight is on the power balance between government bodies and individual rights. Could unlimited access to digital transactions mean more control, even manipulation from the top?
✅ Human Rights Foundation sounding the alarm for stringent regulations to avoid misuse and safeguard the rights of the people.
#BrazilCDP #FinanceRevolution #HumanRightsWatch
Are we running the risk of trading privacy for digital convenience in adopting CBDCs? Let's have an insightful dialogue on balancing the wonders of technology with the fundamental rights of individuals.
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: 254.9%
TEXT:
The Human Rights Foundation has reported that 🇧🇷 is moving forward with its plans to launch Central Bank Digital Currencies (CBDCs), a development watched closely by international financial institutions. Having made significant progress in setting up the technological infrastructure, the Central Bank of 🇧🇷 is setting the stage for a possible digital renaissance in the country.
Despite the positive spin from 🇧🇷's authorities, human rights organizations have raised concerns about the potential for misuse of CBDCs. Without the right regulations, they fear, individual freedom and privacy could be compromised as government institutions can easily monitor, control, and even possibly manipulate digital transactions.
The Human Rights Foundation is calling for strict regulations to prevent potential misuse and protect citizens’ rights.
POST:
🇧🇷 Mercilessly Marches on with Central Bank Digital Currencies Plans Amid Concerns from Human Rights Foundation!
✅ Bold moves from 🇧🇷 are shaking up the digital finance world as they're gearing up to launch Central Bank Digital Currencies (CBDCs), an event tracked closely by international money moguls.
✅ Building a robust tech platform, 🇧🇷's reserve bank shows signs of digital dawn in the country.
✅ Don't pop the champagne just yet! Human rights groups including the Human Rights Foundation are pointing out potential risks for misuse of CBDCs - freedom and privacy, anyone?
✅ The spotlight is on the power balance between government bodies and individual rights. Could unlimited access to digital transactions mean more control, even manipulation from the top?
✅ Human Rights Foundation sounding the alarm for stringent regulations to avoid misuse and safeguard the rights of the people.
#BrazilCDP #FinanceRevolution #HumanRightsWatch
Are we running the risk of trading privacy for digital convenience in adopting CBDCs? Let's have an insightful dialogue on balancing the wonders of technology with the fundamental rights of individuals.
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