CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Philippines (25-JUL-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Philippines (25-JUL-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 5.82%
Text: The Human Rights Foundation has expressed concern over the establishment of Central Bank Digital Currencies (CBDCs) in Kenya. They warn that while these central bank-backed digital currencies can help modernize economies, they also pose significant threats to our fundamental human rights. The foundation argues that with state-owned digital currencies, governments can easily subject their citizens to financial surveillance, increasing their vulnerability to measure such as asset seizure and control of financial transactions. They call for a comprehensive review of the CBDC establishment processes to ensure that these potential risks are adequately addressed.
One-Sentence Summary: Human Rights Foundation voices fears over the potential misuse of Central Bank Digital Currencies (CBDCs) in 🇰🇪, warning of the possible violations to citizens' privacy and financial independence.
✅ The Human Rights Foundation raises concerns about the use of Central Bank Digital Currencies (CBDCs) in 🇰🇪.
✅ The foundation acknowledges that these digital currencies can be beneficial for modernizing economies.
✅ They highlight, however, that state-led digital currencies may expose citizens to financial surveillance and possible asset seizure.
✅ They are urging for a comprehensive analysis of the CBDC creation process to mitigate these potential risks.
Hashtags: #HumanRightsFoundation #CBDCs #FinancialFreedom #PrivacyRights #Kenya
Question: In light of the Human Rights Foundation's concerns, how do you believe that digital currencies, like CBDCs, can maintain their potential benefits whilst ensuring the protection of the user's privacy and financial independence?
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: 5.82%
Text: The Human Rights Foundation has expressed concern over the establishment of Central Bank Digital Currencies (CBDCs) in Kenya. They warn that while these central bank-backed digital currencies can help modernize economies, they also pose significant threats to our fundamental human rights. The foundation argues that with state-owned digital currencies, governments can easily subject their citizens to financial surveillance, increasing their vulnerability to measure such as asset seizure and control of financial transactions. They call for a comprehensive review of the CBDC establishment processes to ensure that these potential risks are adequately addressed.
One-Sentence Summary: Human Rights Foundation voices fears over the potential misuse of Central Bank Digital Currencies (CBDCs) in 🇰🇪, warning of the possible violations to citizens' privacy and financial independence.
✅ The Human Rights Foundation raises concerns about the use of Central Bank Digital Currencies (CBDCs) in 🇰🇪.
✅ The foundation acknowledges that these digital currencies can be beneficial for modernizing economies.
✅ They highlight, however, that state-led digital currencies may expose citizens to financial surveillance and possible asset seizure.
✅ They are urging for a comprehensive analysis of the CBDC creation process to mitigate these potential risks.
Hashtags: #HumanRightsFoundation #CBDCs #FinancialFreedom #PrivacyRights #Kenya
Question: In light of the Human Rights Foundation's concerns, how do you believe that digital currencies, like CBDCs, can maintain their potential benefits whilst ensuring the protection of the user's privacy and financial independence?
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