CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Luxembourg (14-SEP-2024) 🗝️ℹ️ ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Luxembourg (14-SEP-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 6.34%
TEXT:
The Human Rights Foundation has raised concerns over the recent advancements of Central Bank Digital Currencies (CBDCs) in China 🇨🇳. The report highlights that, while many countries are exploring the development of these digitized forms of fiat currency, China's CBDC, also known as the Digital Yuan, comes with strict control and surveillance features. The report warns that this might risk citizens' privacy and empower the state with undue control over transactions.
One-Sentence Summary:
Human Rights Foundation warns of privacy concerns and potential state abuse with China's 🇨🇳 advances in Central Bank Digital Currencies (CBDCs).
✅ The Human Rights Foundation is alarmed by China's 🇨🇳 progress in developing their state-controlled CBDC, the Digital Yuan.
✅ Many nations are researching CBDCs, but China's 🇨🇳 version raises concerns due to its surveillance features.
✅ Privacy issues and disproportionate state control over transactions are key worries detailed in the report.
#HumanRights #CBDCs #PrivacyIssues #DigitalSurveillance #DigitalYuan #FinancialInnovation #China
How could the development and implementation of Central Bank Digital Currencies (CBDCs) preserve individual freedoms and privacy while also aiding in legitimate national security objectives? Let's discuss!
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: 6.34%
TEXT:
The Human Rights Foundation has raised concerns over the recent advancements of Central Bank Digital Currencies (CBDCs) in China 🇨🇳. The report highlights that, while many countries are exploring the development of these digitized forms of fiat currency, China's CBDC, also known as the Digital Yuan, comes with strict control and surveillance features. The report warns that this might risk citizens' privacy and empower the state with undue control over transactions.
One-Sentence Summary:
Human Rights Foundation warns of privacy concerns and potential state abuse with China's 🇨🇳 advances in Central Bank Digital Currencies (CBDCs).
✅ The Human Rights Foundation is alarmed by China's 🇨🇳 progress in developing their state-controlled CBDC, the Digital Yuan.
✅ Many nations are researching CBDCs, but China's 🇨🇳 version raises concerns due to its surveillance features.
✅ Privacy issues and disproportionate state control over transactions are key worries detailed in the report.
#HumanRights #CBDCs #PrivacyIssues #DigitalSurveillance #DigitalYuan #FinancialInnovation #China
How could the development and implementation of Central Bank Digital Currencies (CBDCs) preserve individual freedoms and privacy while also aiding in legitimate national security objectives? Let's discuss!
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