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2024-10-17 00:04:15

CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Vanuatu (08-OCT-2024) 🗝️ℹ️ ...

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Vanuatu (08-OCT-2024)

🗝️ℹ️ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 2.34%

"Human Rights Foundation announces concerns over the development of Central Bank Digital Currencies in 🇨🇳 China, highlighting potential for increased surveillance and regulation."

✅ Human Rights Foundation raises alarm over China's acceleration in developing a Central Bank Digital Currency.
✅ The entity emphasizes the danger of government surveillance that may result from integrating digital currency into the nation's financial system.
✅ CBDCs have the potential to help countries like 🇨🇳 shift further towards a cashless society.
✅ The Foundation's concerns center around the possibility of state control and digital citizen profiles increasing with the introduction of a digital Yuan.
✅ Critics have voiced concerns how this might impede on citizens' privacy rights and freedoms.

#HumanRightsFoundation #ChinaCBDCs #PrivacyConcerns #DigitalCurrency

How will the development and adoption of state-controlled digital currencies challenge the global paradigm of financial freedom, and what alternative solutions should be considered for maintaining privacy and rights in a digital age?

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)

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Author Public Key
npub1kalpnjxhle0wqfflw0ldy8u7uarqjms29p4mz43gktzvxywwmz8sghrdjx