⚠️ HRF CBDC ⛓️🪙 alert from HRF for India (17-AUG-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Launched

CBDC Launch: 2022-11-01

CBDC Model: Retail

CBDC Issued: n/a

Inflation Rate: 6.7%

"Central Bank Digital Currencies (CBDCs) development triggers concerns for human rights in 🇨🇳 China."

✅ Human Rights Foundation raises alarm over China's advancement of CBDCs.

✅ Concerns are centered on increased surveillance and decreased financial privacy.

✅ The state has more control over transactions, potentially infringing on financial freedom.

✅ There's also fear that China's CBDC model could set a global precedent, threatening human rights worldwide.

#HumanRights #FinancialFreedom #CBDC #China

Considering the human rights concerns around CBDCs in 🇨🇳 China, how can the world ensure financial privacy and freedom while also embracing this digital revolution?

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