⚠️ HRF CBDC ⛓️🪙 alert from HRF for Switzerland (04-AUG-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 2.84%

"The Human Rights Foundation warns of the potential dangers that Central Bank Digital Currencies (CBDCs) could pose to personal freedom in 🇨🇳."

✅ The Human Rights Foundation is expressing grave concerns about the development of Central Bank Digital Currencies - CBDCs in 🇨🇳.

✅ They fear these financial developments might reduce people's access to privacy and increase governmental control over transactions.

✅ The Foundation cites the potential for financial exclusion as one of the many risks posed.

✅ Activists, dissidents, and at-risk communities could be particularly vulnerable, the foundation warns.

✅ They urge global citizens to be vigilant and demand transparency in the rollout of CBDCs.

#HumanRights #FinancialFreedom #PrivacyMatters #CBDC #CentralBankDigitalCurrency}

How can we best balance the benefits of Central Bank Digital Currencies with the need to protect personal freedom, privacy, and prevent financial exclusion?

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

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