⚠️ HRF CBDC ⛓️🪙 alert from HRF for Latvia (14-SEP-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Research

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 17.31%

The Human Rights Foundation pinpoints certain concerns in relation to 🇨🇳's development of Central Bank Digital Currencies (CBDCs).

✅ The Human Rights Foundation indicates that 🇨🇳's government is steadily progressing in the field of Central Bank Digital Currencies (CBDCs).

✅ Nevertheless, the foundation raises issues over the potential misuse of this technology by the authorities, given their past actions and attitudes towards privacy and civil liberties.

✅ With CBDCs, it's predicted that the 🇨🇳 government could gain further control over citizen's economic lives, thus pushing the boundaries of personal privacy to possibly unseen levels.

✅ The Human Rights Foundation calls for close scrutiny and critical analysis of the development and potential deployment of 🇨🇳's CBDCs.

#HumanRightsFoundation #CBDCs #PrivacyConcerns #EconomicControl

What checks and balances do you think are necessary to ensure that CBDCs don't infringe on individual liberty and financial privacy? 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

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