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

🗝️ℹ️ (Key Information)

CBDC Status: Launched

CBDC Launch: 2023-11-15

CBDC Model: Retail

CBDC Issued: n/a

Inflation Rate: 8.04%

"Central Bank Digital Currencies: A Veil for Authoritarian Control?" says Human Rights Foundation.

✅ The Human Rights Foundation reports about the growth of Central Bank Digital Currencies (CBDCs) in 🇧🇷.

✅ They voice concerns over use of CBDCs as a tool for potentially magnifying the power of authoritarian regimes.

✅ The Foundation emphasizes the need for safeguards to prevent digital currency systems from becoming a state monopoly.

✅ According to them, CBDCs could leave traces of every transaction, challenging the right to privacy.

✅ They urge the importance of preserving freedoms and argue for measures to deter possible abuse of CBDCs.

#HumanRights #DigitalCurrencies #FreedomofExpression #DataPrivacy #FinancialInclusion

How can Central Bank Digital Currencies be made more transparent, protecting privacy and preventing potential misuse? Share your thoughts!

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