I just learnt that the #BrazilianCentralBank decided to start an open beta version of an #Ethereum-based #CBDC under the name #RealDigital.

Right now this is basically a testnet with fake data but you do need to sign some paperwork in order to participate. I haven't read it yet but I assume it's just a contract saying you commit to running a full node for x months.

For anyone curious, the onboarding process is explained here: https://github.com/bacen/pilotord-kit-onboarding (in Portuguese)

And yes! Our Central Bank does have a #github account.

I'm in a state of partial shock and disbelief. This whole thing feels like a mix of #SiliconValley wastefullness and cryptobroism with that #Chinese infamy for controlling its economy.

I do expect our government to reintroduce a #FinancialTransactionsTax (similar to the old CPMF) in the coming years.

But I doubt they will do it without first getting rid of large cash transactions.

GitHub - bacen/pilotord-kit-onboarding: Documentação e arquivos de configuração para participação no Piloto do Real Digital

Documentação e arquivos de configuração para participação no Piloto do Real Digital - GitHub - bacen/pilotord-kit-onboarding: Documentação e arquivos de configuração para participação no Piloto do ...

GitHub

Kenya's President @WilliamsRuto is right, there is an urgent need to find concrete funding to fight climate change.

A very good meeting this morning with šŸ‡°šŸ‡Ŗ Ambassador to the EU to talk about the #FinancialTransactionsTax that the European Parliament is calling for.

šŸ¦šŸ”—: https://n.respublicae.eu/larrouturou/status/1646882433680257025