A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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Its closer than you think: GNU Taler is exactly that and they just announced that they will do a pilot with a German and an Hungarian coop bank.
https://taler.net/en/news/2024-02.html
I’m migrating to germany.
I do not get it! It sounds more like another crypto that a fiat payment system! Bother sender and receiver need Taler making it very un - interoperable. They also love stating that the receiver can be taxed. Lame!
No it has nothing to do with crypto currencies.
Its a payment system like credit cards or google pay, which also needs support on both sides.
And for it to ever get regulatory approval to work with existing banks and fiat currencies it will need to have some sort of seller transparency (i.e. tax transparency). But this is a big step forward for a digital payment system to have cash like buyer privacy, which no other digital payment system currently has (arguably not even crypto currencies).
Ok. I was reading about its Kudos Coin - but it seems that this is just a monopoly/play test currency for the system. The constant sycophantic notices about tax evasion etc are still lame! Hopefully it takes off but if I had to bet I would do so for it failing.
It’s an uphill battle, but GNU Taler is by far the best chance we have in over a decade, so it’s important to support it if possible.