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Are you serious? Do you think "we should", really? Have you ever considered the problems and probably impossibility in achieving what you want?
by fiatjaf 9y ago
Are you serious? Do you think "we should", really? Have you ever considered the problems and probably impossibility in achieving what you want?
- cyphar 9y agoTFA sort of proves that it is theoretically possible. But I believe that mints in the Taler model can take a flat fee to pay for server costs and so on.
- jabot 9y agoOn the other hand, it's not like handling physical cash is free, really. Think about time spent counting, ensuring that there are no falsified notes, bringing excess notes to the bank and making sure there is change, etc. I think it is quite feasible to create an electronic payment system that has comparable overhead. Consider that there are existing electronic payment systems, e.g. electronic cash in europe, that already work and are quite secure (being smartcard-based)
- fiatjaf 9y agoI didn't say that. I've just said that it is not possible to have an "open" web payments standard. Someone has to maintain it and link it to the real world money. The only way besides having centralized for-profit organizations maintaining the payments infrastructure is to use cryptocurrencies.