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There are pretty good talks from various tech conferences including CCC and FOSDEM. I heard there was a vending machine accepting GNU/Taler payments as a trial
by southerntofu 5y ago
There are pretty good talks from various tech conferences including CCC and FOSDEM. I heard there was a vending machine accepting GNU/Taler payments as a trial at one of these events.
In summary, GNU/Taler is a standard for interoperating existing currencies and banks in a privacy-friendly manner: your bank can't know who you received money from or sent money to, but can know how much you received so that you can be taxed according to local regulations. It's a bit like electronic cash if you will.
- summm 5y agoPrivacy-friendly? The surveillance-industrial complex is currently enjoying the capability to trace every digital transaction of existing payment system, including individual customers, not only merchants, as for Taler. The will put up some fight to keep it that way. Let's hope that Taler can overcome this.
- southerntofu 5y ago> The will put up some fight to keep it that way. That is sure. I'm just pointing out GNU Taler has much less weaknesses (compared to eg. Bitcoin/Zcash) to consider integrating into the current banking system, notably: trust is not distributed pseudo-randomly to whoever has the most hashing power, and income is taxable to comply with government regulations.