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It's the complete opposite. Taler wants to make decentralized transactions while keeping accountability and transparency. The idea of Taler is to have a system
by rglullis 4y ago
It's the complete opposite. Taler wants to make decentralized transactions while keeping accountability and transparency. The idea of Taler is to have a system where buyers and sellers can have their data report to the authorities (at least what is needed for tax/compliance reasons) completely automatically.
- doorman2 4y agoYou could do that with Monero as well. Ultimately, you would use a taxable system because you’re honest and want to pay taxes. So nothing about using Monero prevents the parties from reporting their transactions to tax authorities. Just as nothing prevents merchants from reporting their cash transactions.
- luckylion 4y agoIf I understand correctly, only the recipient will be known, the sender will remain anonymous. Did I misunderstood the way it's supposed to work?
- rglullis 4y agoYes, the sender is anonymous to the recipient, but the sender can still provide proof that the payment has been made.