• mox@lemmy.sdf.org
    0·
    1 month ago

    GNU Taler looks interesting, but is it usable today?

    It’s apparently designed around exchanges, and I don’t see any exchanges mentioned on the site. Do any actually exist?

    The FAQ mentions depending on wire transfers, which have famously high fees that would have to be passed on to users somehow. Aggregating payments into delayed settlement transfers could mitigate that cost between high-volume organizations, but it won’t help people who just need send money to each other. (Meanwhile, ACH transfers are practically free, but I don’t know if they fit Taler’s design or plans.) Does Taler have a plan to solve this?

    • EngineerGaming@feddit.nl
      0·
      1 month ago

      I don’t quite understand how it works yet, so wonder: would it work in sanctioned locations, like how, say, Monero can?

      • smileyhead@discuss.tchncs.de
        0·
        22 days ago

        Taler is not ment to be completely censorship resistant. It takes the side of dealing with goverment, law and other things and is expected to be used in areas with working democracy.

        A private alternative to MasterCard, PayPal, Stripe, etc. not a new currency or completely different banking system. And we need it.

  • Asudox@lemmy.world
    0·
    1 month ago

    GNU Taler would be the future privacy-focused alternative if you live in europe. Only if EU sees the potential it has and decides to use it for the upcoming digital euro, that is. For now, you can either use cash irl and monero online. The privacy GNU Taler provides in an online state is between normal card payments and cash, while offline usage is close to cash.

    Digital euro: https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html

    GNU Taler: https://taler.net/en/