This is a weak point of GNU Taler. I assume one will need to have a bank license to run GNU Taler instance. And banks will not be very motivated. We can dispute how GNU Taler can be better (or not) than crypto, but it is pure theoretical now.
The problem with crypto is that is chaotic. It also has the major downside of being very computational and requiring a ton of energy.
In contrast Taler is a payment system not a crypto. You could technically could use it with Taler if you wanted to. It also has lightning fast payments which have way less overhead.
In summary I think cash and crypto are good for small transactions such as paying a friend but for big businesses and normal shopping Taler is better
I think crypto can achieve stability, not by pegged to a fiat currency but commodity backed. There are also mechanisms and algorithms that can confirm transactions without using excessive energy, be fast, and private all in the same time. I still think crypto have a future. Yet I don’t know how far that future is, but for now I will stay away from it as far as I can.
No as it’s not point to point. Taler is designed such that the recipient is known, for tax purposes they clam.
This is a weak point of GNU Taler. I assume one will need to have a bank license to run GNU Taler instance. And banks will not be very motivated. We can dispute how GNU Taler can be better (or not) than crypto, but it is pure theoretical now.
The problem with crypto is that is chaotic. It also has the major downside of being very computational and requiring a ton of energy.
In contrast Taler is a payment system not a crypto. You could technically could use it with Taler if you wanted to. It also has lightning fast payments which have way less overhead.
In summary I think cash and crypto are good for small transactions such as paying a friend but for big businesses and normal shopping Taler is better
I think crypto can achieve stability, not by pegged to a fiat currency but commodity backed. There are also mechanisms and algorithms that can confirm transactions without using excessive energy, be fast, and private all in the same time. I still think crypto have a future. Yet I don’t know how far that future is, but for now I will stay away from it as far as I can.
So it is a card replacement while crypto is more akin to a cash analog. If the two coexist in the digital world, that would be awesome.
May keep cash around as well
YES. In the physical world, no digital tech would be as accessible, easy to use and hard to surveil.