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  3. GNU Taler (a swiss FLOSS alternative to Visa, Mastercard and Paypal) begins operating in Switzerland as Version 1.0 releases

GNU Taler (a swiss FLOSS alternative to Visa, Mastercard and Paypal) begins operating in Switzerland as Version 1.0 releases

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  • N [email protected]

    GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

    Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

    P This user is from outside of this forum
    P This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #2

    It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

    So I could buy a VPN with it and then order some Swedish porn (edit: life streams), and no authority would be able to track me down?

    W 1 Reply Last reply
    0
    • N [email protected]

      GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

      Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

      S This user is from outside of this forum
      S This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #3

      I hope this takes off. MasterVisa censors pornographic stuff, denying payment services for people who don't normalize their creations. On top of that, MasterVisa will likely become collaborators of the Trump Regime, tracking payments of anti-trump folks, denying service to clinics that provide healthcare to women and minorities, ect.

      Privacy is extremely important for the safety and liberty of people.

      V 1 Reply Last reply
      14
      • N [email protected]

        GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

        Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

        S This user is from outside of this forum
        S This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #4

        The ECB also wants to introduce a digital Euro. I wonder how exchanging my digital Euros to digital Swiss Francs and vise versa would work. Currently with physical cash you need to exchange your money at an intermediary. But with digital coins it’s surely possible for the national bank to handle this.

        E 1 Reply Last reply
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        • S [email protected]

          The ECB also wants to introduce a digital Euro. I wonder how exchanging my digital Euros to digital Swiss Francs and vise versa would work. Currently with physical cash you need to exchange your money at an intermediary. But with digital coins it’s surely possible for the national bank to handle this.

          E This user is from outside of this forum
          E This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #5

          If you ever paid with your card in a non-Euro country, you already did something like that.

          Revolut will on the fly convert between your currencies.

          Cyberpunk is now, old man.

          1 Reply Last reply
          1
          • S [email protected]

            I hope this takes off. MasterVisa censors pornographic stuff, denying payment services for people who don't normalize their creations. On top of that, MasterVisa will likely become collaborators of the Trump Regime, tracking payments of anti-trump folks, denying service to clinics that provide healthcare to women and minorities, ect.

            Privacy is extremely important for the safety and liberty of people.

            V This user is from outside of this forum
            V This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #6

            GNU Taler has been specifically designed to allow authorities to control (or at least monitor) the flow of money, though.

            S 1 Reply Last reply
            4
            • V [email protected]

              GNU Taler has been specifically designed to allow authorities to control (or at least monitor) the flow of money, though.

              S This user is from outside of this forum
              S This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #7

              Provided enough members of the EU don't agree about the evils of sexual preference, that is less of a problem than MasterVisa.

              Mind, I would prefer true privacy coin like Monero to become big, so that we can just have digital cash and be done with it. No gods nor kings, just us getting on with our business, whatever that may be.

              J explodicle@sh.itjust.worksE 2 Replies Last reply
              6
              • N [email protected]

                GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

                Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

                P This user is from outside of this forum
                P This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #8

                Last time i checked, users had to exchange their funds on cendral exchanges. The funds you got from exchange A can not be used on exchange B. So from my understanding, it's like you needed to use the same bank to interact (not just the same currency). How can this even be considered for adoption?

                N O 2 Replies Last reply
                4
                • P [email protected]

                  Last time i checked, users had to exchange their funds on cendral exchanges. The funds you got from exchange A can not be used on exchange B. So from my understanding, it's like you needed to use the same bank to interact (not just the same currency). How can this even be considered for adoption?

                  N This user is from outside of this forum
                  N This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #9

                  The Idea is that the central banks adopt them.

                  The same way there is obly one Euro and you can only get it from the central bank, there will only be one Euro-Taler from the european central bank, one Frank-Taler from the swiss national bank etc

                  P 1 Reply Last reply
                  6
                  • S [email protected]

                    Provided enough members of the EU don't agree about the evils of sexual preference, that is less of a problem than MasterVisa.

                    Mind, I would prefer true privacy coin like Monero to become big, so that we can just have digital cash and be done with it. No gods nor kings, just us getting on with our business, whatever that may be.

                    J This user is from outside of this forum
                    J This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #10

                    Does it costs a lot to send somebody monero coins?

                    W 1 Reply Last reply
                    0
                    • J [email protected]

                      Does it costs a lot to send somebody monero coins?

                      W This user is from outside of this forum
                      W This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #11

                      monero's transaction fees are very low. I don't know the exact numbers but for most transactions with normal priority it's fraction of a dollar (but it depends on the transaction size, as in data size, which basically depends on how many small "outputs" are you paying with). even if the transaction trafficgets higher because of increased usage, the system balances itself so that fees don't get enormous.

                      a major pain point though is that transactions are taken for granted only after ~10 minutes. this is a security measure, not actually defined by minutes but by number of confirmations

                      1 Reply Last reply
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                      • P [email protected]

                        It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

                        So I could buy a VPN with it and then order some Swedish porn (edit: life streams), and no authority would be able to track me down?

                        W This user is from outside of this forum
                        W This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #12

                        afaik you don't even need a VPN because communication happens through gnunet, which is somewhat like I2P and Tor

                        1 Reply Last reply
                        1
                        • S [email protected]

                          Provided enough members of the EU don't agree about the evils of sexual preference, that is less of a problem than MasterVisa.

                          Mind, I would prefer true privacy coin like Monero to become big, so that we can just have digital cash and be done with it. No gods nor kings, just us getting on with our business, whatever that may be.

                          explodicle@sh.itjust.worksE This user is from outside of this forum
                          explodicle@sh.itjust.worksE This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #13

                          If a true privacy coin ever has a bug like Bitcoin's "value overflow incident", then we won't be able to detect it.

                          1 Reply Last reply
                          4
                          • N [email protected]

                            GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

                            Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

                            blujan@sopuli.xyzB This user is from outside of this forum
                            blujan@sopuli.xyzB This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #14

                            taler://pay-push/exchange.demo.taler.net/ZXHDJF9DHN97DBZCR8CABC838ZHR3C6M55JRCR9M00GZM5SEZ9EG

                            For whoever is testing taler

                            1 Reply Last reply
                            2
                            • N [email protected]

                              GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

                              Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

                              S This user is from outside of this forum
                              S This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #15

                              Awesome!

                              1 Reply Last reply
                              2
                              • P [email protected]

                                Last time i checked, users had to exchange their funds on cendral exchanges. The funds you got from exchange A can not be used on exchange B. So from my understanding, it's like you needed to use the same bank to interact (not just the same currency). How can this even be considered for adoption?

                                O This user is from outside of this forum
                                O This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #16

                                When the alternative is using digital payment methods from a fascist country?

                                A bunch of not-ideal products are about to get adopted by other countries and then are about to gain all of the features that the U.S. monopolies always fought against.

                                1 Reply Last reply
                                5
                                • N [email protected]

                                  The Idea is that the central banks adopt them.

                                  The same way there is obly one Euro and you can only get it from the central bank, there will only be one Euro-Taler from the european central bank, one Frank-Taler from the swiss national bank etc

                                  P This user is from outside of this forum
                                  P This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by [email protected]
                                  #17

                                  The european central bank does not run an exchange at the moment. That means that all the other european banks and all european Taller users will need to switch eventually?

                                  And what about transactions in foreign currencies? I guess we would need a central private party for that, similar to visa.

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