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Sheesh, that would boost “economy” to no ends, all billionaires would salvate at the thought of the plebs having expiring currency, it would be impossible to boycott
That would indeed be strange. I hadn’t read anything about it before, but I hadn’t really looked into GNU Taler yet either. It just sounds promising to me because it’s FOSS and aims to break the monopoly of payment service providers so we can finally get away from US companies.
I’m not sure that’s Taler’s goal really. Ultimately if you don’t want to use Visa or MasterCard you already can, through instant SCT for example. IIRC that is mandatory to be supported by all banks soon. This does require a SWIFT connection, but I don’t think getting an alternative for that is on the cards anytime soon.
Taler is still a cool project though, and I’m interested to see where it goes next. IIRC it’s main advantage is privacy, though I wonder how certain KYC/money-laundering checks are supposed to happen.
IIRC it had a weird sort of quirk where funds inside your wallet can “expire”, which is a bit of a hard sell imo.
Sheesh, that would boost “economy” to no ends, all billionaires would salvate at the thought of the plebs having expiring currency, it would be impossible to boycott
That would indeed be strange. I hadn’t read anything about it before, but I hadn’t really looked into GNU Taler yet either. It just sounds promising to me because it’s FOSS and aims to break the monopoly of payment service providers so we can finally get away from US companies.
I’m not sure that’s Taler’s goal really. Ultimately if you don’t want to use Visa or MasterCard you already can, through instant SCT for example. IIRC that is mandatory to be supported by all banks soon. This does require a SWIFT connection, but I don’t think getting an alternative for that is on the cards anytime soon.
Taler is still a cool project though, and I’m interested to see where it goes next. IIRC it’s main advantage is privacy, though I wonder how certain KYC/money-laundering checks are supposed to happen.