• smileyhead@discuss.tchncs.de
      4·
      1 year 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
      3·
      1 year ago

      It can work in any place, as long as the sender’s and the recipient’s banks support GNU Taler. But it is not as private as monero.

        • asudox@lemmy.world
          2·
          1 year ago

          Yeah well, it functions kind of like a nornal cryptocurrency wallet. You send those GNU Taler coins to another GNU Taler wallet. These coins can be directly converted to normal currency via the bank.

            • asudox@lemmy.world
              2·
              1 year ago

              Yeah. Technically that should be possible. But why would you do that is the real question. Afaik you won’t be able to use GNU Taler without an existing backend. Your backend would be a bank and why not just withdraw coins from there. I don’t know whether you can self host the backend. There would be no reason to be afraid of the bank knowing where you send the coins to as that is pretty much hidden from the bank. I explained GNU Taler to my best abilities in this comment: https://lemmy.world/comment/10414943