Awesome!
this post was submitted on 24 May 2025
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taler://pay-push/exchange.demo.taler.net/ZXHDJF9DHN97DBZCR8CABC838ZHR3C6M55JRCR9M00GZM5SEZ9EG
For whoever is testing taler
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?
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.
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
someone quickly send me β¬ 10 Mil. I wanna see if itβs working π
sure
taler://pay-push/exchange.demo.taler.net/7VJWX736EABRDZ4X84B29QM6M1CZV6CTKQGSX3X57FAG03PZQ8S0
it worked, ty! π
It is working (I didn't hit Receive so they can get it). Here's about tree fiddy for you neons
Tree(50)? I guess Inflation has gotten really bad if people are using the tree function to measure currency.
It's a compact notation, but making change takes way too long.
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.
GNU Taler has been specifically designed to allow authorities to control (or at least monitor) the flow of money, though.
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.
If a true privacy coin ever has a bug like Bitcoin's "value overflow incident", then we won't be able to detect it.
Does it costs a lot to send somebody monero coins?
No idea, but I really ought to try out the ecosystem sometime.
I was waiting for speculation shit like the monkeys to die, and for genuine cryptographic currency to be used for real-world stuff. We will find out whether Monero and other privacy coins are worthwhile in the next couple of years, I suspect.
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
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 itβs surely possible for the national bank to handle this.
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 on the fly.
Cyberpunk is now, old man.
That is still a corporate intermediary who does the conversion young man. And they are converting your digital money that is stored at the corporate private bank.
Digital currency is going to be the equivalent of cash. Digital money that is stored on your phone and is minted by the national bank like cash. Not the same as your money at the bank.
It is very easy lol but it's likely Mastercard/Visa doing the conversion (taking ~ 0.5% each time), exactly what we want to avoid :P
Is there some sort of an overview of all the components that are required for the whole system to work? Are there opportunities for new PSPs to emerge and try to topple the existing ones with better and cheaper service?
https://www.taler.net/en/docs.html
If you want to exchange official fiat currencies you need something that libeufin can talk to via the standartized banking api. Everything else is included in Taler and ready to be used with unofficial regional currencies for example.
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?
afaik you don't even need a VPN because communication happens through gnunet, which is somewhat like I2P and Tor
Basically yes, but the seller needs to register a business account with a Swedish Taler bank exchange, and if that bank figures out that the seller is breaking Swedish law they can terminate that account.
Why would anyone want to track you down for watching porn?
Ask the Swedes, they're the ones being weird about it
In Sweden you can buy porn but you are not allowed to buy life streams and tell actors what to do to prevent abuse of power imbalances.
Stupid law. The performer can simply not do what they don't wish, in the safety and comfort of their own home. Nothing anyone can do about it. It doesn't get much safer than this.
That seems like a reasonable law.
That depends on whether you believe that a ban leads to an overall reduction of such problematic imbalances, rather than just shifting shifting the whole industry into illegal markets that are unregulated and hidden, where they might actually get amplified. By banning it you are also giving up your opportunity to regulate.
Prostitution presents a similar dilemma, which countries handle in various ways. Some ban it completely, others like sweden have the "nordic/swedish" model where only the buyer gets penalized, and in some contries like Germany it is legal (either with or without additional regulations in place). Based on a brief search i think it's still up for debate whether the nordic model has the desired effects, with the opaqure nature of illegal markets making it hard to properly study the subject.
Does it though?
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Haaaave you met Baptists?
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