this post was submitted on 11 May 2025
94 points (100.0% liked)

Free and Open Source Software

19581 readers
61 users here now

If it's free and open source and it's also software, it can be discussed here. Subcommunity of Technology.


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
 

GNU Taler is a Free Software payment system that preserves the privacy of payers while ensuring that income is visible to authorities.

you are viewing a single comment's thread
view the rest of the comments
[–] krolden@lemmy.ml 8 points 2 months ago (5 children)

I think the whole point is that you're not supposed to keep your money in your taler wallet for an extended period. Its mostly a way to facilitate payment between different crypto/currencies

[–] BeliefPropagator@discuss.tchncs.de 12 points 2 months ago (4 children)

To maintain the anonymity goal you still want to obtain Talers in advance (otherwise you'd open yourself up to timing correlation) - so they will have to be in the wallet for some non-negligible duration.

Regardless of expiration that also means the device holding the secrets to use the Talers can be lost in that time, so you need some e.g. encrypted cloud backup to restore from. Since people are terrible at printing out recovery codes, you can either have key escrow (leading to a compromise of the anonymity properties), or you accept that some people will lose their money for reasons they will not understand.

Regardless, I would much prefer Taler as a CBDC to whatever permissioned Blockchain garbage the Big4 consulting companies will come up with.

[–] poVoq@slrpnk.net 7 points 2 months ago* (last edited 2 months ago) (2 children)

Taler is not a store of value. Exchanging some Taler is like going to the ATM and withdrawing some cash to put in your wallet.

[–] BeliefPropagator@discuss.tchncs.de 3 points 2 months ago (1 children)
[–] poVoq@slrpnk.net 4 points 2 months ago

Yes, like cash.

load more comments (1 replies)
load more comments (1 replies)