Beep@lemmus.org to Technology@lemmy.worldEnglish · 3 days agoEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comexternal-linkmessage-square266linkfedilinkarrow-up11.42Karrow-down15cross-posted to: hackernews
arrow-up11.41Karrow-down1external-linkEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comBeep@lemmus.org to Technology@lemmy.worldEnglish · 3 days agomessage-square266linkfedilinkcross-posted to: hackernews
minus-squarematlag@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 day agoA system that guarantees privacy for the consumer but transparency for the seller (to avoid tax fraud). But It’s basically a digital wallet for the consumer. If you lose control of the wallet, you lose the money on it.
minus-squaresem@piefed.blahaj.zonelinkfedilinkEnglisharrow-up1·20 hours agoSweet that sounds good. How do you turn actual money into GNU taler, and spend it?
minus-squarematlag@sh.itjust.workslinkfedilinkEnglisharrow-up2·17 hours agoIt’s still a payment system. You need banks and shops to get in. In practice, you would have to wire money from your bank account to the Taler wallet.
A system that guarantees privacy for the consumer but transparency for the seller (to avoid tax fraud). But It’s basically a digital wallet for the consumer. If you lose control of the wallet, you lose the money on it.
Sweet that sounds good. How do you turn actual money into GNU taler, and spend it?
It’s still a payment system. You need banks and shops to get in. In practice, you would have to wire money from your bank account to the Taler wallet.