this post was submitted on 26 Aug 2021
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[–] [email protected] 5 points 3 years ago (1 children)

What would it take, for a major retailer (or the like) to assume this system?

I assume that it would work for all the different coins? Right?

[–] [email protected] 1 points 3 years ago (1 children)

There needs to be a reputable/legal exchange first.

[–] [email protected] 1 points 3 years ago* (last edited 3 years ago) (1 children)

I think right now GNU-taler could be used as a cash-less payment system in festivals (once Covid-19 allows such events again). They have an easy to use cashier app where you could buy festival tokens with normal cash and then you could pay (anonymously) everywhere on the festival with a QR code and your Android smartphone.

[–] [email protected] 1 points 3 years ago (1 children)

That was also the first thing I thought of as a kind of ideal isolated and temporary test-flight. But imo taler wouldn't really have any benefit over cash in this scenario. (at least for the customers) I think the strengths lie in the ease of use for small shops (on- or offline) like (niche) hobby shops, hobby farmers, artists, FOSS Developers, etc. Bigger players would probably see adoption when there is an official exchange (lets say ECB would give out "digital eurotaler") because that would mean way lower transaction costs for them.

[–] [email protected] 2 points 3 years ago* (last edited 3 years ago)

A lot of festivals use some sort of cashless payment cards or paper tokens etc. Mainly because it is easier for the merchants to not have to deal with small change all the time. And I guess also because it makes theft by gig-employees nearly impossible.