To every state thinking about getting their own digital currency: Please use this and not some crapchain bullshit!
this post was submitted on 26 Aug 2021
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Yes adoption would be good, however GNU-Taler isn't a currency. I think it is better to compare it to payment providers like Paypal or Stripe, but open-source and decentralized.
GNU-Taler isn't a currency.
Yeah that wasn't worded that good. Most countrys do already have their own currency so even if they'd use crypto-stuff that would probably be value-coupled somehow too.
Interesting tech. Didn't know this kind of thing existed.
Has been around for a few years. Probably the most exciting (& not blockchain-BS) project in the field of digital payments.
Unfortunately the hype is very limited though. I guess no one cares about good payment systems when you can't get super rich with speculation and pyramid schemes
No one cares about currencies that are deflationary in order to prop up failing corporations and states, with the exception of the failing corporations, states and thier bootlickers. payment systems are orthogonal.
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?
There needs to be a reputable/legal exchange first.
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.
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.
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.
Amazing project. I would love to see big retailers implement it