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NGI TALER will bring private and secure online payments to the Eurozone (taler.net)

submitted 9 months ago by poVoq to c/opensource@lemmy.ml

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A bit hyperbole headline, but good to hear that GNU Taler got some NGI funding.

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[–] makeasnek@lemmy.ml -1 points 9 months ago (2 children)

It's a medium to transfer funds from one place to another. It's solving the same problem a different way.

[–] poVoq 3 points 9 months ago

No, you misunderstood what GNU Taler is.

It is a digital cash standard for existing currencies and banks. It's not even the same category as Bitcoin.

[–] smileyhead@discuss.tchncs.de 0 points 9 months ago

It's like using a credit card to pay for a drink vs doing a gold transfer.

Taler is anonymous to payer where Bitcoin transations are public, not wasteful for electrical power (https://digiconomist.net/bitcoin-energy-consumption), almost instant and currency agnostic. Taler could also do BTC payments too.