On P2P payments from their FAQ: “While the payment appears to be directly between wallets, technically the operation is intermediated by the payment service provider which will typically be legally required to identify the recipient of the funds before allowing the transaction to complete.

How about, no? How about me paying €50 to my friend for fixing my bike doesn’t need to be intermediated, KYCed, and blocked if they don’t approve of it or know who the recipient is? How about it’s none of the government’s business how I split the bill at dinner with friends? This level of surveillance is madness, especially coming from an app that touts “privacy” as a feature.

GNU Taler is a trojan horse to enable CBDC adoption. They are the friendly face to an absolutely terrifying level of government control in our lives funded by the same government that tries every year to implement chat control. Imagine your least favourite political party gaining power. Now imagine they can see and control every transaction you make. No thanks.

      • Possibly linux@lemmy.zip
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        2
        ·
        edit-2
        5 months ago

        Cash is physical and can be traced. At the end of the day you need to send it or meet someone to transfer goods. That’s also why it is good for privacy as it is physical.

          • EngineerGaming@feddit.nl
            link
            fedilink
            arrow-up
            8
            ·
            5 months ago

            I guess he means the banknotes having individual numbers on them. However, that still doesn’t give full automatic traceability - between these being recorded, a lot can happen to the banknote.

            • jet@hackertalks.com
              link
              fedilink
              English
              arrow-up
              5
              ·
              5 months ago

              Agreed. You can identify cash, but it doesn’t have traceability built in. So the private transactions between two people are only identifiable if you get the cash before and after the transaction. You don’t have any idea about the intermediate path it took

              • Possibly linux@lemmy.zip
                link
                fedilink
                English
                arrow-up
                3
                ·
                5 months ago

                That’s why I like it. It still can be used to bust crime but it is to difficult to track everyone in mass.

    • kugmo
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      3
      ·
      5 months ago

      You’ll need a gun when the glowies go after you for not using Windows 12 with TPM 2.0 and latest updates applied.