Comment on Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun

sem@piefed.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

• matlag@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  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.

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  • sem@piefed.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

    Sweet that sounds good. How do you turn actual money into GNU taler, and spend it?

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    • matlag@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

      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.

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