this post was submitted on 06 Jun 2024
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Privacy

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What a CASHLESS society REALLY means (links.hackliberty.org)
submitted 5 months ago by c0mmando@links.hackliberty.org to c/privacy@links.hackliberty.org
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[–] udon@lemmy.world 6 points 5 months ago (1 children)

Sad to see all the Monero fans and no GNU Taler fans here

[–] EmperorHenry@discuss.tchncs.de 2 points 5 months ago (1 children)

Monero is the one everyone has heard of. That fact combined with knowing its untraceable is what makes it valuable.

[–] udon@lemmy.world 3 points 5 months ago* (last edited 5 months ago)

Yeah, it's popular among the crypto folks. But GNU Taler has advantages over Monero. Buyers are also untraceable, but sellers are not. So they are taxable, which is pretty neat. The EU and Swiss governments are experimenting with it and for them the taxation part is kind of valuable.

Edit: Ah, and it also doesn't rely on a blockchain, so offline transactions are feasible etc.