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.
You people realize that most crypto is even less private? Every transaction ever can be viewed by everyone, forever, by design.
Sure, a crypto wallet might not have your name on it when created, but good luck buying or selling any without giving away your identity.
except there are many sites dedicated to doing exactly that. you can send cash in the mail, giftcards, exchange via other cryptocurrencies, etc.
False. Use Monero.
They said most
Also I don’t have a interest in buying drugs and weapons
Ban cash when?
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.
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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.
There’s some truth to this but it’s also not really the case.
Lightning Network privacy isn’t ideal (but has improve over time), off-chain doesn’t mean private nor without anyone recording your transactions.
Yes. But the draw is that it is still leagues easier use privately than the traditional banking system. With cryptocurrency, you “only” need proper understanding of OPSEC. With banking system - you also need to break the law somewhere in the KYC process.
Monero fixes this
Monero completely removes any kind of accountability.
So does literally any good privacy tool
Great! Next they’ll say that for E2EE.
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You know GNU Taler isn’t a crypto right ? I mean it’s not a “blockchain technology” it doesn’t have a GNU token or a Taler token. It uses strong cryptography to protect the customer info while being compliant for the business. If you’re not okay, this might not fit your needs with that do business cash, XMR and maybe the Lightning Network. But GNU Taler is far better than most payment processor used by business owners privacy wise
Yes, most crypto are totally useless, for privacy or anything else other than lottery and heating the home. But why are those discussed any further than just telling not to use them?
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