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GNU Taler (a swiss FLOSS alternative to Visa, Mastercard and Paypal) begins operating in Switzerland as Version 1.0 releases (news.itsfoss.com)

submitted 6 days ago by [email protected] to c/[email protected]

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GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.

Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.

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[–] [email protected] 0 points 4 days ago* (last edited 4 days ago)

Excuse me but what did I write that's misinformation? I wasn't describing Taler, I was describing bitcoin / crypto. Nothing I said was incorrect, and I was correcting your own misinformation (Mind you it's not your fault that you were misinformed and I don't think you were doing so intentionally, it's easy to pick up misinformation about unpopular subjects because people are more likely to take facts at face value).

Regarding mixers, I have a friend in US gov that says they're not immune to targeted investigation. You can hide in them only until you catch institutional attention, wherein they have a big enough database of inputs and outputs to simply know who you are. However apparently Monero is truly a pain in their ass.

And saying "a ledger is public doesn't protect it from illicit use" is kind of silly seeing as you can use any currency for illicit use if you want. What matters is if you can be caught, and its extremely easy to be caught doing something illicit if you do it with bitcoin as the transaction history is right there in front of the world.