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.
Lol wut. Most cryptocurrencies have less privacy then tradfi. Do you even blockchain?
A State is an entity made of of many people. It will always have people trying to destroy privacy and also people trying to enhance privacy. GDPR is excellent.
Sort of, but that doesn’t really contradict what I said, because cryptocurrencies and cryptocurrency tools that enable more privacy exist and work and are used. Even ones that don’t offer the potential for pseudonymity and are functional for bypassing the arbitrary censorship/control of Visa etc, for example see recent events with CivitAI.
But this means the people trying to destroy it will win sometimes. That means it is important that systems for preserving privacy should be resilient against small victories by this faction. By design GNU Taler seems to lack the resilience against interference that is a core feature of decentralized systems which could be used in its place.