Privacy

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A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

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Does GNU Taler provide all the privacy benefits of crypto without any drawbacks? (taler.net)

submitted 3 months ago by ModerateImprovement@sh.itjust.works to c/privacy@lemmy.ml

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[–] possiblylinux127@lemmy.zip 3 points 3 months ago* (last edited 3 months ago) (1 children)

The problem with crypto is that is chaotic. It also has the major downside of being very computational and requiring a ton of energy.

In contrast Taler is a payment system not a crypto. You could technically could use crypto with Taler if you wanted to. Taler has lightning fast payments which have way less overhead.

In summary I think cash and crypto are good for small transactions such as paying a friend but for big businesses and normal shopping Taler is better

[–] umami_wasbi@lemmy.ml 2 points 3 months ago* (last edited 3 months ago)

I think crypto can achieve stability, not by pegged to a fiat currency but commodity backed. There are also mechanisms and algorithms that can confirm transactions without using excessive energy, be fast, and private all in the same time. I still think crypto have a future. Yet I don't know how far that future is, but for now I will stay away from it as far as I can.