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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Venmo/ Paypal Alternatives (kbin.run)

submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

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I've long been annoyed that everyone, including myself uses Paypal/ Venmo for moving money around. What alternatives do you find useful? Here's a list (https://alternativeto.net/software/venmo/). GNU Taler looks viable (https://taler.net/en/index.html). I would love to have your thoughts!

Edit: Thanks for everyone's input. I really appreciate it. <3

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[–] [email protected] 2 points 5 months ago* (last edited 5 months ago) (1 children)

Yeah well, it functions kind of like a nornal cryptocurrency wallet. You send those GNU Taler coins to another GNU Taler wallet. These coins can be directly converted to normal currency via the bank.

[–] [email protected] 2 points 5 months ago (1 children)

So technically, you could buy it from a random KYCless seller like you can Monero too?

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago) (1 children)

Yeah. Technically that should be possible. But why would you do that is the real question. Afaik you won't be able to use GNU Taler without an existing backend. Your backend would be a bank and why not just withdraw coins from there. I don't know whether you can self host the backend. There would be no reason to be afraid of the bank knowing where you send the coins to as that is pretty much hidden from the bank. I explained GNU Taler to my best abilities in this comment: https://lemmy.world/comment/10414943

[–] [email protected] 2 points 5 months ago

Why would I do that? Maybe if my bank doesn't want to support a private currency like that. Or if they're a legal gray area like crypto now is, so while it is semi-legal now, might change in the future.