this post was submitted on 25 May 2025
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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] 10 points 1 week ago

So underrated, Foss could burn down Visa and all it would take is Amazon or Google to champion it. % of every transaction would be saved.

Imagine if credit card fraud was actually not easy, and more importantly your spending habits were not trackable. So much targeted adverts would just die off.