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dwedgetoday at 4:21 PM1 replyview on HN

I'd never heard of GNU Taler but the FAQ left me even more confused.

> Can I send money to my friends with Taler? Taler supports push and pull payments between wallets (also known as peer-to-peer payments). While the payment appears to be directly between wallets, technically the operation is intermediated by the payment service provider which will typically be legally required to identify the recipient of the funds before allowing the transaction to complete.

Also the funds have an expiration date (forced spending). Who is this for? My naive read seems like it has all the downsides of bitcoin and more with none of its upsides


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PhilipRomantoday at 5:27 PM

The doc won't point it out explicitly and I apologize if my explanation offends anybody, but the intention is basically leftist, state-friendly bitcoin. The authors took a look at the anarchy of real cryptocurrencies and realized they don't actually like anarchy, so instead they want to make something "wholesome" that governments would be willing to go along with (since they can tax it).

They are funded by EU and banks in an attempt to claw back some market share from cryptocurrencies which are slowly getting banned.

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