A bit hyperbole headline, but good to hear that GNU Taler got some NGI funding.
Das neue EU-Projekt NGI TALER soll private und sichere Online-Zahlungen in der Eurozone ermöglichen.
Die Organisationen GNUnet e.V. und Taler Systems SA geben die Gründung eines europäischen Projekts bekannt, das für die nächsten 36 Monate laufen wird. Dieses Internet-Pilotprojekt der nächsten Generation mit dem Namen “NGI TALER” wird von einem Konsortium aus 11 Partnern aus 8 europäischen Ländern betrieben und hat den Auftrag, ein innovatives elektronisches Zahlungssystem zum Nutzen der europäischen Bürger, Händler und Banken einzuführen.
https://gnulinux.ch/gnu-taler-organisiert-sich#comments
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Taler in the Fedi:
https://ich.taler.net/t/go-taler-taler-on-the-fediverse/59Love GNU software stack, but they’re about 15 years too late on this one.
Bitcoin can:
- Transfer internationally or across the room
- Confirms in less than one second (with Bitcoin lightning, otherwise can take a few minutes but still much faster than most banks, especially internationally)
- Pay less than one cent in fees per transfer (with Bitcoin lightning, otherwise cents to dollars on main chain)
- No middlemen
- Operate with 24/7 uptime, 365 days a year without single protocol breaking hack because it’s some of the most widely reviewed code on the planet.
- Entirely open source software and protocol
- Is available to anybody with a network connection and a cell phone regardless of whether or not they have access to safe, stable banking infrastructure, which billions, with a B, do not. No barriers, no credit requirements, no nonsense.
- Has been doing this for 15 years running.
- Can’t be printed at the whim of politicians and governments. Has a fixed supply which means as the Bitcoin economy grows, all who have Bitcoin benefit, not just those in charge of monetary policy and whomever they decide to pass the benefits onto. Nobody can split your BTC in half and give the other half to somebody else, which is exactly how supply inflation works.
- Using <1% of global electricity, often from renewable resources as renewable and over-produced electricity tends to be the cheapest
Each year it gets easier to use, gains more users, increases market cap, and generally adoption continues to grow.
Bitcoin is an entirely different thing, it’s really comparing apples with oranges.
It’s a medium to transfer funds from one place to another. It’s solving the same problem a different way.
No, you misunderstood what GNU Taler is.
It is a digital cash standard for existing currencies and banks. It’s not even the same category as Bitcoin.
It’s like using a credit card to pay for a drink vs doing a gold transfer.
Taler is anonymous to payer where Bitcoin transations are public, not wasteful for electrical power (https://digiconomist.net/bitcoin-energy-consumption), almost instant and currency agnostic. Taler could also do BTC payments too.
