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
It can work in any place, as long as the sender’s and the recipient’s banks support GNU Taler. But it is not as private as monero.
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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.
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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
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