this post was submitted on 07 Jul 2024
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Privacy

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On P2P payments from their FAQ: "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."

How about, no? How about me paying €50 to my friend for fixing my bike doesn’t need to be intermediated, KYCed, and blocked if they don't approve of it or know who the recipient is? How about it’s none of the government’s business how I split the bill at dinner with friends? This level of surveillance is madness, especially coming from an app that touts "privacy" as a feature.

GNU Taler is a trojan horse to enable CBDC adoption. They are the friendly face to an absolutely terrifying level of government control in our lives funded by the same government that tries every year to implement chat control. Imagine your least favourite political party gaining power. Now imagine they can see and control every transaction you make. No thanks.

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[–] [email protected] 35 points 4 months ago* (last edited 4 months ago) (22 children)

You people realize that most crypto is even less private? Every transaction ever can be viewed by everyone, forever, by design.

Sure, a crypto wallet might not have your name on it when created, but good luck buying or selling any without giving away your identity.

[–] [email protected] 16 points 4 months ago (6 children)
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