• jetA
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      5 months ago

      We have a fight about Taler every few weeks.

      I’ll summarize:

      Positives

      • Centralized, no bad people doing bad things
      • Fast, because its centralized
      • Doesn’t use proof of work, because its centralized
      • No currency conversion, because its centralized it can stay in Fiat

      Cons

      • Centralized, if the central authority thinks you or your business is bad your shit out of luck
      • Discoverable, the Central authority has all the information to deconstruct all activity (yes they do, no really, they do)
      • Not actually private
      • A solution looking for a problem

      Fight amongst yourselves repeating the above points.

      If you care about privacy you will use Monero, if you care about centralization you will use whatever your local bank transfer system is.

      • poVoq@slrpnk.net
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        5 months ago

        Taler is not centralised. I think you are thinking of CBDC?

        Taler could be described as semi-centralized at best. You are free to chose your exchange and you can easily use multiple the same time. It really isn’t that different to crypto-currencies in that regard if you consider the need of fiat exchanges for real world use there as well.

        • jetA
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          5 months ago

          Sure, I agree with that…

          Taler is like a decentralized protocol where every transaction has to be tied to a fully KYCed CEX. (Know your customer, central exchange/bank).

          • poVoq@slrpnk.net
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            5 months ago

            That’s not quite how Taler works. Yes, the exchange will know when you generate Taker tokens from fiat, but that is similar to going to an ATM and getting cash. Afterwards the exchange has no means to track what you spend the tokens on.

      • FaceDeer@fedia.io
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        5 months ago

        I should note, there are cryptocurrencies that also don’t use proof of work. Ethereum, the second-largest, switched away from proof of work two and a half years ago.

    • ExtremeDullard@lemmy.sdf.org
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      5 months ago

      The problem with pulling Betteridge is that this isn’t a headline: this is one person asking a genuine question in a Lemmy community.

      • jetA
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        5 months ago

        They are not asking a genuine question, 27 day old account, 310 POSTS (not comments) in 27 days.

        Its a headline

          • jetA
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            5 months ago

            I’m not trolling, but you do post 15-20 times per day, your basically an engagement bot. Your comment here has nothing to do with the subject of the post, as an example, its just a meta comment on identifying your behavior.

            We have talked about taler before, and the discussion gets heated, so its good engagement bait.

            So yes, your headline post title is a headline, and the headline rule of thumb applies.

            • ModerateImprovement@sh.itjust.worksOP
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              5 months ago

              So if I find this place dead with no posts daily, what should I do? I post here hoping that people will start making this place active.

              I did not search for taler here because my lemmy android client does not support searching in a specific community.

              But I am not willing to spend time arguing with you in the comments.

              Believe in what you want.

              • jetA
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                5 months ago

                post what you like, engagement is fine, i’d just hope you would have something to say about Taler in the comments.