Buy European
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European Instances
Lemmy:
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๐ง๐ช Belgium: https://0d.gs/
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Matrix:
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๐ฌ๐ง UK: matrix.org & glasgow.social
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๐ซ๐ท France: tendomium & imagisphe.re & hadoly.fr
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๐ฉ๐ช Germany: tchncs.de, catgirl.cloud, pub.solar, yatrix.org, digitalprivacy.diy, oblak.be, nope.chat, envs.net, hot-chilli.im, synod.im & rollenspiel.chat
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๐ณ๐ฑ Netherlands: bark.lgbt
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๐ซ๐ฎ Finland: pikaviestin.fi
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view the rest of the comments
How will that company make money? What's their game plan?
It doesn't want to. The Taler is a project by the university in Bern and the FOSS Group GNU to make a new, independent, free currency that is run by your national bank (or central bank in case you use the Euro) and independent from any corporations like banks, credit cards or payment providers like Paypal. Its purpose is to remove companies that make money from transactions from the circle.
The company here only wants to serve as a proof of concept that the Taler can work to get the swiss national bank to adopt it themselves. Their whole goal is to make themselves obsolete and not to make any money.
Hope that clears it up ^^
Currency? I thought it was a payments handler to rival Visa and MasterCard.
1 Taler is always 1 CHF, no matter what happens. So it isn't its own currency, but the Taler is a digital version/representation of the Frank you put in. Also it's more similar to a digital cash wallet than a payment handler, but it's definitely a rival to Visa and Mastercard.
https://exchange.taler-ops.ch/terms
However, I think it's important to point out that this is for GNU Taler. Check out the website of the project. They are part of the GNU project for the GNU operating system which is very big on the four freedoms and all that. If they are the major beneficiary of this and make millions or billions, it's one the best places money could possibly go. My hope is that it could be used for open-source, open-hardware, and open everything, basically. Imagine an opensource bank and what they would invest in. I'd much rather money go to such a bank than traditional banks.
People are fundamentally flawed and there will be missteps, but I'm convinced that if this works, the missteps would be nowhere as big as those that GAFAM and traditional banks make.
Anti Commercial-AI license
Taler Ops doesn't actually want to make money, those fees are only there to cover the cost of running the operation.
I alread explained it to u/platonicacid further up, so i'm just going to copy that comment:
It doesnโt want to. The Taler is a project by the university in Bern and the FOSS Group GNU to make a new, independent, free currency that is run by your national bank (or central bank in case you use the Euro) and independent from any corporations like banks, credit cards or payment providers like Paypal. Its purpose is to remove companies that make money from transactions from the circle.
The company here only wants to serve as a proof of concept that the Taler can work to get the swiss national bank to adopt it themselves. Their whole goal is to make themselves obsolete and not to make any money.
Hope that clears it up ^^
Ah, so they hold my funds for ransom in their wallet. Got it.
Are you aware of what traditional banks do? Are you sceptical of them too?
Anti Commercial-AI license
Of course. Of course.
Government contract it appears
Copying the comment I left further up with u/plutonicacid because I'ml lazy
It doesnโt want to. The Taler is a project by the university in Bern and the FOSS Group GNU to make a new, independent, free currency that is run by your national bank (or central bank in case you use the Euro) and independent from any corporations like banks, credit cards or payment providers like Paypal. Its purpose is to remove companies that make money from transactions from the circle.
The company here only wants to serve as a proof of concept that the Taler can work to get the swiss national bank to adopt it themselves. Their whole goal is to make themselves obsolete and not to make any money.
Hope that clears it up ^^