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▲ andylynch 3 hours ago

This is a proposal to operate a regulated payments processor, supervised by BaFin. All the usual, necessary regulations and consumer protections will apply under German law.

▲warkdarrior 3 hours ago | parent [-]

The announcement claims a "privacy-preserving [...] payment system". Are you saying this would come in conflict with German law?

▲fsh 3 hours ago | parent | next [-]

Taler is privacy-preserving for the payer, but not for the payee. This solves many legal issues such as tax evasion and money laundering.

▲none_to_remain 3 hours ago | parent | prev | next [-]

I think it is the European sense of privacy where the government is implicitly inside everyone's trust circle.

▲abc42 3 hours ago | parent | prev [-]

I think Taler is designed to be privacy-preserving while being able to comply with national laws. So not the currency you're looking for if you wanna buy something illegal.

▲lixtra 42 minutes ago | parent [-]

Nor something that you want to remain private.