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Why don't banks like root on Android? (lemmy.world)
submitted 7 months ago by Waffelson@lemmy.world to c/linuxmemes@lemmy.world
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[-] Mikina@programming.dev 3 points 7 months ago

Oh, I see. Oh well.

Can I send money to my friends with Taler? Taler supports push and pull payments between wallets (also known as peer-to-peer payments). 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.

[-] lemmeee@sh.itjust.works 3 points 7 months ago

Your bank already knows who you are, but with Taler you will be able to make payments using libre software and the bank won't be able to track them. I guess if you send money to a friend, their bank will know they received the transaction, but won't know who it was from. At least that's my understanding.

this post was submitted on 04 Apr 2024
1019 points (98.8% liked)

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