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this post was submitted on 06 Aug 2024
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Privacy
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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).
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.