- cross-posted to:
- buyfromeu@feddit.org
- BuyFromEU@europe.pub
- cross-posted to:
- buyfromeu@feddit.org
- BuyFromEU@europe.pub
Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
Last I heard about this, they did not fully commit on a singular technical solution yet. The closest I know being NGI Taler (FLOSS, created by a Swiss company, and plans a lauch in Euro this year), but it doesn’t support offline payments yet, unlike what the digital euro’s brochures say.
Hopefully this will be resolved, but I hear this is a very polarized subject since it would remove a lot of powers from the banks (by concentrating it around the ECB), and they are lobying heavily against it, and the right wing is listening.
I do hope Taler wins, its such an interesting architecture. Its also a GNU project.
Taler is a cool and fitting name
Where did you read that Taler plans a launch in EUR this year?
There is an EU funded pilot project with a German and Hungarian bank, and at least the German bank plans to offer an public exchange for Euros very soon. Sadly they recently annonced that it will be only open to German business customers, but they plan to expand the offer to their European network or cooperative banks. Lets see.
I think Taler would be a good supplement to the digital Euro, not a competition. It would be fairly simple to integrate an Taler exchange with a digital Euro API and use Taler as a digital cash alternative that works nicely for micropayments online.