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Comment by mhitza

> Both Digital Euro and GNU Taler have the psychological burden that you have to exchange "real money" for some kind of digital "monopoly money" which can get lost with no way to re-imburse you.

With my short chat a while ago with GNU Taler's project maintainer was that for a rollout of Taler one would need an EMI (Electronic Money Issuance (?)) license. Besides the capital requirements to hold such a license there are rules to prevent/punish lack of deposit safety.

In short, it's not comparable to cryptocurrency "trust me bro" attitude, but it also makes it hard for new startups to get seed funded to start their own Taler exchange and payments integration.

parent mhitza 8 days ago

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