Re:100 million dollars to reshape the economics of the web
by IngvarLynn on Monday September 16, 2019 @08:39PM
(#20990021)
>Taler is a pure payment system, not a new crypto-currency. As such, it operates in a traditional banking context. In particular, this means that in order to receive funds via Taler, the merchant must have a regular bank account, and payments can be executed in ordinary currencies such as USD or EUR.
That implies high transaction costs to say the least.
https://taler.net