I do like the idea of complete transactional privacy between end users and/or merchants. But we already have this today with CryptoNote based cryptocurrencies like Monero - with optional transparency through "view keys".
I do like the idea of complete transactional privacy between end users and/or merchants. But we already have this today with CryptoNote based cryptocurrencies like Monero - with optional transparency through "view keys".
Bitcoin and others will never succeed because they are too friendly towards illicit behaviour. Taler seems to strike a genuinely interesting and ethical balance here.
The idea that this sort of activity is able to be decoupled from surveillance is one of the more unfortunate delusions in politics.
That said, I do agree that governments care about the contents of the purchase; around here, all sales must be invoiced with certified software, and a copy of all invoices issued must be delivered monthly to the IRS by businesses. As the buyer, you can opt to remain anonymous, but they're trying to push people into not doing so.
Is cash also unethical because the government doesn't have absolute surveillance on cash spending?
What the project claims is a "liberal" tool can very easily become a very unethical tool of oppression.
I doubt various governments can do a whole lot about it, which means it's likely to succeed eventually.
Bitcoin will never (fully) succeed because it's too complex for the general public.
http://radar.oreilly.com/2015/01/blockchain-scalability.html
Empowering governments with additional taxation tools is about the only thing this brings to the table over existing technologies.
I'm of the complete opposite opinion, and am also completely against government due to my ideology.
Basically, while we have a government, I expect them to do their job and to employ any means necessary to do so. We currently task them with keeping us safe, to solving crimes when they do happen, and to enforce the laws we have supposedly all agreed on.
Obviously we have to keep government from doing bad things while in the service of the tasks assigned to it. E.g. unjustified violence of any form.