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by limmeau 3919 days ago
This sounds a lot like David Chaum's eCash of the 90s. You transfer ordinary money into a Taler account in a Taler bank and transfer them to other Taler accounts, and from there to ordinary money. That's unlike Bitcoin in pretty much every respect.

It takes some courage to make a crypto-payment protocol explicitly taxation-friendly, but they claim the tax man only gets to see the amounts, not the identities. What a pity the design doc isn't yet on their website.

And I hope the eCash patents have expired...

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