Private banks would not relinquish the power and profit they get from the need of a bank account with them in order to be able to pay electronically. In reality central banks can reliaby provide that ability to the people in their jurisdictions. But private bank interests stand in the way of that.
Taler needs buy in from banks and irrc it’s only being trialled by some Swiss banks atm.
Private banks would not relinquish the power and profit they get from the need of a bank account with them in order to be able to pay electronically. In reality central banks can reliaby provide that ability to the people in their jurisdictions. But private bank interests stand in the way of that.