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Comment by grothoff

16 hours ago

You need to read more carefully. "Cash-like tokens in your wallet under self-custody." would be correct. Taler has no accounts.

I would expect that, just like other cryptocurrency, "cloud wallets" will manage the tokens themselves for most people, who will gladly give up decentralization for the tiniest bit of convenience

  • Which is still better than the status quo where only licensed banks can hold digital money for you. I'm fine with everyone having the choice of custodian as long as I can implement a wallet from the open specifications myself.

    • Licensed banks aren't getting pillaged by cyber criminals though, I'm tech literate and mindful of my security and yet my 3 bitcoins were stolen from Mt Gox. People buy hardware ledgers to create a higher sense of security then those get hacked. The money in my bank so far has never been touched without me having to think about it at all.