{{ _("Advantages for governments") }}
+ +{{ _("Taxable") }}
+ +{{ _("Taler is an electronic payment system that was built with the goal of supporting taxation. + With Taler, the receiver of any form of payment is known, and the payment information comes + attached with some details about what the payment was made for (but not the identity of the customer). Thus, governments can use this + data to tax buisnesses and individuals based on their income, making tax evasion and + black markets less viable.") }}
+{{ _("Secure") }}
+ +{{ _("Taler's payments are cryptographically secured. Thus, customers, merchants and + the exchange can mathematically demonstrate their lawful behavior in court in case + of disputes. Financial damages are strictly limited, improving economic security + for individuals, merchants, the exchange and the state. Most importantly, an + independent auditor can ensure that there is no "bad exchange" + within the Taler system who might threaten the economy due to fraud.") }}
+{{ _("Libre") }}
+ +{{ _("Taler is free software implementing an open protocol standard. Thus, Taler will + enable competition and avoid the monopolization of payment systems that threatens + global political and financial stability today.") }}
+{{ _("Efficient") }}
+ +{{ _("Taler is designed to be efficient. Unlike timeline-based payment systems like + BitCoin, Taler will not threaten the availability of national electric grids or + (significantly) contribute to environmental pollution.") }}
+{{ _("Taler as seen by governments") }}
+ +{{ _("Governments can observe traditional wire + transfers entering and leaving the Taler system, and + require merchants and exchange operators to provide certain + information during financial audits. Exchange operators + are expected to be permanently checked by auditors, + while merchants may be required to reveal information + during regular tax audits. + Information available to the government includes: + ") }}
+
+ 
+
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+
- {{ _("From the banking system: + The total amount of digital currency + obtained by a customer. The government could impose + limits on how many digital coins a customer may + withdraw within a given timeframe.") }} + +
- {{ _("From the banking system: + The total amount of income received + by any merchant via the Taler system.") }} + +
- {{ _("From auditing the exchange: + The amounts of digital coins legitimately withdrawn by + customers from the exchange, the value of non-redeemed digital coins + in customer's wallets, the value and corresponding wire details + of deposit operations performed by merchants with the exchange, and + the income of the exchange from transaction fees.") }} + +
- {{ _("From auditing merchants: + For each deposit operation, the exact details of the + underlying contract that was signed between + customer and merchant. However, this information would + typically not include the identity of the customer. + Note that while the customer can decide to prove that it was his + transaction (i.e. in court when suing the merchant if the + merchant failed to deliver on the contract), + merchant, exchange and government cannot find out the customer's + identity from the information that Taler collects.") }} +