Impressive goals, that's for sure.
It would change banking as we know it. Sitting in the middle and siphoning off some of the flow is their game. Not to mention fees for questionable services. Which is why the banks would want to stop it.
Wish the Taler effort luck. They better have an ironclad design.
Alex
"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge."
-- Isaac Asimov