Ghost Pepper is a free and open-source speech-to-text application for macOS that runs entirely on the user's device, with no data sent to the cloud. It uses local voice models and supports features like hold-to-talk and meeting transcription. The app is designed to be private and secure, with optional cloud features that can be enabled with the user's own API keys. Ghost Pepper is built using open-source models and is available for download or can be built from source.