alt Hacker NewsIt's "money" but it has to be permanently connected to the Internet and it *expires* if disconnected for too long?? This is infinitely worse than Bitcoin.
https://www.taler.net/en/faq.html
> Taler e-money is issued with a validity period. One month before the expiration date, your wallet should automatically exchange any digital cash that is about to expire for new digital cash with an extended validity period. However, if your wallet is offline for an extended period of time, it may be unable to do so. Ensure your wallet is regularly online to avoid losing money due to expiration!
Replies
There was once the idea of expiring money https://en.wikipedia.org/wiki/Demurrage_currency
GNU Taler seems more like an expiring invoice that requires paying in a specific timeframe.
"permanently" is overstating it. Usually this is configured to be like once per year or even every couple of years.
> This is infinitely worse than Bitcoin.
It's not meant to be like Bitcoin. If you want Bitcoin, use Bitcoin.
> It's "money" but it has to be permanently connected to the Internet and it *expires* if disconnected for too long??
Staying disconnected is not what makes them expire, but you need connection to ‘renew’ them before they do expire, if you plan on keeping your tokens for a very long time (say, years). At least that’s my reading of it.
> This is infinitely worse than Bitcoin.
If we only consider this single aspect and ignore all the other ways in which it’s arguably better than Bitcoin, then yes.