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by t_mann 880 days ago
You're confusing Taler with central bank digital currencies (CBDCs, the Eurozone incarnation of which would be the Digital Euro). I suppose the project being funded through an EU grant could mean that it's in consideration to be used for the Digital Euro, but your criticism would apply independently of whether Taler or another technology is used, and Taler could also be used in different contexts without those limitations. The CBDC and Taler concepts live in different spheres, and it doesn't make sense to criticize Taler for pain points that you have with CBDCs.

Btw, I haven't seen anything like an expiration date in the proposals for the Digital Euro [0], could you provide your sources for that claim?

[0] https://www.europarl.europa.eu/legislative-train/theme-an-ec...

1 comments

No, I'm not confusing anything. I think you're trying distract from the incredibly antisocial effects this project will have. Everything I wrote comes from the position paper published on the Taler project's website:

https://taler.net/papers/cbdc2021en.pdf

Page 16: These denomination keys, and thus the coins, would have an expiration date before which they must be spent or exchanged for new coins. Customers would be given a certain amount of time during which they could exchange their coins.

Paper and coin money also gets expired and you need to replace your mattress stuffing for the new versions every now and if you want to keep any value.
That sounds more like a technical aspect. It is probably related to cryptographic key expiry, not the balance itself. Also, even if what you said was true, having all your money expire all at once is so easy to avoid that it is kind of meaningless to even think of it as a problem. It's more like a pointless micromanagement hassle than a realistic way of stealing your money.