Paper Money to get Chipped

[DamianTV]

http://news.slashdot.org/story/10/12/22/1859218/Banknotes-Go-Electronic-To-Outwit-Counterfeiters

The Headline reads differently...

"Modern banknotes contain up to 50 anti-counterfeiting features, but adding electronic circuits programmed to confirm the note's authenticity is perhaps the ultimate deterrent, and would also help to simplify banknote tracking. From the article: 'A team of German and Japanese researchers created arrays of thin-film transistors (TFTs) by carefully depositing gold, aluminum oxide and organic molecules directly onto the notes through a patterned mask, building up the TFTs layer by layer. The result is an undamaged banknote containing around 100 organic TFTs, each of which is less than 250 nanometres thick and can be operated with voltages of just 3V. Such small voltages could be transmitted wirelessly by an external reader, such as the kind that communicates with the RFID tags found on many products.'"

There is another link on the page, but I didnt bother to put it in cuz Im lazy...

Now, the problem is that now just about everyone can know how much cash you carry on you. Take off the Tin Foil Hats for a second and think about how this would be applied in the really real world. A thief, like a pickpocket walks around with a scanner and finds the person that has the most cash on them. They target that person, and well, that person gets really shafted, possibly injured or worse by the thief. If people walked around with signs on their chests telling everyone how much cash they have on them, the thief would ignore the guy that has $8 bucks in their wallet, and go after the guy that has $600 bucks.

 

[theinlawjosie]

Wouldn't that be kinda like putting solid gold wheels on an old beat up pinto?

 

[specialK]

http://news.slashdot.org/story/10/12/22/1859218/Banknotes-Go-Electronic-To-Outwit-Counterfeiters


Now, the problem is that now just about everyone can know how much cash you carry on you. Take off the Tin Foil Hats for a second and think about how this would be applied in the really real world. A thief, like a pickpocket walks around with a scanner and finds the person that has the most cash on them. They target that person, and well, that person gets really shafted, possibly injured or worse by the thief. If people walked around with signs on their chests telling everyone how much cash they have on them, the thief would ignore the guy that has $8 bucks in their wallet, and go after the guy that has $600 bucks.

Answer: Faraday Cage wallet:

http://www.thinkgeek.com/gadgets/security/8cdd/

I bought one when I got a chipped passport.

 

[devil21]

Dollar bill, meet microwave. Microwave, this is Dollar bill. Yall have fun with each other for about 30 seconds and Ill be back to check on you then.

 

[Chester Copperpot]

Dollar bill, meet microwave. Microwave, this is Dollar bill. Yall have fun with each other for about 30 seconds and Ill be back to check on you then.

nice

 

[Truth-Bringer]

Dollar bill, meet microwave. Microwave, this is Dollar bill. Yall have fun with each other for about 30 seconds and Ill be back to check on you then.

LOL. A hammer works well also.

 

[jack555]

http://news.slashdot.org/story/10/12/22/1859218/Banknotes-Go-Electronic-To-Outwit-Counterfeiters

The Headline reads differently...



There is another link on the page, but I didnt bother to put it in cuz Im lazy...

Now, the problem is that now just about everyone can know how much cash you carry on you. Take off the Tin Foil Hats for a second and think about how this would be applied in the really real world. A thief, like a pickpocket walks around with a scanner and finds the person that has the most cash on them. They target that person, and well, that person gets really shafted, possibly injured or worse by the thief. If people walked around with signs on their chests telling everyone how much cash they have on them, the thief would ignore the guy that has $8 bucks in their wallet, and go after the guy that has $600 bucks.

Even better for the government, they don't want us using cash. This will force us to use credit cards/debit cards.

 

[KCIndy]

This RFID chipped cash is extremely dangerous.

If you suspect you have any of these bills, please send them to me for proper disposal.

 

[Carson]

Maybe then we could audit the chips to see how much the counterfeiters are printing up.

 

[hillbilly123069]

Got news for you. Money has been chipped for at least 5 years now. $20 bills have 1 in the left eye on the face. Put it in a microwave and wait up to a minute in my low power 1. You'll see a pink flash when it goes. You can also find a few youtube videos demonstrating

 

[DamianTV]

Dollar bill, meet microwave. Microwave, this is Dollar bill. Yall have fun with each other for about 30 seconds and Ill be back to check on you then.

So what happens when cashiers at 7-11, (in)Convenience Stores and every other retailer on the planet are all "required" to have "counterfeit scanners" that scan for those chips, hand a clerk $17.76 in cash and coin and it registers as $0.76, not because they were in fact counterfeit bills, but because those chips were fried in the microwave?

It almost sounds like there is absolutely no choice in the matter to either use and accept the chipped cash, or use an ATM / Debit / Credit (Debt) Card?

---

Off the subject, but is the reason that Debit Cards were aptly named is because a lot of people misinterpret Debit as Debt and think there is no problem with having a "Debt Card", even if using it does not increase one individuals actual debt owed, but just decreases the current ammt of funds in their acct?

 

[AxisMundi]

http://news.slashdot.org/story/10/12/22/1859218/Banknotes-Go-Electronic-To-Outwit-Counterfeiters

The Headline reads differently...

There is another link on the page, but I didnt bother to put it in cuz Im lazy...

Now, the problem is that now just about everyone can know how much cash you carry on you. Take off the Tin Foil Hats for a second and think about how this would be applied in the really real world. A thief, like a pickpocket walks around with a scanner and finds the person that has the most cash on them. They target that person, and well, that person gets really shafted, possibly injured or worse by the thief. If people walked around with signs on their chests telling everyone how much cash they have on them, the thief would ignore the guy that has $8 bucks in their wallet, and go after the guy that has $600 bucks.

Firstly, this tech needs the power source quite near the item for the chip to be powered. The fabric of your jeans would be enough to keep the bills from being powered. Think of those new multiple device charging pads, the adapters have to be in contact with the pad for the device to charge.

However, I would be against this idea simply due to the fact that it wouldn't take much effort to counterfeit the bills. Why take all that tax revenue in R&D and implementation (even a few nano's of gold would add up over time) when cashiers have those special pens to determine if a bill is real?

 

[AxisMundi]

Got news for you. Money has been chipped for at least 5 years now. $20 bills have 1 in the left eye on the face. Put it in a microwave and wait up to a minute in my low power 1. You'll see a pink flash when it goes. You can also find a few youtube videos demonstrating

The twenties use magnetic ink for bill verifiers. The also have small metallic strips embedded in the weave of the paper for the same purpose.

That is why sometimes one sees a puff in some models of microwaves.

 

[osan]

five seconds in the microwave should take care ofthings

 

[DamianTV]

five seconds in the microwave should take care ofthings

What happens when the money is considered counterfeit if it doesnt have a chip?

 

[AxisMundi]

What happens when the money is considered counterfeit if it doesnt have a chip?

Indeed.

However, several RPF members have exhibited, just on this thread alone, one of the prime reasons why it is so difficult for We the People to enact change in this Nation.

Hysteria. Simple, unadulterated, media and blogger inspired and forwarded hysteria.

Can this technology be used for the purpose of tagging bills? Yes, it has the potential apparently.

Is there a Bill going through congress to do this? Are there chips currently in our paper currency?

No and No, so lets concentrate on what is actually occurring and leave the fantasy behind, ladies and gentlemen.

 

[devil21]

What happens when the money is considered counterfeit if it doesnt have a chip?

Probably time to start exercising that Second Amendment because totalitarianism would be fully here.

Indeed.

However, several RPF members have exhibited, just on this thread alone, one of the prime reasons why it is so difficult for We the People to enact change in this Nation.

Hysteria.

You know what I've been seeing MUCH more across the net lately? Comments by people about stuff that was thought to be tinfoil "hysteria" is now proving by the day to be TRUE. There's even a long thread on RPF about people suddenly changing their tune about tinfoil "hysteria". One thing that separates this movement from most of the political spectrum is that we are forward-looking and we see where things are headed. One of the best ways to try to fight the creep of tyranny is to cut it off before it rises. The opposition well in advance of REAL ID is what caused it to fail and blogs like that one and forums like RPF were the starting point for opposition like that. Is it very far-fetched to see that money will be chipped eventually before currency is ultimately removed entirely for digital credits?

You're not very forward-looking and your posts show that you don't seem to care much about personal liberty, so why are you here AxisMundi? Check out your post history. All you basically do is ridicule and play the contrarian to every thread you post in.

 

[AxisMundi]

...You know what I've been seeing MUCH more across the net lately? Comments by people about stuff that was thought to be tinfoil "hysteria" is now proving by the day to be TRUE. There's even a long thread on RPF about people suddenly changing their tune about tinfoil "hysteria". One thing that separates this movement from most of the political spectrum is that we are forward-looking and we see where things are headed. One of the best ways to try to fight the creep of tyranny is to cut it off before it rises. The opposition well in advance of REAL ID is what caused it to fail and blogs like that one and forums like RPF were the starting point for opposition like that. Is it very far-fetched to see that money will be chipped eventually before currency is ultimately removed entirely for digital credits?

Your Real ID Act example is poor, I'm afraid, as everything was laid out and quite obvious. It was an active agenda defeated by people grounded in reality that did not buy into the hype.

The nonsense contained within this thread is pure hysteria. No one has been able to supply any information as to any intentions of the government to insert chips in paper money, let alone for the purpose of tracking citizens.

The article in the OP suggested a possible use of the technology. Yes it is indeed important to keep a weather eye out for any legislation that might chip paper money. However, to go off the deep end and claim there is currently an active agenda to chip money, including the "puff test" which has been proven to be simple unfounded hysteria, simply detracts from the effort to keep grounded in reality and actually stop any legislation to chip money.

While you people are busy with your heads in the sand of 9/11 conspiracy fantasies, Congress is slipping Bills through that actually impact our Rights. One cannot "look forward" if one is blinded by pure fantasies like some bum in an alley suffering from dementia.

You're not very forward-looking and your posts show that you don't seem to care much about personal liberty, so why are you here AxisMundi? Check out your post history. All you basically do is ridicule and play the contrarian to every thread you post in.

What my posts show is a grounding in simple reality, not only of the Founding Principles of the Nation, but a simple refusal to buy into every quite obvious fantasy generated by bloggers living in their Mom's basement and neocon media whores counting on the gullible masses for ratings.

And if you had actually bothered to look at my posting history, you would see that your horrid generalizations are simply false as well. Such comments as yours directed towards me are pretty rare on such topics as Illegal Aliens, TSA abuses, and other such clear and active concerns.

Sorry if I don't agree with you, that's life. Not everyone will agree with you on everything.

Learn to Deal With It.

 

[devil21]

Funny that you just recycled all the media memes about Paul supporters into your reply whilst at the same time claiming to be a Paul supporter. Shall we count the amount of times you use the word "hysteria" in your posts on this board? With friends like you, who needs enemies? I'll ignore the ignorant portion regarding legislation and members of this forum as I can assure you that myself and others call and email our congresscritters about legislation and likely more than you ever have. Your simple reality apparently means you only believe what the media tells (or doesn't tell) you and you have no ability to look forward or think in a big picture manner.

I don't care if you agree with me. I care that you resort to name-calling and the same memes that I see from the media and frothy neo-cons across the net when they attempt to discredit this movement. You're not really fooling anyone when you agree with throwing people in jail for writing books that offend you, like in that other thread.

Btw, how do you know paper money won't be chipped? Your assertion is as much supposition as the OP yet you state yours as if it were fact and the OP is "hysteria". Is there something wrong with casually discussing the possibilities? Nevermind that RFID chips are proposed, if not already present, in Euro notes. Is it that much of a stretch that it would come here too?

http://www.edri.org/edrigram/number3.17/RFID

 

[AxisMundi]

Funny that you just recycled all the media memes about Paul supporters into your reply whilst at the same time claiming to be a Paul supporter. Shall we count the amount of times you use the word "hysteria" in your posts on this board? With friends like you, who needs enemies? I'll ignore the ignorant portion regarding legislation and members of this forum as I can assure you that myself and others call and email our congresscritters about legislation and likely more than you ever have. Your simple reality apparently means you only believe what the media tells (or doesn't tell) you and you have no ability to look forward or think in a big picture manner.

I don't care if you agree with me. I care that you resort to name-calling and the same memes that I see from the media and frothy neo-cons across the net when they attempt to discredit this movement. You're not really fooling anyone when you agree with throwing people in jail for writing books that offend you, like in that other thread.

Btw, how do you know paper money won't be chipped? Your assertion is as much supposition as the OP yet you state yours as if it were fact and the OP is "hysteria". Is there something wrong with casually discussing the possibilities? Nevermind that RFID chips are proposed, if not already present, in Euro notes. Is it that much of a stretch that it would come here too?

http://www.edri.org/edrigram/number3.17/RFID

You reply was an utter Fail on many, many counts.

Feel free to post quotes from myself and your "media memes" to support your premise.

I support Ron Paul because he is the CLOSEST out of the pool of politicians to matching my complicated political ideology. We do disagree on some of the finer points. However, he is certainly resistant to the hysteria (plus one) indulged quite freely by some my fellow RPF members.

Hysteria (plus two). There is simply no other term that so accurately and concisely describes such opinions as forwarded by this thread, and those who have posted in support of the topic.

I have been active in local, state, and national politics since the Ford era from a political activist standpoint. I do not even receive the standard form replies anymore. However, if one does indeed write their representatives harping about such hysteria (plus three) as espoused on this thread, those letters don't even make it out of the mail room, let alone all the way to that representative.

And yes, it doesn't matter if it has been proposed for Euros (and even if it was in Euros) or not. We do not operate from the European model nor do they dictate our monetary policies. But while some are racing about nuking their money in the microwave, Congress could get quite busy actually proposing legislation to chip our money. The intellectually honest will note that at no time have I suggested g'ment WILL not, only that they HAVE not.