Banknotes go electric to outwit counterfeiters

21 December 2010 by Jon Evans

GOOD old-fashioned cash is to go down the electronic route, now that it is possible to stamp simple electronic circuits directly onto banknotes. Rest of the article

A group of German and Japanese researchers seem to be working on electronics for paper money , think RFID here. Also think invasion of privacy. If you look at the bills in your wallet you will notice the phrase " This note is legal tender for all debts, public and private" Well what do you think will happen if this type of technology is introduced to our currency here?

Prepology