I predict a new EMP vandalism tool that fries the moneychip.
And provides an alibi to passers of notes with no working chip.
You are, of course, assuming that RFID money that has been
damaged will still be accepted without manual processing
delays to the putative depositor. I can, after
I don't know whether to smile, or call you an arsehole, you give few clues -
economic growth?.
I just hope that if your suggestion is taken up then all the bills that are
declared invalid belong to you, and thus not to me or anyone else.
:)
Even credit card invalidity is not thoroughly
Old money is analogue, and therefore decays in a gradual
fashion. The Treasury (via the banks) culls fading bills.
An RFID would be digital and would fail catastrophically.
This is an important difference.
[Moderator's note: enough on the RFID now. It is far away from crypto. -Perry]