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Canada says no more paper fiat currency?

cohodkcohodk Posts: 19,102 ✭✭✭✭✭
in Precious Metals
I know it not a topic about precious metals but I dont care.image

Canadians got their first look at the slick new plastic bills that will soon line wallets across the country.
Excuses are tools of the ignorant

Knowledge is the enemy of fear

Comments

  • SpoolySpooly Posts: 2,108 ✭✭✭
    Great fiat plastic money! image
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Maybe the BEP could take a lesson from this.
    They can't seem to print the new paper $100 without the sheets folding.
    Time for plastic notes here.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Horse trading works best. You can't print 'em from thin air and you can't counterfiet 'em.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • AUandAGAUandAG Posts: 24,760 ✭✭✭✭✭
    Now if they would just imbed platinum fibers to make the value really $100 canandian.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • greatnortherncoingreatnortherncoin Posts: 412
    the u.s. will be the last
    dont send sheep to kill a wolf...
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    another use for petroleum products!
    image
  • BanemorthBanemorth Posts: 986 ✭✭✭


    << <i>another use for petroleum products!
    image >>



    Exactly what I was thinking!
    Justin From Jersey

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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Is the object longer life of the currency?? That is the only benefit I see immediately... there could be anti-counterfeiting properties as well.... any articles on this?? Cheers, RickO
  • alifaxwa2alifaxwa2 Posts: 3,102 ✭✭✭


    << <i>Is the object longer life of the currency?? That is the only benefit I see immediately... there could be anti-counterfeiting properties as well.... any articles on this?? Cheers, RickO >>


    from the article
    New holographic security areas will be printed on the bills, including one in the shape of a maple leaf. They will also feature raised ink, hidden numbers and metallic images printed on a transparent window.
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  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    You would think they could also imbed some kind of nanotechnology for a barcode, so it could be scanned. Perhaps this would work as a counterfeiting measure.
    Montana State Quarter Die Clash

    Box of 20
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