I was watching a program about nano technology on CBC. It showed that in the future that everyone will have implants that can read things like barcodes to get information on a product and pay for it digitally. This would eliminate the need for coins, paper money, and credit cards.
That's pretty fucking horrifying, I assume they're going to accompany it with ID and satellite tracking. How dare they even think of turning us into terminators.
I hate coins i always loose track of them! I also dislike paper money because it gets blown away with the wind and tears catches fire etc. I prefere my bank card although it is easier to spend more money with it. Electronic money is so much more usefull.
If you have problems with your paper money lighting on fire I'm pretty sure your doing something wrong.
With a growth in biometrics eventually you will become your own identification. Then you just put your hand in a vien-reader and your Government run account is credit for that much money. For those worried about this realise that companies and corporations already deal purely in "lists of numbers" rather than stacks of paper money. Think about it, when was the last time you payed you mortgage in tangible money, rather than jsut telling your bank to decrease the number they hold against your account and telling some other company to increase the number they hold against their account.
I dont really are money is money.Iv lost a few coins by dropping them but have a tore a few five euro notes.Nothing a bit of sellotape cant fix
America has Gold dollars that are currently being minted in a series that will have all the presidents faces on them. Before that we had other coins like the Silver dollar and a Sacajawea dollar. [spoiler:16wfasb1][/spoiler:16wfasb1]
We have dollar coins. They just aren't as popular as banknotes. Which reminds me, when I said that switching to coins would save us $500 billion in five years, I meant if we switched all one dollar notes to coins. Now think about if we switched two and five dollar notes to coins ass well.
Thomas Jefferson And the Declaration of Independence They aren't printed as much as other notes. I have a few though, I don't spend them.
Coins have been around for thousands of years, but paper money just about a thousand years and since the 17th century in Europe. And like coins...
Paper money is really just coins we measure it via its amount in gold. For money has to be something that is not easily avaible and thus viable, well there is plenty of paper and not alot of gold so we assign are money equal to that in its price of gold. Either way its all the same.
