3 ms·
I think Znews misunderstood the GPS thing. I think the notes have some sort of unique digital ID.unique ID's are not new(we had serial numbers before),but they
by an0nym0us2256 10y ago
I think Znews misunderstood the GPS thing.
I think the notes have some sort of unique digital ID.unique ID's are not new(we had serial numbers before),but they were difficult to keep track of(bankers can't keep noting serial number of every big note they take or give).but the bank counting machines can now track these numbers in real time,and catch if they find a unique ID is not unique anymore(duplicate).
This will mainly help with the counterfeit notes problem.
The black money problem will be helped because they will have to declare or lose their black money during the exchange.
2 birds with 1 stone.. well played modi