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>>You're not really looking for anything other than an obvious counterfeit note. That's not because non-obvious counterfeits are not possible. It's just that n
by CryptoPunk 7y ago
>>You're not really looking for anything other than an obvious counterfeit note.
That's not because non-obvious counterfeits are not possible. It's just that not many of them are generated. The same could apply to non-obviously sabotaged Kong: theoretically it's possible to do, but in practice uncommon.
Kong would have the added benefit of not financially rewarding the sabateur the way counterfeiting rewards a counterfeiter.
- arcticbull 7y agoThe risks for a cash bill are just counterfeiting. The risks for a Kong bill are both counterfeiting and failure of the secure element from any of a myriad ways, including thermal, mechanical stress, static, and so on. Those failure modes cannot be detected with the naked eye necessitating much more scrutiny. It's far more likely your Kong bill just break taking its value with it into the aether than you receiving a counterfeit USD bill.
- CryptoPunk 7y agoKong bills are far harder to counterfeit than cash bills. Counterfeits non-obvious to the naked eye only require producing a convincing plastic film and hologram. Compromising the secure element to extract the private key requires advanced mechano-electronic skills.
- arcticbull 7y agoYes but counterfeit bills are very rare but broken Kong bills will be very common. Counterfeiting a bill requires special technology and evading the police. Breaking a Kong bill requires putting it into a wallet with too aggressive a fold.
- CryptoPunk 7y agoHow do you know that a broken Kong is not obvious?