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Bank of Canada: The New $100 Note
- shii 15y agoSounds like it'd be bitch to counterfeit, but I think this just throws in the gauntlet for those interested in the challenge. Interested in what the processes they used to build the different features mentioned, at scale.
- nihilocrat 15y agoThat's a good point, but I think it's a similar issue to computer security. Yeah, changing your SSH port to a custom one isn't going to keep out someone who scans your ports, but it will keep out the millions of losers who are looking for easy prey and not bothering with a portscan. With each security measure that is potentially crackable, but harder, the pool of crackers that are going to put in the effort gets smaller.
- andre 15y agoI wonder what is costs to produce each one.
- AndyIngram 15y ago.19c vs .10c for the old one but they will last 2.5 times longer. And the polymer and is from Australia. source http://calgary.ctv.ca/servlet/an/local/CTVNews/20110620/boc-money-unveiling-110620/20110620/?hub=CalgaryHome http://calgary.ctv.ca/servlet/an/local/CTVNews/20110620/boc-...
- jarek 15y agoBecause I had to check the link myself... The costs are 19c and 10c respectively, or $0.19 and $0.10. 0.10c would be pretty cheap.
- decadentcactus 15y agoOdd video, but since we're on the topic... After a trip to the US last year it was easy to see the US currency is awful. Coming from Aus where we have polymer banknotes, the paper was just terrible, and I wondered why they hadn't changed it yet. And don't get me started on having $1 notes and 1c coins. Immediately found them (the coins at least) entirely pointless and just ignored them.
- andre 15y agoUS paper currency is made up of 75% cotton and 25% linen. Source: http://www.cotton.org/pubs/cottoncounts/cotton-currency.cfm http://www.cotton.org/pubs/cottoncounts/cotton-currency.cfm
- decadentcactus 15y agoOk.. you know what I mean :P It's more the fact that US notes tear extremely easily whereas polymer notes... you have to be pretty determined to damage one without scissors.
- sliverstorm 15y agoI actually really like US currency. Most other currencies I've handled seem to be almost entirely paper, too large, occasionally different sizes... I really like uniformly sized bills that fit easily into a wallet, and the fabric in the bill seems to improve durability and lend a nicer texture. Other currency just feels... cheap. No offense. Agreed on pennies though. They had their place back when they were useful, but they are almost pointless now.
- decadentcactus 15y agoThe different sizes, I'm not entirely sure but I thought they were for blind people... somehow. Or I might be making that up. This from Wikipedia also explains my dislike for $1: Approximately 42% of all U.S. currency produced in 2009 were one-dollar bills.
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- dmix 15y agoSecure. Durable. Innovative. Sounds like a bad powerpoint presentation.
- wisty 15y agoWell, the Reserve Bank of Australia's subsidiary used to just offer hookers, coke, and offshore bank accounts to their clients; but was told it wasn't an appropriate sales technique for a government owned entity. Duckduckgo "RBA corruption".
- ComputerGuru 15y ago... for something more akin to condoms than dollars.
- wanderful 15y agoI'm Canadian. So embarrassing. The graphics. The copy. The tone of his voice. How he kept repeating "look at the detail" as if identifying counterfeit bills compared to real ones that we've never seen is self-evident.
- 51Cards 15y agoBeing from Canada, I for one welcome our new plastic overlords. I'm curious about the actual hand feel but the durability will certainly be welcome. Also curious to see how these affect counting machines, etc. I do a lot of work at large cash events so I'll quickly get feedback from the cashiers and cash managers on if they like them or not.
- dholowiski 15y agoIs this for all of the bills? My parents were.given a fake $5 bill at a store last weekend. $5 and $10 seem to be more common
- run4yourlives 15y agoAll bills, starting with the $100 and working down.
- shirro 15y agoAussie here. Polymer notes are probably a bit harder to handle for a cashier. They don't flatten well out after being folded up. They have lots of benefits to make up for it. You won't find yourself taping up torn bills as much.
- sanswork 15y agoGo to the bank and order $20 australian for an example.
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- eloop 15y agoIt's a change for Australia to export something that hasn't simply been fed grass or dug out of the ground. Hopefully we'll make lots of money making money :-) And btw, the notes work really well, can't imagine using tatty bits of green paper after 20 years with the new technology.
- dendory 15y agoThe new $100 bill... which costs $105 to make! jk ;P
- etfb 15y agoNever fear! It costs $105 in US dollars - by next week, that'll be about 15 cents anywhere else.
- jodrellblank 15y agoThe bills have one more security feature that /you/ can check And how many more that I can't check?
- yhlasx 15y agoThis things are damn durable. As far as i know, if you fold them they get back to their original shape. [Most] People don't use cash these days anyway.
- mtw 15y agoare you from Canada? I do notice and almost half of transactions at bars, restaurants, buses, coffee shops, bakeries etc. are made with cash
- nakkiel 15y agoIt pretty much depends on the country. In Italy for example, people love to use cash (it's cultural) whereas in France people tend to use Credit Cards mostly now (it's a recent trend). In most less developed countries, Cash is still the king too even when there is good access to reliable Banks and a stable currency (Thailand for example).
- daimyoyo 15y agoMy first job was in a plastics plant and one thing I noticed was that when you deform clear plastic, it tends to become cloudy. I wonder how these will fight that, seeing as almost every one will be folded at some time in it's lifecycle.
- Aramgutang 15y agoAustralian currency, which is made of the same polymer and has transparent windows as well, seems to handle it just fine. No matter how strongly I bend and abuse it at the window, it doesn't lose transparency.
- jballanc 15y agoSkip to 1m 42s to see a clear double Eurion along the bottom edge: http://en.wikipedia.org/wiki/Eurion http://en.wikipedia.org/wiki/Eurion
- redthrowaway 15y agoThat's damned cool. Presumably only commercial software would be affected? That is, I assume GIMP works fine for scanning bills.
- ralfd 15y agoImplementing it is voluntary, there is no law requiring it, so there are probably many commercial software which lack this modul. But yes, GIMP doesn't have it too. http://www.rulesforuse.org/pub/index.php?currency_lang=-1&country=-1®ion=-1&lang=en&page=-1 http://www.rulesforuse.org/pub/index.php?currency_lang=-1... "The CDS has been voluntarily adopted by hardware and software manufacturers, and prevents personal computers and digital imaging tools from capturing or reproducing the image of a protected banknote."
- redthrowaway 15y agoHmm. I wonder what the impetus for adoption is. If governments aren't making it mandatory, then there has to be something in it for canon, xerox, adobe, et al to go through the trouble of adding that functionality.
- edkennedy 15y agoThere's an 'eye in the pyramid' in the building under the large transparent window.
- nakkiel 15y agoIt's a conspiracy, isn't it?
- lakeeffect 15y agoI want one dozen.
- lakeeffect 15y agoDo these physical notes contain chemical tracers?
- jivejones 15y agothese new bills will be quite similar to the bills in Hong Kong.
- jdavid 15y agoI wonder if using DNA markers in currency might be interesting.