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You might be surprised to learn that a lot of the world uses polymer banknotes which are siignificantly more durable and last a lot longer than traditional 'pap

You might be surprised to learn that a lot of the world uses polymer banknotes which are siignificantly more durable and last a lot longer than traditional 'paper' based currencies. The are incredibly hard to tear/break and they do not wear out or stretch. We've been using these in Australia since 1996. https://en.wikipedia.org/wiki/Polymer_banknote https://en.wikipedia.org/wiki/Polymer_banknote Having handled a fair amount of US currency I can say it _feels_ disgusting to handle after a certain amount of wear and often reminds me of a moist tissue. It also doesn't help that visually the notes all look very similar (as opposed to on polymer notes which have significantly different appearances and colours)

codersfocus 2y ago
The national institution that made them (CSIRO) also held the patent on WiFi. Among many other inventions. Very interesting organization of Australias, and wish we had something like it in the US.
MildlySerious 2y ago
I'm aware it's being done already. But I'm not sure it would be a good starting point when designing a new set of notes. Euro banknotes are mostly made from cotton, and a lot of thought and effort is going into reducing the environmental footprint. The most circulated denominations last on average four years, the rest significantly longer I presume. How does that compare to polymer based banknotes?
- 1jbdg 2y ago
  In Canada they last 8-16 years… polymer notes are unequivocally better. Corruption and inertia is the only reason they are not everywhere. As to plastic pollution, banknotes are already a closed, circular loop and hence you get the miracle properties of plastic without the downside.
  - pests 2y ago
    I think the concern was with the plastic money shedding micro plastics or threads as it slowly degrades over time, like we're finding other plastic does like our clothing. Not saying enough to take out of circulation, but does it shed any particles during its life?
    - 1jbdg 2y ago
      Does it shed particles? In a world of absolutism yes they would. I don’t know if there are actually any studies but fyi cotton notes will also have plastic features and a synthetic, uv cured varnish to try and get some extra life (although far less than polymer) so also ’shed’. Banknotes are regularly inspected and worn or damaged notes are pulled - they really are the perfect product for plastic.
      - FinalBriefing 2y ago
        By weight though, it's a lot less plastic being put out there. Is it worse than clothing? Maybe not, but I'd continue to be skeptical about it until some studies have been done.
        1jbdg 2y ago
        But the solid piece of plastic isn’t shedding, it’s encased in ink and will be removed with set levels of ink wear. The synthetic varnishes, features etc are the same with paper so you’re putting out 4x the amount of ‘at risk’ shedding material due to the longer life of polymer. Plastic = bad is a disaster for co2 emissions and ironically microplastics since the alternatives are heavier and don’t last as long. Meaning more transport, distribution etc and tires are one of the biggest sources of microplastics.
    - CyberDildonics 2y ago
      I think the concern was with the plastic money shedding micro plastics Show me anyone who is actually 'concerned' about that with numbers to back up that there is any significance.

codersfocus 2y ago

The national institution that made them (CSIRO) also held the patent on WiFi. Among many other inventions. Very interesting organization of Australias, and wish we had something like it in the US.

MildlySerious 2y ago

I'm aware it's being done already. But I'm not sure it would be a good starting point when designing a new set of notes. Euro banknotes are mostly made from cotton, and a lot of thought and effort is going into reducing the environmental footprint. The most circulated denominations last on average four years, the rest significantly longer I presume. How does that compare to polymer based banknotes?

1jbdg 2y ago
In Canada they last 8-16 years… polymer notes are unequivocally better. Corruption and inertia is the only reason they are not everywhere. As to plastic pollution, banknotes are already a closed, circular loop and hence you get the miracle properties of plastic without the downside.
- pests 2y ago
  I think the concern was with the plastic money shedding micro plastics or threads as it slowly degrades over time, like we're finding other plastic does like our clothing. Not saying enough to take out of circulation, but does it shed any particles during its life?
  - 1jbdg 2y ago
    Does it shed particles? In a world of absolutism yes they would. I don’t know if there are actually any studies but fyi cotton notes will also have plastic features and a synthetic, uv cured varnish to try and get some extra life (although far less than polymer) so also ’shed’. Banknotes are regularly inspected and worn or damaged notes are pulled - they really are the perfect product for plastic.
    - FinalBriefing 2y ago
      By weight though, it's a lot less plastic being put out there. Is it worse than clothing? Maybe not, but I'd continue to be skeptical about it until some studies have been done.
      - 1jbdg 2y ago
        But the solid piece of plastic isn’t shedding, it’s encased in ink and will be removed with set levels of ink wear. The synthetic varnishes, features etc are the same with paper so you’re putting out 4x the amount of ‘at risk’ shedding material due to the longer life of polymer. Plastic = bad is a disaster for co2 emissions and ironically microplastics since the alternatives are heavier and don’t last as long. Meaning more transport, distribution etc and tires are one of the biggest sources of microplastics.
  - CyberDildonics 2y ago
    I think the concern was with the plastic money shedding micro plastics Show me anyone who is actually 'concerned' about that with numbers to back up that there is any significance.