Where's the smart money?

Bill Manning bmanning at isi.edu
Mon Feb 11 14:51:57 EST 2002


I had always thought that one of the key hallmarks of
money was its ability to retain value over a varitey of
hostile environments...


On Mon, Feb 11, 2002 at 02:25:27PM -0500, Trei, Peter wrote:
> That's the scenario which is (semi) worrying. As
> the tagged bills wear, some fraction of the RFID
> transponders will inevitably fail. When this happens,
> is the bill declared invalid? Will merchants regularly
> check all incoming cash for a good tag? Is a bill 
> with a bad tag presumed to be counterfeit? Can
> it be exchanged?
> 
> Peter Trei
> 
> > Scott Guthery[SMTP:SGuthery at mobile-mind.com] wrote:
> > No ink, no value.
> > No working chip, no value.
> > Gotta keep your bills out of the washer AND the dryer.
> > When they said laundry, they meant all the cycles.
> > Anybody remember mangles?
> > Cheers, Scott
> > 
> > -----Original Message-----
> > From: Trei, Peter [mailto:ptrei at rsasecurity.com]
> > 
> > My first thought on hearing of this was:
> > 'Wil these survive a session in the microwave?"
> > (brings new meaning to the phrase 'hot money' :-)
> > 
> > Peter Trei
> > > ----------
> > > From: 	Matt Crawford[SMTP:crawdad at fnal.gov]
> > > I predict a new EMP vandalism tool that fries the moneychip.
> > > 
> > > And provides an alibi to passers of notes with no working chip.
> > > 
> > 
> 
> ---------------------------------------------------------------------
> The Cryptography Mailing List
> Unsubscribe by sending "unsubscribe cryptography" to majordomo at wasabisystems.com

---------------------------------------------------------------------
The Cryptography Mailing List
Unsubscribe by sending "unsubscribe cryptography" to majordomo at wasabisystems.com



More information about the cryptography mailing list