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Originally Posted by rhertz
I think the dollar coin is a bad solution to the problem of paper dollars wearing out quicker than coins. A better solution would be a RFID device (like Speed Pass) that a person loads up with $50 or whatever amount he/she chooses, and then just wave it over the vending machine, stamp machine, or cash register, etc. The technology for this is rather mature by now. Some cards already have a chip inside. American Express Blue? Keys could be encrypted to 256bit which should be safe enough for a $50 and under type of "petty cash" system.
This is if they are unwilling to make quarters into dollars and dimes into quarters and nickels into dimes.............  |
When they do away with cash then we will all be plugged into the matrix. It is the master control of man when they can control every dollar and every trans action. Time will tell on this one but you have a good point.
