[extropy-chat] TECH: The future of cash?

[Erik Starck]

Harvey Newstrom wrote:

>Erik Starck wrote,
>  
>
>>According to the 
>>article they should be here next year, but that doesn't seem 
>>plausible.
>>    
>>
>
>Why not?  RFID chips are already in use today.  They are extremely cheap
>chips that can be embedded in papers, and were originally designed for
>supermarket pricing on can labels.  It would be trivial to add these chips
>to any paper product (or anything else, for that matter).  
>  
>

I'm sure it's technically possible, but there are some privacy concerns:
http://www.wired.com/news/privacy/0,1848,59565,00.html

And it's not just the chips that must work, the tricky thing is the 
infrastructure to support them.


Erik S.