RFID Tags in Euro Banknotes

psychictv writes "CNET News.com is reporting that Euro notes could be embedded with RFID tags in the future. 'RFID (radio frequency identification) tags also have the ability of recording information such as details of the transactions the paper note has been involved in...'" The EU has been considering this for a while. You'll never even know they're there.

Comments

At least in the EU

[1stflight]

Which has proven they value the people privacy. Here in the States we'd be screwed.

Re:Practical for Citizen Tracking

[Raven42rac]

Okay, let us just suppose this does make it into the money supply. Why in the world would every retailer everywhere across Europe retrofit all of their cash register/P.O.S. terminals, it seems like a worthless "investment", and what about the "black market", so let us not get our britches in a bunch, the sky is not falling. It is draconian, but I honestly do not care if the government wastes hard drive space on knowing that I am partial to Code Red Mountain Dew, Ramen Noodles, and Chee-tos (TM PepsiCo and Frito-Lay, respectively, actually I do not think Ramen Noodles are a trademark of anyone, but I digress). It will just bring these governments that much closer to the brink of collapse under their own weight. How about looking after people's basic needs, like affordable housing, healthcare, and poverty, rather than pushing retarded things like these. Yes, I know, it is for my own good, protect me from the evil shopping-cart terrorists, I hear they are plotting something over on aisle 4, I heard "chatter" about pickles or something. Take away your own citizens rights when the people you say you are trying to protect against are/were not even citizens of your countries (U.S.A. included). Whatever.

May 23, 1984...err 2003

Revert to the gold standard

[ivanmnemonic]

I still think we should've stuck with chunks of gold.