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North Korea's High-Tech Counterfeit $100 Bills
ESRB writes "North Korea is apparently able to produce high-quality counterfeits of U.S. dollars — specifically $100 and $50 bills. It's suspected that they possess similar printing technologies as the U.S. and buy ink from the same Swedish firm. 'Since the superdollars were first detected about a decade ago, the regime has been pocketing an estimated $15 to $25 million a year from them. (Other estimates are much higher — up to several hundred million dollars' worth.)' The article also advocates a move to all-digital payment/transfers by pointing out both forms are only representations of value and noting it would cripple criminal operations such as drug cartels, human traffickers, and so forth."
It's the only way to prevent counterfeit money.
Slashdot's rate-of-post filter: Preventing you from posting too many great ideas at once.
Don't cropy that froppy.
Just like copying movies and music: NK haven't stolen anything. The US still has all the dollars it ever has. It isn't like stealing a car where that deprives the original owner of the car. It's more like *duplicating* the car while the original owner still has it.
So it's OK, according to Slashdot.
The local Ambassador of North Korea in my country told journalists in 2010 that by 2012, the North Korea economy will be booming and that it will surpass the economy of the US, or something like this. I guess they are simply trying in the best way they can. ;]
Ezekiel 23:20
I wouldn't call it pedantry. I'd call it legitimately calling out the author for both having no apparent grasp of basic arithmetic, and likely being a moron.
I have it on good account that the article's author had been measured a Barbie Math Quotient of 73, as opposed to 100 for an average Barbie doll.
Ezekiel 23:20
Kim, don't copy that dollar! You wouldn't steal a movie, would you?
~Loyal
I aim to misbehave.
I would rather not have to carry a suitcase full of money through the airport.
Rich people with their problems.
In fact there are three freely convertible currencies in the Galaxy, but none of them count. The Altarian Dollar has recently collapsed, the Flainian Pobble Bead is only exchangeable for other Flainian Pobble Beads, and the Triganic Pu has its own very special problems. It exchange rate of eight Ningis to one Pu is simple enough, but since Ningi is a triangular rubber coin six thousand eight hundred miles along each side, no one has ever collected enough to own one Pu. Nigis are not negotiable currency, because Galactibanks refuse to deal in fiddling small change. From this basic premise it is very simple to prove that the Galactibanks are also the product of a deranged imagination.