Imagine a stored-value card so thin it could be folded, and that could be accepted with zero hardware. The catch: the value is fixed.
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terrible idea. If you launched a startup doing that it would get regulated to death. Imagine the implications for criminals to use it.
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like cash?
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they'd all soon get tainted with cocaine.
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amazing so few people realised this was satire.
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... cash?
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trivially easy. The difficult part is making an effortless way of tracking the use of these cards for later spending analysis.
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how's it different from bank notes ?
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are you sure you aren't describing a dollar bill?
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@nuttycom can we make these out of money? -
I thought it was a pretty good joke!
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ah so possession is key!
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cash (definitely)
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Blockchain and Smartcard tech can do this today at a very very low cost
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isn't it a bank note? just not issued by a central bank?
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I must have missed some critical difference. This looks like a fact from long forgotten history told to amuse people in Galactic Era.
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Cash Rules Many things Around Me
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So... dollar bills?
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Please review the abandonment of the patron gold in modern nation-states. Napoleon did it for some reason: global hiccups. Familiar?
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This could be a digital cash, which succeeds!
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