Money denominations electronically tracked strip












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Duzey, It is not readily apparent that the strip is missing unless you're specifically looking for it. It looks like you're using an Ad Blocker. Sounds reasonable to me. Do so, and run the risk of it becoming utterly worthless when an observant retailer refuses to accept it because it appears to be counterfeit. Just like it would be able to detect any other metal. In other words, greenbacks will get automatic expiration dates. Ahh, the security strip.

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Are Physical 100 Dollar Bills Trackable

Doesn't require tweezers or any special preparation, a small tear right on the edge of the bill and it will slide right out from between the layers. That's why I said an observant retailer. Does it seem improbably that the government would not have a device that could determine the number of strips nearby and would that aid in fighting counterfeiting and movement of large sums of cash across borders, etc. Saw it done a week ago today.

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Just like your stocks and any other large cash volumes the smartest thing you can do is diversify your holdings which makes your financial security not dependant on only one vehicle. The metal strips would be simply to discourage counterfeiting. Ahh, the security strip. Doesn't require tweezers or any special preparation, a small tear right on the edge of the bill and it will slide right out from between the layers. I can verify that the strip can be manually removed. Thats why you always see "misers" putting some cash here, some there, some everywhere and usually they end up misplacing thousands

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Description: The longer you hold currency without depositing it in a bank account, the less that cash will be worth, according to a proposal from Marvin Goodfriend, a senior vice president at the Federal Reserve Bank of Richmond. For what its worth, I have been told the strips are supposedly able to be detected, and a machine that can detect large quantities of them in proximity is supposed to help agents determine when large sums of cash are present in various situations. Please visit the link provided for the complete story. I just passed a twenty with no strip. So i did and he said see that faint line about millimeters wide and i did see it,then he said that a guy he knows has a process of removing these embedded strips from larger denominations because he says when large quantities of bills are put together NSA satellites can detect these stores of cash because of the embedded strips inside the money. Does it seem improbably that the government would not have a device that could determine the number of strips nearby and would that aid in fighting counterfeiting and movement of large sums of cash across borders, etc. And yes it has to do with the metalic filament in the security strip inbedded in the larger bills, get enough of them together in one spot and the signal that is returned from the detector can be picked up, but not by satellite. It says new technology finally makes such a scheme feasible.
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