The MintChip: The New (Dessert-Sounding) Currency
Word of advice for all my Canadian readers: Better hang on to your coins and your dollar bills! Cause it looks like they just might become a historical, collectable artifact sooner than you think.
So, apparently, The Royal Mint Company has come up with a brand-spankin’-new monetary system. Gone are the days of scouring the bottom of your purse for those last 10 cents. No longer will you have to wonder which pair of pants did you keep that one 20 dollar bill in. Canada’s going digital, baby.
With this whole new, digital ‘MintChip’ arrangement the idea is that you would keep and transfer your money on a micro chip (or perhaps a USB?) that operates on an anonymous basis (which I’m guessing means it doesn’t link back to your bank account somehow) and that does not get saved on any central databases.
I’m sure hackers all around the world are cracking their knuckles in anticipation.
Now, I would personally take this whole “announcement” with a very big grain of salt. This is hardly the first time that Canada has come up with a new monetary ‘innovation’ that didn’t exactly take off. In fact the very same company that’s proposing this ‘MintChip’ deal just made a freaking GLOW IN THE DARK DINOSAUR COIN (which is worth 25 cents but will cost you 30 dollars).
So excuse me if I don’t prepare for “the evolution of currency” just yet.
All my love!