New Canadian $20 Is Causing Controversy

[snakeair]

I wonder what Muddy will say about this.

So there is a bit of controvery brewing in our neighbor to the north. They decided to release redesigned bills, and the one that came out of the twenty has some people freaking out. The new $20 has a picture of Queen Elizabeth II on the front.

The back of the bill features a picture of the Vimy Memorial in France that commemorates the Battle of Vimy Ridge and honors those who fought and died in the WWI in France and have no known grave. But a focus group that was put together found that some of them thought the bill was portreying the World Trade Center that was destroyed on September 11th, 2001.

To top it off, the Vimy Memorial features 2 statues of ladies that are topless. They are known as...

Continued at: http://www.webpronews.com/new-canadi...oversy-2012-05

Any thoughts?

[G10]

Watched their launch vid and can't really see the controversy myself. Seems like they are paying respects to their fallen during WWI to me unless I am missing something else.

[snakeair]

The last time I looked at a Canadian bill or coin was when i was 5 years old in Niagara Falls. I was hoping some folks would have an opinion. lol

[HTMLBasicTutor]

When I get one I'll let you know.

[Zap]

These $20 dollar notes won't be circulated until November 2012.
So it's difficult to see where the controversy is coming from. Nobody has any yet.
The $100 and the $50 have already been released and look good, but they take some getting used to.
Our money is now, literally, plastic.

Compared to the paper notes, they're kinda slippery.

[stephengfm]

Originally Posted by Zap

These $20 dollar notes won't be circulated until November 2012.
So it's difficult to see where the controversy is coming from. Nobody has any yet.
The $100 and the $50 have already been released and look good, but they take some getting used to.
Our money is now, literally, plastic.

Compared to the paper notes, they're kinda slippery.

Are they harder to counterfeit?

[Zap]

Originally Posted by stephengfm

Are they harder to counterfeit?

I haven't tried to counterfeit the paper or plastic bills, but I would assume the answer is yes.
The new plastic bills introduce the ability to have see through portions of the bill, and they do have portions that are see through. Additionally, they have included other resistant technologies from previous paper bills that make it more difficult. (ie. holograms)

Canadian currency is among the most technologically advanced in the world, but it is still fiat currency and as such, is not worth the paper it's no longer printed on.

Something the Canadian mint has been talking about, which actually is starting to cause a stink is the "mint chip". They are looking to digitize coinage and put it on a debit card. It's supposed to maintain the anonymity of coinage, but we all know digital transactions can/will be traced.