UK proposes plastic pounds

[digitalbabe]

Per NBC News:

Britain is pondering plastic pounds.

The Bank of England is considering replacing paper money with polymer bank notes which are billed as cleaner, stronger and more secure.

The bank said Tuesday it will hold a public consultation, bringing samples of plastic money to shopping centers so that the public can feel the difference.

Polymer bank notes — made from transparent plastic film coated with layers of ink — are used by countries such as Australia, Mexico and Canada.

Proponents say they are longer-lasting and harder to forge than paper notes. But critics say the bills are slippery, stick together and do not fold as easily as paper.

A British decision is due by December. If the plan is approved, plastic five-pound notes could be in circulation by 2016.

American bills are considered fabric, made from one part linen and three parts cotton fiber paper. Although green, the currency contains some patriotic elements: Red and blue synthetic fibers are evenly distributed throughout, according to the Federal Reserve.

 

[bigrob]

hardly use notes these days lol

all on the debit card

 

[wyatt03]

I reckon we have enough pastic in our wallets as it is! It can't be a coincidence that one of the countries that already use this plastic money is Canada, which is where out new govenor of the Bank of England is from!


Sent from my Galaxy S4

 

[surfnode]

Would probably get confused with those tokens at the supermarket for giving to charities! lol

 

[wyatt03]

Would probably get confused with those tokens at the supermarket for giving to charities! lol

Only if they started making plastic coins


Sent from my Galaxy S4

 

[Twanky]

just another useless way of the government spending our taxes.

its amazing the ideas they come up with,

---------- Post added at 09:14 AM ---------- Previous post was at 09:13 AM ----------

hardly use notes these days lol

all on the debit card

i thought you got everyone else to pay and just transferred through paypal. lol

 

[bigrob]

just another useless way of the government spending our taxes.

its amazing the ideas they come up with,

---------- Post added at 09:14 AM ---------- Previous post was at 09:13 AM ----------



i thought you got everyone else to pay and just transferred through paypal. lol

unlike you Lee, I have to support my family on just my wage so anything I buy is solely funded by the stuff that I sell

 

[bloodsnake007]

Plastic money? I thought our credit and debit cards were our plastic money! I rarely use cash. Hell, the last time I had cash in my wallet was when I withdrew it to lend it to my brother, that was almost 2 months ago! I use my debit card and paypal for just about everything It just feels safer than carrying cash. But I'm interested if this change will occur and if the U.S.A will follow.