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How a Simple Crime Led to Plastic Money

Bloomberg Originals 303 views

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Comments

We will never go cashless i only use cash its still important
Comment from : @ImAmadHawksSupporter

I don't why but the indian govt should also make plastic money for more security reasons
Comment from : @farazdanish7612

Cashless means that the banks can charge for EVERY SINGLE TRANSACTION that takes place within the economy They would charge all parties involved, and the charges would creep up over time to reach 'what the market will bare' conditions Only a fool would welcome being bound to a system that will put them under maximum duress for minimum value And if the power goes out
Comment from : @Vlaid65

America should have plastic money 💰
Comment from : @HezekiahBlackwell-k5z

Recycle is a scam
Comment from : @Littlefire71

Loose change tor money don't fold
Comment from : @TheRasta4ri

Never make bank notes of higher denominations Make it less economical to counterfeit and promote digital currency
Comment from : @adwaithvprasad

Banks charge a fee for many eftpos (electronic fund transfer point of sale) transactions in Australia, costing consumers up to 30 cents per transaction This needs to be outlawed Especially if society is cash less
Comment from : @PluckYeah

Going cashless What a great idea! Now the government won't have to print money to print money
Comment from : @MachTucker737

Criminals caught up alright that your the criminals forcing us to do it so all your judicial career 9 to 5 jobs motherfuckers
Comment from : @christosantonopoulos2018

What are you talking about counterfeighting enjoying your new jobs printing to replace the ones i burned its only thermosofting plastic making jobs printing more you know human life is the importantant thing, might want to ask whats motivating them to counterfieght it got ah 100 seagulls their and only throwing em 20 chips maybe?
Comment from : @christosantonopoulos2018

The Polymer Banknote is also coming to the Philippines
Comment from : @NewRepublicMapper

Im in mulbourn
Comment from : @رياضالشربجي

Riad alsorbaji
Comment from : @رياضالشربجي

Ihave oldest Australians puond from 1931 for sale
Comment from : @رياضالشربجي

If it EXISTS, it can be counterfeited It's as simple as that
Comment from : @useraccount2507

The friday joly point because volleyball tentatively support a a last justice plausible, grubby gruesome driving
Comment from : @ashleytaylor6572

Fuck all those motherfuckers who like a cashless society , go Rob your own mothers of banknotes and gold and walk around with USB cards and fake money electronic bullshit
Comment from : @ibs1454

For educational purposes
Comment from : @alwayswinning9910

More plastic for an already plastic infested world !
Comment from : @thevibeswithmarilyn

why arent we making money using recycled plastics
Comment from : @tivicantsleep

I worked for a bank that had branches in the Pacific islands I was told that when the plastic notes came out in Australia AUD's were used in a number of Pacific Islands Fishermen who were paid with plastic money found the sun, heat, salt and chlorine in the sea water reacted with the notes and sometimes the fishermen returned to port with a pocket of clear plastic Back to the chem lab!
Comment from : @mikegord

Plastic notes do exist in Switzerland, they have now for about 1 year
Comment from : @hansmuller5563

2001-Ti crime victim in ms-will a lawyer please tell me do a crime victim pay for a prosecutor attorney
Comment from : @bettygregory1887

Or just use gold coins like in ancient times?
Comment from : @darkmusky9851

Paper money/ plastic money has no intensive value Therefor , they are not money They are called currencies Ohhh, digital / bank money is bogus and fake Current banking system is a deception
Comment from : @karatiaeditlogicprotangail

hope as soon as the polymer passes money in Turkey🇹🇷🇹🇷🇹🇷
Comment from : @oguzturku1986

its like Plumbus
Comment from : @gotcrash9846

At 3:18 peninsular malaysia doesnt exist
Comment from : @junienet

We to use plastic money in libya
Comment from : @dionysus649

Why isnt the euro plastic if it's so widely used!
Comment from : @jamesx2703

Go cashless is the solution of dictatorship !
Comment from : @komecon7975

A cashless is reasonable and cool However I can't understand how willbra government control a cashless
Comment from : @haljack9220

I wish The US had plastic money I hate having wet money when I forget it in the washing machine
Comment from : @pjanoo6973

The first known bank notes dated back to 7th century in China
Comment from : @JC-ij6yu

I hate plastic money I am from Canada I like the USA money the most I am also a coin and bill collecter
Comment from : @lojewest5192

Criminals catching up is the reason we are currently redesigning the bank notes here in Australia They are now even harder to forge
Comment from : @samstudios9908

Aaaaaaaaaaaaaaaaaaahh
Comment from : @JABL53

0:35 - 0:41: That is the cutest retro song that I have ever heard talking about money
Comment from : @foreverplaceholder

Along come the dollars Along came the cents Taking away the pounds and the shillings and the pence 🎶🎵
Comment from : @CrazyGonzalez

Well, English isn't their first language
Comment from : @LipdidStudios

By the way, the only plastic note Brazil ever used was the R$10,00 I haven't seen one of those plastic notes for at least 12 years
Comment from : @FilipeDGuedes

The typo may've been intentional
Comment from : @nodakamakadon

Brazil is not using plastic money anymore It didn't worked out well due to poor quality paint used They are not in use for more than 10 years if I'm not wrong
Comment from : @gutolm

So this is why Canada and Mexico have plastic money
Comment from : @Encryptedte

50 euro banknotes are from plastic
Comment from :

Was the spelling error maybe a security feature rather than just a mistake?
Comment from : @GlennHamblin

How money became the Khazarian grift-machine's fiat-plunder it is today would be a better topicbrbri"Ignorance is Strength" I'm weak/i
Comment from : @kchriscaldwell4141

we need diffrent sized money for blind people to be able to be able to count their money easily
Comment from : @VincentGonzalezVeg

the irony is our latest $50 Australian note has a spelling mistake in the micro printed textbr👏
Comment from : @DursunX

That's right, we'll go totally electronic with no physical means of accountability until the central network is shut down over some "undisclosed" error which wipes out everyone's bank accounts Yea, I know, hysterical ramblings but there was some wisdom to the idea of "physical assets"
Comment from : @TheBHAitken

A true example of "modern problems require modern solutions"!
Comment from : @samuel-cm1fx

I went fully cashless for a few years while living abroad It really felt like living 5 or 10 years into the future Sending and receiving money was stupid easy, and the app even had a few financial instruments for sale, turning even the tiniest amount of money in your account into actual capital instead of just cash That being said, it is true that it records everything you buy and sell, but from a business perspective it made perfect sense (the system played nicely with ERPs and had a proper API, not that unusable SOAP trash banks offer)
Comment from : @cesarbravo822

1:39 That "Chinese envoy sees more turmoil" snippet was an interesting read
Comment from : @cesarbravo822

Im so proud that I'm a Canandian that uses planstinc moneny
Comment from : @cripwalklover8380

NO thanks to a cashless society !brIf I want to buy a 20" dildo and ten beers from a random bar and I don't want my bank or wife to know that - I'd use some cash; not my credit card!!
Comment from : @79ped

I like how Romania is the single European country with plastic money (not including UK)
Comment from : @beveIIen

Who knew the movie version of this with Drake & Josh Go Hollywood would be such a big hit?
Comment from : @RazaKhan-pi6zv

I hate the plastic notes 📝, they are slippery and fly away out my pocket
Comment from : @Marcus51090

3:21 * indonesia colored in blue * bri dont fucking remember if my country had any plastic money
Comment from : @remtromol

bWe use plastic money in Nigeria but thieves still counterfeit them/b
Comment from : @theotherside931

Cashare pop up ads scam???
Comment from : @keithferns6212

If Im correct the United States still uses paper?
Comment from : @jasonRhawt

Hey u forgot Switzerland 3:21
Comment from : @henry67278

Even making it plastic doesn't stop criminals, and this makes us have to rely on the pin pad technologies
Comment from : @hbarudi

I live in Indonesia from the day I was born, and never have I ever saw plastic money in the circulation Nor has the government ever issued it
Comment from : @dennyderawan986

Oh boy Another assault on the ability to exchange money without big brother up in your business I guess people will use Bitcoin now But not in Australia, because their laws trump the laws of mathematics
Comment from : @pkobalt

Spelling mistake is deliberately to counter forgery
Comment from : @ErnestJay88

What is decimal currency?
Comment from : @nikhilshetty007

totuși noi de ce avem?
Comment from : @aliasalin2

Going cashless means that you can never pay for anything without leaving a digital footprint No thank you
Comment from : @kevinvanveen3260

Pobody's nerfect in Australia
Comment from : @stephanemailhot7159

I would disagree that there more durable, they break easily compared to paper bills, for them lasting longer I don't believe it, I have a Malaysian Ringgit, Mexican pesos, Canadian dollar to name a few including a 50 baht plastic money from Thailand dated 1997 they all get brittle and they break
Comment from : @TheRealSpeedWolf

And there's the propaganda you see? Cashless will solve all our problems!
Comment from : @brianlanning836

Bitcoin nnnnnnnnnnnnnn yeah
Comment from : @yunusemreozturk47

I need to confirm that as an Indonesian, we do not have plastic notes as they are not heat-resistant, but we have bank notes made of cotton Nevertheless, I really enjoy this video
Comment from : @楊承豪-h3d

Plastic notes feel better!
Comment from : @SB-ue1lr

Welll Euros and US Dollars are still paper
Comment from : @yeahnoway111

Yes, yes, pesants, go cashless brIgnore the billions of stolen cryptocurrency in the past 2 yearsbrIgnore the privatization, the bank now owns the currency of the peoplebrIgnore being made into sheeple by & to more powerful people, in the underground and at the top
Comment from : @fotoschopro1230

Damn I love Australia but let's see who gets elected tmrw
Comment from : @amarni8117

@3:18 Indonesia used to have 100k rupiah in plastic, but had been stopped from circulation in around 2004
Comment from : @HarpaxA

I think it is time to go cashless
Comment from : @maxwells2602

Bruh in mexico counterfeit money is also used and they also have plastic money
Comment from : @jonathangonzalez7746

You mean how Australia and Britain got plastic money
Comment from : @LightYagami-wt1jw

Kuwait had plastic money missed that one
Comment from : @Q8Police777

My fav money are the CHinese Yuan coins and notes i love the design with the landmarks
Comment from : @Brick-Life

And now the New line of Banknotes are being introduced They are now officially impossible to properly counterfeit Microprint, reflective, transparent, different textures, fluorescent, moving features and a tactile function for the blind It'll now cost thousands of dollars to make a counterfeit note that comes close to looking real
Comment from : @thetrashmaster1352