US Military Gamers - Powered by vBulletin


Results 1 to 7 of 7

Thread: New $100 Bill

  1. #1
    BANNED
    Join Date
    Jan 2010
    Location
    Los Angeles, CA
    Posts
    2,652
    First Name
    Terrell
    Branch
    Airforce

    New $100 Bill

    Last month, when the Treasury Department announced that it was revamping the $100 bill yet again to curtail counterfeiters, the Associated Press said that the new design which employs a new "moving" microprint technology was "like something straight out of the Hogwarts School of Witchcraft and Wizardry."

    To hype the new bill, the Treasury set up a website (http://www.newmoney.gov) featuring a clock counting down the hours, minutes, and seconds to its unveiling. That clock just ran down to zero, with Treasury officials unveiling the new bill at a news conference at 10:15 a.m. ET Wednesday. While Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke were on hand for the occasion, there was thankfully no sign of Lord Voldemort.

    "This note incorporates the best technology available to ensure we're staying ahead of counterfeiters," Geithner said at the unveiling ceremony.

    The makeover is Treasury's latest bid to keep a step ahead of counterfeiters. Officials are especially concerned with the $100 bill the favorite target of counterfeiters, who continually upgrade their tech arsenals with new color-copying and other software.

    One particularly high-quality type of counterfeit $100 bill dubbed the "Superdollar" because it's the product of technology believed to be superior to that used in producing the real thing has been thwarting Treasury enforcers for more than a decade now.

    No one knows the true origins of the Superdollar such mysteries are, after all, the hallmark of successful counterfeiting. In 2005, the U.S. government accused the North Korean government of forging the phony bill, though some believed that accusation to be founded on "shaky evidence." Pop-conspiracy theories swirl wildly around other candidates including, but by no means limited to, the Iranian government, Chinese or Russian organized crime outfits, and the CIA.

    According to a 2006 New York Times Magazine piece by Stephen Mihm, the government's failure to crack the Superdollar case prompted a 1996 redesign the $100 bill, its first since 1928. That version of the bill featured watermarks as its chief anti-counterfeiting tool. The new bill goes way beyond that, featuring a security thread decades in development: the microprinted mobile image that has inspired all the Harry Potter chatter. When the bill is moved side to side, the image on the bill appears to move up and down, and it's moved up and down, the image appears to move side to side.

    The new bill will go into circulation later in the year. Also coming this year: a new design for the $5 bill. Apparently, for some U.S. currency users, it's still not all about the Benjamins.
    [youtube:2i0kcep5]JwEBIC0a4RY[/youtube:2i0kcep5]
    http://news.yahoo.com/s/ynews/201004...s/ynews_ts1718
    http://www.newmoney.gov/newmoney/Default.aspx

  2. #2
    Guest

    Re: New $100 Bill

    That video was epic!! I wonder how much counterfeiting there is with the current $100 to justify this new version? I'm sure they spent a ridiculous amount of money developing this.

  3. #3
    King of the Road
    MaximusR3's Avatar
    Join Date
    Oct 2009
    Location
    San Diego, CA
    Posts
    3,869
    First Name
    Ray
    Branch
    Marines
    Blog Entries
    1

    Re: New $100 Bill

    a lot of counterfeiting was taking place, especially with the ease of using high quality photo printers these days. People would just use household chemicals to take off the ink of a 20 dollar bill and print the image of a 100 on it for 80 dollars profit. This took care of the pen test, since the paper is still the same, and many store employees pay little attention so although they do put it up to a light they don't really look at it. They see a strip in there and a shadowy face and figure it's good. Most times they don't notice that it is not President Franklin's face or that the strip actually says 20 on it. This new design should help out a lot since these new indicators are really visible and will likely take counterfeiters a long while to figure out a way to replicate it

    Gaming is staying up 'til 3am to earn a trophy that isn't real.......BUT IS

  4. #4
    USMG Member
    Join Date
    Feb 2010
    Location
    Pittsburgh, PA
    Posts
    139

    Re: New $100 Bill

    Who needs to counterfit money ?, the pres. is just handing it out to everyone anyways.

  5. #5
    USMG [Retired Staff] Member
    ASignorelli's Avatar
    Join Date
    Feb 2010
    Location
    Turlock, CA
    Posts
    2,163
    First Name
    Andrew
    Branch
    Army
    Blog Entries
    1

    Re: New $100 Bill

    oh la la! Sexy!


  6. #6
    Guest

    Re: New $100 Bill

    Lets make some of our own $100 bills! Who's with me!??!??!?

  7. #7
    Tim's Bromance Partner
    saviger's Avatar
    Join Date
    Sep 2009
    Location
    In the ether between websites
    Posts
    2,643
    First Name
    Ben
    Branch
    Army

    Re: New $100 Bill

    Quote Originally Posted by XpoX
    Lets make some of our own $100 bills! Who's with me!??!??!?
    Lets do it! USMG point bills!
    "Necessity is the plea of every infringement of human freedom. It is the argument of tyrants, it is the creed of slaves"

    William Pitt, 1783



Similar Threads

  1. [PC] Recall Bill
    By Trained2Survive in forum General Chatter
    Replies: 12
    Last Post: 01-16-2011, 20:35
  2. [PC] Recall Bill
    By Trained2Survive in forum General Chatter
    Replies: 12
    Last Post: 01-02-2011, 08:48
  3. Grandma Dies After Power Cut Over Unpaid Bill
    By Pakman3000 in forum Scuttlebutt
    Replies: 6
    Last Post: 06-28-2010, 06:54

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •