Casino Chips vs American Currency

[allodial]

Article on website suggests casino chips to be more counterfeit resistant than American currency.

The Truth About Counterfeiting Casino ChipsCasino chips are actually harder to forge than American currencysecurity measures[ATTACH=CONFIG]1449[/ATTACH]

What Are Casino Chips Made From?[ATTACH=CONFIG]1450[/ATTACH]

According to beautifulhustle.com:

With casino chips security variations can be with respect to: Color, Graphics, Special Inks, Size, Shape, Markings, Weight, UV , Infrared Inks, RFID / Near Field Communications, Serial Numbers. With U.S. currency very few things are verifiable in real time. However, variations such as weight for coins, serial number for currency, unique inks, embedded strips (RFID some say) are available but hardly verifiable for the most part "in the wild".

Related: Chips no longer as good as cash.

P.S. Is it not ironic that the easiest bill to counterfeit in the USA is the $100 bill (the largest bill in general circulation)?

Related: http://www.halfbakery.com/idea/Casino_20Chip_20Currency

[Chex]

Your Casino Chips vs American Currency post is very interesting allodial.

Thinking about what happened in the past.

April 22, 2005

Oil, gold and commodities have all been priced in US dollars since 1975 when OPEC officially agreed to sell its oil exclusively for US dollars. From 1944 until 1971, US dollars were convertible into gold by central banks in order to adjust for any trade imbalances between countries. Up to that point, the price of gold was fixed at US$35 per ounce, and the price of oil was relatively stable at about US$3.00 per barrel. Once the US ceased gold convertibility in 1971, OPEC producers were forced to convert their excess US dollars by purchasing gold in the marketplace. This resulted in price increases for both oil and gold, until eventually oil reached US$40 per barrel and gold reached US$850 per ounce.


The US has enjoyed inexpensive oil-based energy for nearly a century, and this is one of the prime factors behind the unprecedented prosperity of its economy in the 20th century. While the US accounts for only 5 percent of the world's population, it consumes 25 percent of the world's fossil fuel-based energy. It imports about 75 percent of its oil, but owns only 2 percent of world reserves. Because of this dependency on both oil and foreign suppliers, any increases in price or supply disruptions will negatively impact the US economy to a greater degree than any other nation. http://www.gold-eagle.com/article/go...relationship-0

Crude Oil Production http://www.eia.gov/dnav/pet/pet_crd_...c_mbblpd_m.htm

World Crude Oil Production by Year (Thousand Barrels per Day) http://www.indexmundi.com/energy.asp...aph=productionhttp://marketrealist.com/2013/10/inc...-oil-shippers/http://seekingalpha.com/news-article...r-2013-results

LONDON (Reuters) - The United States will stride past Saudi Arabia and Russia to become the world's top oil producer in 2015, the West's energy agency said, bringing Washington closer to energy self-sufficiency and reducing the need for OPEC supply. http://money.msn.com/business-news/a...12&id=17098999

[allodial]

One could wonder whether speculators drove gold and silver prices up for the purpose of giving rise to elastic currencies. Speculators, like banks aren't true sources of value.