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Thread: New £1 Coin The Most Secure In The World, But...

  1. #1
    Join Date
    Sep 2009
    Posts
    2,412

    New £1 Coin The Most Secure In The World, But...

    http://www.bbc.co.uk/news/business-39409313

    ... won't this just pass the loss onto the person in the street?
    So, I get passed a coin from a shop. I don't have a scanner, or the ability to read micro text, so `I` won't know
    is it's legit. However as soon as I try to spend it presumably coin machines and counter staff (?) will have the ability to reject it.
    So what do I do with my counterfeit pound coin? Will the bank replace it?

    Of course this will never happen.

    BTW do you think the `coin chip` was leaked to the press?
    Wouldn't it make more sense not to tell anyone about a secret feature? Or maybe deliberate?

  2. #2
    Join Date
    Oct 2014
    Posts
    28
    BTW do you think the `coin chip` was leaked to the press?
    Wouldn't it make more sense not to tell anyone about a secret feature? Or maybe deliberate?

    Perhaps there is no 'secret feature' ? - the leaked information could do the job in itself.

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