Will Lawyers Soon Be Paid With a Bag of (Mint)Chips?
The august Royal Canadian Mint, birthplace of the lovely golden loonie (but not the snappy new plastic bills) and soon to be the graveyard for the penny, is moving to take metal out of the coin equation altogether. They’re now promoting a plan to implement the MintChip, a system for exchanging value via electronic devices with ease and security:
MintChip brings all the benefits of cash into the digital age. Instant, private and secure, MintChip value can be stored and moved quickly and easily over email, software applications, or by physically tapping devices together.
Wisely, perhaps, the . . . [more]
