posted on Dec, 24 2010 @ 04:56 AM
Now with a tag in money the border patrol and cops can just use a scanner to find money in cars or at border crossings.
They will not even have to take it out to count it the scanner will read out the amount and add it up.
Its hard(somewhat) to smuggle drugs into the country but very easy to take drug money out of the country till these bills get into circulation.
And if each bill has its own readable # the bank would have a record of who got the bill.
And if later a number of your bills were found in a bundle of drug money the cops would have probable cause to investigate you as a drug user.
Or the drug cops could use a number of known bills in a undercover drug deal and later track who got the money at it went up the chain of the drug
A unknown cartel member taking his drug money and putting it in a bank would identify the cartel member.
Don't expect the government to warn the public about there real plans for using this electronic money.
Its not about counterfeit money(they will get that to) its about tracking drug money or other criminal money.
but they likely will get a few innocent people to once the drug dealers know the money is a trap.
edit on 24-12-2010 by ANNED because: (no