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a5withtrrs | 1 year ago

You might be surprised to learn that a lot of the world uses polymer banknotes which are siignificantly more durable and last a lot longer than traditional 'paper' based currencies. The are incredibly hard to tear/break and they do not wear out or stretch. We've been using these in Australia since 1996.

https://en.wikipedia.org/wiki/Polymer_banknote

Having handled a fair amount of US currency I can say it _feels_ disgusting to handle after a certain amount of wear and often reminds me of a moist tissue. It also doesn't help that visually the notes all look very similar (as opposed to on polymer notes which have significantly different appearances and colours)

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MildlySerious|1 year ago

I'm aware it's being done already. But I'm not sure it would be a good starting point when designing a new set of notes. Euro banknotes are mostly made from cotton, and a lot of thought and effort is going into reducing the environmental footprint. The most circulated denominations last on average four years, the rest significantly longer I presume. How does that compare to polymer based banknotes?

1jbdg|1 year ago

In Canada they last 8-16 years… polymer notes are unequivocally better. Corruption and inertia is the only reason they are not everywhere. As to plastic pollution, banknotes are already a closed, circular loop and hence you get the miracle properties of plastic without the downside.

codersfocus|1 year ago

The national institution that made them (CSIRO) also held the patent on WiFi. Among many other inventions.

Very interesting organization of Australias, and wish we had something like it in the US.