Board Thread:Micronations/@comment-15776551-20140924022044/@comment-15776551-20140926234934

@Liam Sinclair

I appreciate your help in this. I enjoyed the article and was unaware of the MintChip. This was just an idea that popped into my head while looking at my hard drive while thinking about Akar's currency system. Thank you for spreading the word. If Akar were to implement this system, it would take quite some time as we are generally primitive in the technological department. I feel this system would work best for a small, technologically savvy micronation with few foreign ties or a union of micronations all on the same currency much like the Euro.

@LurkSAR

I see your points and agree it would be much easier and more cost effective, but for a small micronation with few or no foreign ties, at least where money would come in, it could be a fun little system to add a unique flare to the national identity. It is by no means perfect, but then again no system of currency is. Of the two fleeting thoughts I had, this one seemed much more pleasurable than having a barcode or QR code tattooed on the back of one's hand containing their account information to be scanned when making a transaction. The main driving idea behind this wallet is to provide the flexibility and convenience of an electronic or digital currency while limiting the chances of fraud and theft by taking away most of the networking and heavily monitoring and regulating what networking there is for security. Thinking back, though, the code scanning idea could be implemented with a card setup, eliminating the magnetic strip dangers. On the other hand, stealing the code would be as easy as taking a picture of it. As I said, no system is perfect.