Board Thread:Micronations/@comment-15776551-20140924022044/@comment-4251620-20140927082744

@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. Of course the QR code system is less fun. Also, not tattooed, just printed on a card (which can look like any credit card w:c:cs:micronations:STEMMA_Card and then be laminated to protect it, or just printed on plastic from the very start). You can steal the picture, but still, you do need to know the PIN. I should put more security measures up, then even that would mean nothing.