> Hidden high security feature – a high security feature is built into the coin to protect it from counterfeiting in the future. "security through obscurity" as a feature?
What's even the benefit of anti-counterfeiting measures that people don't know about? It doesn't matter if you fail a test that nobody knows to run. Presumably some people will know about it, but who? If banks are the only places that can detect a fake, for example, does that gain you anything? I suppose you can do something like "ah, this bank is getting a lot of fake coins, which means they're probably getting inje…
The new £1 Coin
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Re: The new £1 Coin
#92Re: The new £1 Coin
#93Earlier quoted context omitted.
It's super cool, but this coin is not used in general circulation and is more or less only a collectors item.
That seems weird. Why would they spend 10 years of research to produce a one-off collectors item?
Re: The new £1 Coin
#94Earlier quoted context omitted.
It would be quite amusing if this feature didn't actually exist and it was only an attempt to confuse potential counterfeiters.
-It would definitely be amusing, but given the current state of affairs - basically, the public is ignorant and vending machines are used to weed out the fakes - I don't think your average counterfeiter would care. After all, your fakes don't need to be perfect; they just need to be good enough to enter the system without you getting caught every time. (Which leads me to wonder - how do counterfeiters insert their fa…
Re: The new £1 Coin
#95Earlier quoted context omitted.
Reading the title that's exactly what I expected, discovering that it was simply a redesign of an actual coin was a let down. I guess this is related to the UK being close to falling apart due to brexit.
Lol, how is the UK close to falling apart? Do you mean literally that the union is falling apart or more figuratively speaking that the country is unravelling?
Irrespective of that, it's pretty clear that Brexit will force Westminster into promising drastically increased levels of devolution not just to Wales, Scotland and Northern Ireland, but also to the major urban regions like Greater Manchester and Greater London that will reduce the de facto power of Westminster dramatically and allow the regions to drift even more apart in terms of differences in public policy.
At the same time there is a major split amongst those who considers themselves predominantly or only British or who considers themselves British first vs. those who predominantly see themselves as English, Welsh, Scottish or Irish first, and British second or not at all, with "Britishness" being weak and fractured.
Basically, to a lot of people living here, the UK means as little or even less than the EU, compared to other parts of their identity.
And a lot of the political discourse has been around how the elites ignore people. What people are about to find out is that in that respect the London elite were the ones ignoring them, not Brussels, and accordingly Brexit will not solve any of the problems they had in that respect.
Expect to see increasing upheaval and pressure for more power to be devolved from Westminster as a result. E.g. after the Brexit vote there was a brief flash of people talking about pushing for independence for London, and while that won't happen anytime soon if ever, expect to see those debates flash up again and lead to an actual (if miniscule) political movement at some point over the next couple of years.
I personally think that while the UK may persist in some form, the UK 10 years from now is reasonably likely to exclude Scotland, and the UK 30 years from now is likely to exclude Northern Ireland, and be more like a loose federation with massively devolved powers to Wales and several English regions and at least Manchester and London. Maybe even with increasing support for Welsh independence.
Re: The new £1 Coin
#96The website for the most secure coin in the world only gets a B rating from ssllabs: https://www.ssllabs.com/ssltest/analyze.html?d=www.thenewpou...
I just checked bitcoin.org as a comparision (A+): https://www.ssllabs.com/ssltest/analyze.html?d=bitcoin.org
Re: The new £1 Coin
#97As a UK citizen, it stuns me that one-in-thirty pound coins is a fake because a) i can't imagine how it's possibly worth it b) out of the thousands of pound coins i must have handled, I've never spotted a fake - they must be very good. Still, the new coin certainly looks nice!
You've never had a vending machine or self-service checkout reject a pound coin before? I've held ones which are noticeable lighter and more worn than a real one. You've just never really paid attention.
Re: The new £1 Coin
#98Re: The new £1 Coin
#99Earlier quoted context omitted.
That seems expensive, and easy to find by cutting one apart. I suspect it's something about the metal composition, detected with spectroscopy.
Especially for an object designed for mass circulation, any secret information about such a coin would be found out through various destructive engineering techniques, and then the info would be in the wild anyway. Coins have been proven to work for the past millenia without any major changes and I don't see a space for innovation within it.
Make it look like a normal coin so people can trade by hand, but in any store interaction they could be checked.
Re: The new £1 Coin
#100The website for the most secure coin in the world only gets a B rating from ssllabs: https://www.ssllabs.com/ssltest/analyze.html?d=www.thenewpou...