Funny people talk about "forged polymer $100" but offer no proof, no picture. I did my part to provide insight & info about damaged notes but can't do much if people choose not to read and be informed.
@rag5206 yes they are , but if there any damage, banks don't accpet them....what happens when they get a little papercut in them = there worthless......they still carry alot of germs...and they were forged th first week they were out.....so there not that hard
If you Damage it anyway....tear, cut, w/e banks will not accept it.....and the polymer is basicly plastic but stronger, so when its bent, its perminetly bent, unlike paper and go back to natural form....
1 week after it was released, theyre was Fakes alredy being produced....
everyone is switching to Debit/Credit now, i work in the industery and in the last 10 years, Debit/Credit is being used 70% more.....so soon theyer probably wont be any money
@idkwutiam I doubt you really know what you are talking about. Have a read of "Contaminated and Mutilated Bank Notes" in the Bank of Canada site. "The Bank offers a free redemption service for contaminated and mutilated notes. The notes will be carefully examined by an experienced and specially equipped team at our Ottawa laboratory. After this formal evaluation, the team will determine how much the notes are worth. If there is any value, a settlement cheque will be issued to the client."
@idkwutiam The polymer notes have been a fantastic success in Oz their cleaner carry less disease, last for many yrs. very hard to forge. Our new Passports are polymer to. Dozens of countries are buying the technology for Oz even Uncle Sam is considering it.
I think it's a waste of money making these new $100 bills. Most people don't even use $100 bills in day to day spending. Many stores won't even accept $100 bills even if they do have all this fancy technology so what's the point ? The last time I gave a cashier a $100 bill (not the new one) she used some pen on it to check if it was real but if I had given her 5 twenties she wouldn't have cared. If you are going to counterfeit cash, you would have to be dumb to try and counterfeit $100 bills
@AbuBishir The $100 is only Bank of Canada' *first* polymer bills. Part of the reasons in choosing a lower circulation note like $100 is so that they can find and fix any real life problems before the rest of the bills are rolled out.
The $20 is the most widely used bills in Canada (thanks to our automatic bank machines) and that will be updated too soon.
The new Notes are Epic, We had a 100$ note and it was so cool to hold and look at! It's about time we used something the Aussies made beside Mad max :D
@VickyBorean Securency International has done a good job with the innovation with polymer banknotes. From my research, Bank of Canada has also made some contribution in the technologies with the new C$100s although they aren't too specific (probably for security reasons).
A good friend of mine has already created the counterfeit process for this garbage. We live in the u.s. but our professor got back from canada 3 weeks ago with one of these bills saying he had a challenge for us. It took us 5 days to create an exact copy. Willing to sell plans to highest bidder. Fuck canada
@ps3sucks1986 Seriously, to counterfeit the new Canadian polymer $100 needs some sophisticated advanced technologies. Are you guys professional criminals? But why would you advertise your criminal process here? You honestly expect anyone to contact to buy your "plans"? I don't want to laugh at the comments you left but I am laughing much more than feeling offended by what you said about our new state-of-the-art $100.
@ps3sucks1986 By the way, I think our Canadian courts and police take crimes of counterfeit money very seriously. Interested readers can do a Google search of summary-table-sentences-counterfeiting-cases-2011 and can PDF document to read from bankofcanada website.
@canada420mma Money is simply a tool, a easy measurable medium use for exchange of goods. I am glad our society has gone way passed the days of gold/silver standards or other older form of perceived precious matters (be it precious stones, sea shells, etc).
@spamman12123 Yeah, so true. Check out my video of me washing the $100 & putting it in a dryer. Not that we will do it to a $100, but image a $5 or $10 accidentally left in a pair of jeans for wash & dry, it survived very well!
@Tumtumlovesbeer Thanks for sharing your retail prospective! If these $100 lets stores receiving them feel confident of its be a real $100 without spending a ton of time, then it has done its job. Do share with your experience when you take one out to play with. Thanks
Picked a few up, Borden's colours don't look anything like in the BoC propaganda. He's very pink in the actual bill, no brown at all, or anything dark (black). Why would the put out something so different. The centre window doesn't do crap, no matter how much you look through it.
@hagbard72 Actually, the $100 BoC b-roll footage here looks like the one I have in hand and I think they film it ok. I do think the main security feature will be the transparent area with metallic hologram!
@KemptonLam Colours are totally different on the actual bill than in their brochure or their online video. There's not a bit of brown on Borden, and definitely no black. I did finally get that centre window to work, I can now see the denomination my wife cannot. They shouldn't come out with information on how good the security features are then print a different bill, it goes against their stated efforts.
@hagbard72 I think I see what you are saying now, you are probably referring to BoC's "Bank of Canada: The New $100 Note" YouTube video, I just checked that one out, I think the colours in that animation are a bit off in different area. But otherwise it isn't too bad in explaining the security features. May be they can make the animation more realistic next time.
@dompil Can you share your impressions with it? What happen when you fold it? Looks like Calgary local bank branches have the new $100s too! looking forward to play with one myself.
@KemptonLam well, i never tried to fold it in half because its too precious for me atm lol , but look cool, fell weird because its plastic(polymer) i tried to rip it and nothing hapenend just to let you know, sorry for my english im from quebec ;)
@dompil Thanks for sharing your experiments. Yeah, I don't want to rip my $100 too even I know the banks will accept them but I don't like to destroy a brand new $100.
@itsmark1991 candian money ftw i dont think so were just the first in north america auastralia has had plastic money since the 80s i think and trust me it will be counterfeited btw why does the consumer hate on counterfeit money so much most of it is good enough u can just pass it to the next guy and if your money is wet u let it dry it its ripped keep both peices and its still legal tender.....even farther then that u only need the bar code side n the bank will replace it, this is just a waste
cool money, but 2 minutes into this video, i had to mute you. ..i dont know.. soething about your voice, or how you were talking really pissed me off. i know you're asian. it has nothing to do with it. ..i just got annoyed by listening to you speak. lol
Crap, at least with paper money you can burn it to heat your house, when it becomes worthless do to inflation. A 3.2 % rate of inflation was just announced, in the news. In the late 70s as a boy I could buy a chocolate bar for .25 cents, what is it now, 1.25 or more? Have chocolate bars got a whole lot bigger and better or did money lose its buying power? Just keep printing all those bills and debasing the currency, but aleast use paper it smells better when being burnt than plastic.
@3510211 Don't think Bank of Canada is printing any more money, just using different material. So the inflation comment may be cute but isn't really factual.
@kimonji Interesting question. I don't know. I went to a local bank today to try to get the new polymer $100 but they don't have it yet and are still giving out the old $100. So I am guessing they may just keep using the old ones until their "natural end of life" (torn, worn out, damaged, etc).
One thing for sure is the BoC is not printing the old bills anymore.
@KemptonLam I was almost tempted to visit a bank and try to get the new bill, too. I guess I'll try that in December or next year. I hope we get to see them floating around before the previous version of $100 bills are worn out, because vast majority of $100 bills I came across in recent years are still looking very new.
@kimonji Yeah, Dec or next year may be better bet. Mind you, main branches in downtowns or in bigger cities may have it earlier. At least my local branches haven't gotten any yet and they don't know when.
@kimonji Nov 16th update: Just checked with Bank of Canada and got some clarifications. It will take BoC a few weeks to get the polymer $100 notes to different cities and local bank branches. And once the banks have the new $100, they will start removing the old $100 notes from circulation. Meaning if you deposit an old $100, it will be shipped back to Bank of Canada to be destroyed.
@kimonji its just a sneaky way for them to stimulate the economy with more inflation it will take them years tio get all of the old 100s back so it means more money swimming around which means we bought it from international banks an immediate interest tacked on and we probly had to pay to print them ourselves
@JewUnit6 lmao you still believe in the amero, you = fail hahah, why would Canada spend tons of money to produce new notes in polymer, if they seceretly know that this so called amero is coming for all of mexico, us and Canada, simply won`t happen.
@iLuvBarRefaeli well why not they secretly know meaning officialy that they are unaware of the amero, if yer gonna lie yer gonna lie all the way and besides that point every country in europe still prints and uses its own currency as well as the euro so why would we do any different....also they might just print alot less 100 dollar bills then the old ones and 50s and 20s shortening the money supply just one more step towards amero
i havnt looked into the amero for a while so u could be right but yer logic is off, our country and every other for that matter make retarted decisions that dont seem logical all the time ie buying our money for interest on the dollar when we have the right to print our own money and spend it into existence
@JewUnit6 I can tell you right now that I can guarentee that the government of Canada is not going to adopt a currency called the Amero, maybe in 50 years but not anytime soon, Canada will continue to put pictures of its past Prime Ministers on its notes, aswell as continue to use the Loonie and Toonie.
@KemptonLam assuming it takes 2 minute to cut one note manually, it may be the highest paying manual labour work you can find. If you make a cutter, then it is even better.
@KemptonLam the amount of new notes were printing atm is actually less then what were used to printing with the reg paper substrate. Also BoC will be phaseing out the old style notes with the release of the new polymer design.
What kind of polymer are these notes made from? Is it petroleum-based or natural? How much does it cost to print these notes compared to the cotton notes?
@notagoodsitrep Have a read of my March 2011 blog entry (linked indirectly via the June 2011) and you can probably find out mre. Here is an excerpt, "From Guardian® [the substrate used), I then found that it is made by Securency International. And if I had known what to look, I would have found BoC actually stated this in its backgrounder: the polymer substrate will be supplied by Securency International."
@KemptonLam Did some quick digging after reading the post. The substance used to make the notes is called polymer biaxially-oriented propylene. Its a thermoplastic or, in English, it's a plastic that can be formed into a variety of shape at very little cost via application of heat. I believe it may actually be cheaper to print these notes rather than cotton ones! These notes could be recyclable. Thanks from the USA.
@notagoodsitrep Thanks for looking it up. I probably read it in March when I did the research but totally forgot about the details and don't want to mislead anyone. By the way, if you are really (I mean really) into the technology, Securency International owns a bunch of patents and those will overwhelm most people but cool info for geeks as the patens, are by design and by law, kinda like a "how to". Glad you are having fun. May be US Fed will catch up and go polymer? :)
LIBYA WAR?Dead Fish?SCARLET FEVER?North Korea CANNIBALS?UN Chrislam? Boston's Gay Pride Church Mass !!!VISION Of The ATTACK Of ISRAEL That Is Coming! Osama Bin Laden Dead May 1,2011/Hitler Dead April 30,1945 66 Years Apart!Another 6 is coming this year.Microchip-666 in hands and foreheads.Hell is real!Middle East and Israel conflict,WWIII?-Bible Prophecy!TO NON BELIEVERS REPENT SAVE YOUR SOULS.JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO PAUL BEGLEY IN YOUTUBE.
We've been using polymer banknotes in Australia for almost 20 years now and they don't stick together or have any issues with static. Also they are much more durable than paper notes. They last longer, they are harder to tear and you can go swimming with them in your pocket and use them immediately without having to wait for them to dry. I love the polymer banknotes. I believe even Mexico are introducing them, so I guess USA will be the odd one out in North America.
@ornitorrinco01 dureing the production phase of polymer bank notes there is a big difference between paper and polymer, it takes alot more work to "air it out" and we get alot of static with the clear windows over lapping when we load the press. Also to asnwer the question as to how many notes per sheet and how many sheets per pile its 45 notes a sheet and 10000 sheets per pile.
@rwrs83 Thanks for the reply, interesting to hear from the production side of things. All I know is that as the end consumer of the product I have not experienced any issues with the notes sticking due to static. But I notice that the Canadian polymers seem to have a much larger clear window portion than we have here, I wonder if that factor increases the static that you have described during production.
LIBYA WAR? Dead Fish? SCARLET FEVER? North Korea CANNIBALS? UN Chrislam? VISION Of The ATTACK Of ISRAEL That Is Coming! Osama Bin Laden Dead May 1,2011/Hitler Dead April 30,1945 66 Years Apart!Another 6 is coming this year.Microchip-666 in hands and foreheads.Hell is real!Middle East and Israel conflict,WWIII?-Bible Prophecy!TO NON BELIEVERS REPENT SAVE YOUR SOULS.JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO PAUL BEGLEY IN YOUTUBE.
@GovOfWolves I hope the polymer notes will change that because it should be much easier to identify fakes. You gave me an idea. May be we should all try to use the new $100 bills in the first few weeks to get the stores to change their minds re the new $100! And share our experiences with the new $100!
@KemptonLam Well, it is rather frustrating when you make a big purchase and you have to carry so many $20 bills. Perhaps the new bill designs will resolve this because I don't like having to use credit/bank cards all the time (and paying them fees to do so).
@v4552 actually releasing them in phase and a controlled manner, I think, reduces the risk and the stress on the printing press, etc. Plus they can apply lessons learned in the $100 to later notes. Just my guess.
@hater4life20 Agree that paper/tree cost money. But plastic is not indestructible either as they have a life time. It is just that the slight increase in cost is justified (according to BoC) by the longer life time for polymer notes.
@badgerbuddy I think we will get used to it. And if this gets the shop owners to accept $100 bills again, it will worth it! Because right now, way too many stores will simply refuse to accept $100 !!
@topjonn just want to inform you that Australia had a currency fraud scare sometime in 2010. It was involving the printing of fake 50s, it was the first time fakes were printed on polymer. But you're right. Canada's bills have way more security features, so fraudulent currency will be no more.
@GoldennHawk Interesting. Do you have a link to a trusted news source for this Australian case?
I can't find any reputable news sources that talk about this case. And I don't even want to waste time reading/scanning any non-trusted news source. :) After all, it will be funny to base a claim about fake polymer notes on fake news! :)
@TheOriginalZyuZyu I think there are only a limited number of suppliers (it may be just one because of patents), so the similarities in the security features are not a co-incident! :)
@spencer898978 If a country just 'prints off' (mints) more money, the value of their money drops. If they printed off billions of dollars... we would need a wheelbarrow of 20s to buy a loaf of bread. I believe this has happened in history but I can't remember the specific time, or place (it may actually have been Canada but I can't recall right now.)
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and it smells like maple, EH?
supwitaids1 3 weeks ago
Comment removed
nancydr3w2011 1 month ago
Funny people talk about "forged polymer $100" but offer no proof, no picture. I did my part to provide insight & info about damaged notes but can't do much if people choose not to read and be informed.
KemptonLam 1 month ago
@rag5206 yes they are , but if there any damage, banks don't accpet them....what happens when they get a little papercut in them = there worthless......they still carry alot of germs...and they were forged th first week they were out.....so there not that hard
idkwutiam 1 month ago
wow what garbage! not paper no more, its not good enough to wipe my ass with. hahahaha ill stick with real money like gold
ostrich101ful 1 month ago
If you Damage it anyway....tear, cut, w/e banks will not accept it.....and the polymer is basicly plastic but stronger, so when its bent, its perminetly bent, unlike paper and go back to natural form....
1 week after it was released, theyre was Fakes alredy being produced....
everyone is switching to Debit/Credit now, i work in the industery and in the last 10 years, Debit/Credit is being used 70% more.....so soon theyer probably wont be any money
idkwutiam 1 month ago
@idkwutiam I doubt you really know what you are talking about. Have a read of "Contaminated and Mutilated Bank Notes" in the Bank of Canada site. "The Bank offers a free redemption service for contaminated and mutilated notes. The notes will be carefully examined by an experienced and specially equipped team at our Ottawa laboratory. After this formal evaluation, the team will determine how much the notes are worth. If there is any value, a settlement cheque will be issued to the client."
KemptonLam 1 month ago
@idkwutiam I believe most bank notes with minor tear and cut are simply accepted by banks and then submitted to BoC for replacement.
KemptonLam 1 month ago
@idkwutiam The polymer notes have been a fantastic success in Oz their cleaner carry less disease, last for many yrs. very hard to forge. Our new Passports are polymer to. Dozens of countries are buying the technology for Oz even Uncle Sam is considering it.
rag5206 1 month ago
I think it's a waste of money making these new $100 bills. Most people don't even use $100 bills in day to day spending. Many stores won't even accept $100 bills even if they do have all this fancy technology so what's the point ? The last time I gave a cashier a $100 bill (not the new one) she used some pen on it to check if it was real but if I had given her 5 twenties she wouldn't have cared. If you are going to counterfeit cash, you would have to be dumb to try and counterfeit $100 bills
AbuBishir 1 month ago
@AbuBishir The $100 is only Bank of Canada' *first* polymer bills. Part of the reasons in choosing a lower circulation note like $100 is so that they can find and fix any real life problems before the rest of the bills are rolled out.
The $20 is the most widely used bills in Canada (thanks to our automatic bank machines) and that will be updated too soon.
KemptonLam 1 month ago
great! more debt!! wooooooooooo debt slaves
dopeboyhero 1 month ago
Why are the 20s 10s an 5s taking until late 2013 when the 50s and 100s are coming out now?
whats the point of that.
BostonCreamDonut 1 month ago
The new Notes are Epic, We had a 100$ note and it was so cool to hold and look at! It's about time we used something the Aussies made beside Mad max :D
VickyBorean 2 months ago
@VickyBorean Securency International has done a good job with the innovation with polymer banknotes. From my research, Bank of Canada has also made some contribution in the technologies with the new C$100s although they aren't too specific (probably for security reasons).
KemptonLam 2 months ago
A good friend of mine has already created the counterfeit process for this garbage. We live in the u.s. but our professor got back from canada 3 weeks ago with one of these bills saying he had a challenge for us. It took us 5 days to create an exact copy. Willing to sell plans to highest bidder. Fuck canada
ps3sucks1986 2 months ago
@ps3sucks1986 Seriously, to counterfeit the new Canadian polymer $100 needs some sophisticated advanced technologies. Are you guys professional criminals? But why would you advertise your criminal process here? You honestly expect anyone to contact to buy your "plans"? I don't want to laugh at the comments you left but I am laughing much more than feeling offended by what you said about our new state-of-the-art $100.
KemptonLam 2 months ago
@ps3sucks1986 By the way, I think our Canadian courts and police take crimes of counterfeit money very seriously. Interested readers can do a Google search of summary-table-sentences-counterfeiting-cases-2011 and can PDF document to read from bankofcanada website.
KemptonLam 2 months ago
Comment removed
greatwhitenorth112 2 months ago
@greatwhitenorth112 They are coming in the following months. Next to come is 50s. You can find more info from Bank of Canada
KemptonLam 2 months ago
At least you could have burned the old notes to keep warm during hyper-inflation. Now these new notes won't even do that, plus it's toxic.
sciflyer67 2 months ago
@sciflyer67 Before you burn your polymer $100s, please consider donating them to charities. :)
KemptonLam 2 months ago
ugh when are we going to snap out of this coma and realize MONEY ISN'T REAL
canada420mma 2 months ago 4
@canada420mma Money is simply a tool, a easy measurable medium use for exchange of goods. I am glad our society has gone way passed the days of gold/silver standards or other older form of perceived precious matters (be it precious stones, sea shells, etc).
KemptonLam 2 months ago
@KemptonLam im guessing you dont save
ajgolfer1 3 weeks ago
@canada420mma
exactly
oceanrefusesnoriver 1 month ago
@canada420mma
exactly
oceanrefusesnoriver 1 month ago
@canada420mma Then why have people used it for over 5000 years?
Defenstrator 1 week ago
paper or plastic, cash is trash
6geology 2 months ago 2
@6geology want to send me some of your cash ? :)
KemptonLam 2 months ago
man what a job.. seeing all this money every day..
Frequent2001 2 months ago
@Frequent2001 Definitely puts someone in a different frame of mind with money! :)
KemptonLam 2 months ago
I tried looking through the circle from a light source and i saw nothing...
Rawinho 2 months ago
The new money looks cool, but it sucks.
ThePooWalker 2 months ago
@ThePooWalker Why it sucks for you?
KemptonLam 2 months ago
I felt sick watching this video. ALL THAT MOOOOONEY. 8)
magdi1966 2 months ago in playlist Watch Later
@magdi1966 Imagine people who work there everyday! :)
KemptonLam 2 months ago
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"I wonder how many millions are in there, such a stack!"
justhayden15 3 months ago
i hate it with a passion
550ParacordGuy 3 months ago 2
Hey Money Fakers go fuck yourselves !
Embargoman 3 months ago
Well thank you for showing the fakers how to screw themselves I would love to see Ben Franklin made of that material !
Embargoman 3 months ago
100 dollar and 50 dollar came out. 20's, 10's and 5's coming 2013.
XXXminireevesXXX 3 months ago
@XXXminireevesXXX not quite, the 50 is not out til March.
minnescanada 1 month ago
Money of the future. I think this is soo cool I gotta hit the bank and show off. Can't wait until all the bills are like this in 2013 they say
spamman12123 3 months ago
@spamman12123 Yeah, so true. Check out my video of me washing the $100 & putting it in a dryer. Not that we will do it to a $100, but image a $5 or $10 accidentally left in a pair of jeans for wash & dry, it survived very well!
KemptonLam 3 months ago
seen a few today in the till. didn't get to look at em too much but they seemed nice. gonna have to visit the bank and take out 100 to play with one.
Tumtumlovesbeer 3 months ago
@Tumtumlovesbeer Thanks for sharing your retail prospective! If these $100 lets stores receiving them feel confident of its be a real $100 without spending a ton of time, then it has done its job. Do share with your experience when you take one out to play with. Thanks
KemptonLam 3 months ago
Picked a few up, Borden's colours don't look anything like in the BoC propaganda. He's very pink in the actual bill, no brown at all, or anything dark (black). Why would the put out something so different. The centre window doesn't do crap, no matter how much you look through it.
hagbard72 3 months ago
@hagbard72 Actually, the $100 BoC b-roll footage here looks like the one I have in hand and I think they film it ok. I do think the main security feature will be the transparent area with metallic hologram!
KemptonLam 3 months ago
@KemptonLam Colours are totally different on the actual bill than in their brochure or their online video. There's not a bit of brown on Borden, and definitely no black. I did finally get that centre window to work, I can now see the denomination my wife cannot. They shouldn't come out with information on how good the security features are then print a different bill, it goes against their stated efforts.
hagbard72 3 months ago
@hagbard72 I think I see what you are saying now, you are probably referring to BoC's "Bank of Canada: The New $100 Note" YouTube video, I just checked that one out, I think the colours in that animation are a bit off in different area. But otherwise it isn't too bad in explaining the security features. May be they can make the animation more realistic next time.
KemptonLam 3 months ago
Is there a reason y i can't see the ink thingy in the maple leaf of my $100 bill x.x (other than it mite b fake)
Bebe2k5 3 months ago
@Bebe2k5 its not obvious, you have to look close into it from a single point light source, you will see many circles, i thought the same too
JonTheChron 3 months ago
i just got mine today :D!!!!!!!!!!!
dompil 3 months ago
@dompil Can you share your impressions with it? What happen when you fold it? Looks like Calgary local bank branches have the new $100s too! looking forward to play with one myself.
KemptonLam 3 months ago
@KemptonLam well, i never tried to fold it in half because its too precious for me atm lol , but look cool, fell weird because its plastic(polymer) i tried to rip it and nothing hapenend just to let you know, sorry for my english im from quebec ;)
dompil 3 months ago
@dompil Thanks for sharing your experiments. Yeah, I don't want to rip my $100 too even I know the banks will accept them but I don't like to destroy a brand new $100.
P.S. Your English is perfect, no worries.
KemptonLam 3 months ago
I'd like to see what happens when you fold it.
deathysmile 3 months ago
@deathysmile me too!
KemptonLam 3 months ago
Question1: I wonder is this new Canadian dollar bill back by anything?
Question2: Example Gold? any hard assets?
Question3: Are they only replacing 100% of currently existing bills or are planning any quantitative easing they are not telling us about?
Comment: At least i can go for a swim with these :D, so kinda like the gold coin only without the intrinsic value and the weight
YaY more play money!!
pinglia 3 months ago
o.m.g if i worked there i would be in jail right now for trying to steal all that money.... O.o
but its such a good idea to make this money dont have to worry about it ripping or getting washed with ur clothes or counterfit. canadian money ftw
itsmark1991 3 months ago
@itsmark1991 candian money ftw i dont think so were just the first in north america auastralia has had plastic money since the 80s i think and trust me it will be counterfeited btw why does the consumer hate on counterfeit money so much most of it is good enough u can just pass it to the next guy and if your money is wet u let it dry it its ripped keep both peices and its still legal tender.....even farther then that u only need the bar code side n the bank will replace it, this is just a waste
JewUnit6 3 months ago
Comment removed
VibisanTV 3 months ago
Bank of Canada finally decided to copy Mexico's currency.
VibisanTV 3 months ago
cool money, but 2 minutes into this video, i had to mute you. ..i dont know.. soething about your voice, or how you were talking really pissed me off. i know you're asian. it has nothing to do with it. ..i just got annoyed by listening to you speak. lol
KAVELism 3 months ago
Crap, at least with paper money you can burn it to heat your house, when it becomes worthless do to inflation. A 3.2 % rate of inflation was just announced, in the news. In the late 70s as a boy I could buy a chocolate bar for .25 cents, what is it now, 1.25 or more? Have chocolate bars got a whole lot bigger and better or did money lose its buying power? Just keep printing all those bills and debasing the currency, but aleast use paper it smells better when being burnt than plastic.
KiTTeNChaoSS 4 months ago
so where do they send them out?????
harrisonconstantinou 4 months ago
@harrisonconstantinou the $100 bills are scheduled to come out in November 2011 in all major banks.
KemptonLam 4 months ago
@harrisonconstantinou
cant wait to add uncirculated ones to my world money collection
KevinPatrickCarey 3 months ago
@pfdixon86 $_$ That's a lot.
piemeup21 4 months ago
yanks are going to love this ;)
MrBarelylethal 6 months ago
in Hong Kong and many country, there are polymer bank notes, get a bunch of $10 HK bank notes and feel them, its great
HiFiReviewer 6 months ago
@HiFiReviewer I talked about the HK $10 polymer note in my March 2011 article. In fact, I held one when I wrote that article.
KemptonLam 6 months ago
Will we get rid of those notes for a better use of credit cards?
jimaniay 7 months ago
@jimaniay Don't think credit cards will replace cash anytime soon.
KemptonLam 7 months ago
Comment removed
whoo689 7 months ago
meh i prefer bitcoins
3510211 7 months ago
this is what inflation looks like.
3510211 7 months ago
@3510211 Don't think Bank of Canada is printing any more money, just using different material. So the inflation comment may be cute but isn't really factual.
KemptonLam 7 months ago
@KemptonLam So banks take back as many old $100 bills as they can, destroy them, and replace each with the new bill?
kimonji 3 months ago
@kimonji Interesting question. I don't know. I went to a local bank today to try to get the new polymer $100 but they don't have it yet and are still giving out the old $100. So I am guessing they may just keep using the old ones until their "natural end of life" (torn, worn out, damaged, etc).
One thing for sure is the BoC is not printing the old bills anymore.
KemptonLam 3 months ago
@KemptonLam I was almost tempted to visit a bank and try to get the new bill, too. I guess I'll try that in December or next year. I hope we get to see them floating around before the previous version of $100 bills are worn out, because vast majority of $100 bills I came across in recent years are still looking very new.
kimonji 3 months ago
@kimonji Yeah, Dec or next year may be better bet. Mind you, main branches in downtowns or in bigger cities may have it earlier. At least my local branches haven't gotten any yet and they don't know when.
KemptonLam 3 months ago
@kimonji Nov 16th update: Just checked with Bank of Canada and got some clarifications. It will take BoC a few weeks to get the polymer $100 notes to different cities and local bank branches. And once the banks have the new $100, they will start removing the old $100 notes from circulation. Meaning if you deposit an old $100, it will be shipped back to Bank of Canada to be destroyed.
KemptonLam 3 months ago
@KemptonLam Ah ok so it is the case. Thanks for the update
kimonji 3 months ago
@kimonji its just a sneaky way for them to stimulate the economy with more inflation it will take them years tio get all of the old 100s back so it means more money swimming around which means we bought it from international banks an immediate interest tacked on and we probly had to pay to print them ourselves
JewUnit6 3 months ago
@JewUnit6 lose lose situation fro canada................waiting for the amero
JewUnit6 3 months ago
@JewUnit6 lmao you still believe in the amero, you = fail hahah, why would Canada spend tons of money to produce new notes in polymer, if they seceretly know that this so called amero is coming for all of mexico, us and Canada, simply won`t happen.
iLuvBarRefaeli 3 months ago
@iLuvBarRefaeli well why not they secretly know meaning officialy that they are unaware of the amero, if yer gonna lie yer gonna lie all the way and besides that point every country in europe still prints and uses its own currency as well as the euro so why would we do any different....also they might just print alot less 100 dollar bills then the old ones and 50s and 20s shortening the money supply just one more step towards amero
JewUnit6 3 months ago
i havnt looked into the amero for a while so u could be right but yer logic is off, our country and every other for that matter make retarted decisions that dont seem logical all the time ie buying our money for interest on the dollar when we have the right to print our own money and spend it into existence
JewUnit6 3 months ago
@JewUnit6 I can tell you right now that I can guarentee that the government of Canada is not going to adopt a currency called the Amero, maybe in 50 years but not anytime soon, Canada will continue to put pictures of its past Prime Ministers on its notes, aswell as continue to use the Loonie and Toonie.
iLuvBarRefaeli 3 months ago
does anyone think that this new banknote like product Wrapper ?
2001207lim 7 months ago
holy hot dicks from hell...i wish that stack was mine 2:29
M0rph1n 8 months ago
@M0rph1n Thats a lot of $100s and a lot of cutting them down to sizes! :)
KemptonLam 8 months ago
@KemptonLam assuming it takes 2 minute to cut one note manually, it may be the highest paying manual labour work you can find. If you make a cutter, then it is even better.
amsd1231 8 months ago
are these released yet?
SOMEONEBUTWHERE 8 months ago
@SOMEONEBUTWHERE The $100 in Nov 2011.
KemptonLam 8 months ago
@KemptonLam awesome thanks
SOMEONEBUTWHERE 8 months ago
@SOMEONEBUTWHERE 100 in november, 50 in febuary 2012, and 20, 10, and 5 by late 2013
MrBarelylethal 6 months ago
@MrBarelylethal if there is a 2013 :O
cool ty for info
SOMEONEBUTWHERE 6 months ago
@SOMEONEBUTWHERE np
MrBarelylethal 6 months ago
@jroc261 I think BoC did the dryer test and it survived.
KemptonLam 8 months ago
@S0URP4TCHx0x :)
KemptonLam 8 months ago
Im going to laugh when Canada goes into hyperinflation
bestgamer2112 8 months ago
@bestgamer2112 I think BoC is going to print the same amount of money regardless of the material used.
KemptonLam 8 months ago
@KemptonLam the amount of new notes were printing atm is actually less then what were used to printing with the reg paper substrate. Also BoC will be phaseing out the old style notes with the release of the new polymer design.
rwrs83 8 months ago
What kind of polymer are these notes made from? Is it petroleum-based or natural? How much does it cost to print these notes compared to the cotton notes?
notagoodsitrep 8 months ago
@notagoodsitrep Have a read of my March 2011 blog entry (linked indirectly via the June 2011) and you can probably find out mre. Here is an excerpt, "From Guardian® [the substrate used), I then found that it is made by Securency International. And if I had known what to look, I would have found BoC actually stated this in its backgrounder: the polymer substrate will be supplied by Securency International."
KemptonLam 8 months ago
@KemptonLam Did some quick digging after reading the post. The substance used to make the notes is called polymer biaxially-oriented propylene. Its a thermoplastic or, in English, it's a plastic that can be formed into a variety of shape at very little cost via application of heat. I believe it may actually be cheaper to print these notes rather than cotton ones! These notes could be recyclable. Thanks from the USA.
notagoodsitrep 8 months ago
@notagoodsitrep Thanks for looking it up. I probably read it in March when I did the research but totally forgot about the details and don't want to mislead anyone. By the way, if you are really (I mean really) into the technology, Securency International owns a bunch of patents and those will overwhelm most people but cool info for geeks as the patens, are by design and by law, kinda like a "how to". Glad you are having fun. May be US Fed will catch up and go polymer? :)
KemptonLam 8 months ago
In europe we use cotton for our notes....
TheLibertyonline 8 months ago
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TheENTERRAPTURE17 8 months ago
We've been using polymer banknotes in Australia for almost 20 years now and they don't stick together or have any issues with static. Also they are much more durable than paper notes. They last longer, they are harder to tear and you can go swimming with them in your pocket and use them immediately without having to wait for them to dry. I love the polymer banknotes. I believe even Mexico are introducing them, so I guess USA will be the odd one out in North America.
ornitorrinco01 8 months ago
@ornitorrinco01 Thank you so much for sharing your experience. I love people (like yourself) with real world experiences and insight. Very cool.
P.S, It is even cooler that I think this polymer note thing was invented by an Australian company. Very cool!
KemptonLam 8 months ago
@ornitorrinco01 dureing the production phase of polymer bank notes there is a big difference between paper and polymer, it takes alot more work to "air it out" and we get alot of static with the clear windows over lapping when we load the press. Also to asnwer the question as to how many notes per sheet and how many sheets per pile its 45 notes a sheet and 10000 sheets per pile.
rwrs83 8 months ago
@rwrs83 Thanks for the reply, interesting to hear from the production side of things. All I know is that as the end consumer of the product I have not experienced any issues with the notes sticking due to static. But I notice that the Canadian polymers seem to have a much larger clear window portion than we have here, I wonder if that factor increases the static that you have described during production.
ornitorrinco01 8 months ago
@ornitorrinco01 Thanks for sharing your insight. I've updated the video's annotation and credited you. Thanks.
KemptonLam 8 months ago
@rwrs83 Thanks for sharing your insight. I've updated the video's annotation and credited you. Thanks.
KemptonLam 8 months ago
when will we see this?
lilbrunettepr 8 months ago
@lilbrunettepr As noted by others and announced by BoC: $100 nov 2011, $50 march 2012, $5-$20 end of 2013
KemptonLam 8 months ago
@jroc261 Yeah, they look amazing indeed. Stop crocks and makes it easier for us (and the shops) to identify fakes. Amazing indeed.
KemptonLam 8 months ago
what is this you cant just make new money
Xe1887 8 months ago
@Xe1887 You mean printing fakes? :) Nope, you can't as I think the business of printing fakes C$ by most criminals has ended.
KemptonLam 8 months ago
@Xe1887 Yes but that ruins the economy, the amount of new dollar bills printed is displaced by destroying the same-ish amount of old ones.
Bharokronos 8 months ago
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TheENTERRAPTURE17 8 months ago
Not sure what they expect to learn from the new $100 bill when most stores in Canada won't even take a $50 bill, let alone a $100 bill.
GovOfWolves 8 months ago
@GovOfWolves I hope the polymer notes will change that because it should be much easier to identify fakes. You gave me an idea. May be we should all try to use the new $100 bills in the first few weeks to get the stores to change their minds re the new $100! And share our experiences with the new $100!
KemptonLam 8 months ago
@KemptonLam Well, it is rather frustrating when you make a big purchase and you have to carry so many $20 bills. Perhaps the new bill designs will resolve this because I don't like having to use credit/bank cards all the time (and paying them fees to do so).
GovOfWolves 8 months ago
@GovOfWolves Right on. It is silly that we have $100 bills as legal tender but many stores (especially small ones) won't accept them.
KemptonLam 8 months ago
@GovOfWolves where in Canada do u live in?
some stores don't take OLD $100 bills.
lilbrunettepr 8 months ago
Is it true they are doing this for the 5, 10, 20 and 50$ bills as well?
v4552 8 months ago
@v4552 Yah, the 50$ comes out in 2012, and the 5, 10, 20 in 2013.
bbg5000 8 months ago
@bbg5000 wouldn't it be easier to release them all at the same time?
v4552 8 months ago
@v4552 actually releasing them in phase and a controlled manner, I think, reduces the risk and the stress on the printing press, etc. Plus they can apply lessons learned in the $100 to later notes. Just my guess.
KemptonLam 8 months ago
@bbg5000 thanks.
KemptonLam 8 months ago
I think they should update the portraits. Let's put Pierre Trudeau and Lester B Pearson on a note, or a coin.
bbg5000 8 months ago
@bbg5000 I agree! Go Pearson!
CharlieRosek 8 months ago
Those guys who are making the money must be rich hehe
lilaznboy93 8 months ago
I can't wait to see if it will light on fire
Burnabus 8 months ago
when do they come out?
vietbabyxo 8 months ago
@vietbabyxo Nov 2011
KemptonLam 8 months ago
@vietbabyxo $100 nov 2011, $50 march 2012, $5-$20 end of 2013
jellybellies132 8 months ago
@jellybellies132 Thanks.
KemptonLam 8 months ago
@hater4life20 Agree that paper/tree cost money. But plastic is not indestructible either as they have a life time. It is just that the slight increase in cost is justified (according to BoC) by the longer life time for polymer notes.
KemptonLam 8 months ago
@hater4life20 current canadian bank notes arent paper... theyre cotton -__-
skyby21 8 months ago
gees. they made it look more like play money than it already looks like... don't get me wrong, its kinda cool, but still... it looks like play money
badgerbuddy 8 months ago
@badgerbuddy I think we will get used to it. And if this gets the shop owners to accept $100 bills again, it will worth it! Because right now, way too many stores will simply refuse to accept $100 !!
KemptonLam 8 months ago
Looks like it takes more money to make money now.
THEKIDNINTENDOWIIMAN 8 months ago
@THEKIDNINTENDOWIIMAN Last I read, it is cost more but last longer. And the cost-effective analysis business case backs polymer notes.
KemptonLam 8 months ago
@topjonn just want to inform you that Australia had a currency fraud scare sometime in 2010. It was involving the printing of fake 50s, it was the first time fakes were printed on polymer. But you're right. Canada's bills have way more security features, so fraudulent currency will be no more.
GoldennHawk 8 months ago
@GoldennHawk Interesting. Do you have a link to a trusted news source for this Australian case?
I can't find any reputable news sources that talk about this case. And I don't even want to waste time reading/scanning any non-trusted news source. :) After all, it will be funny to base a claim about fake polymer notes on fake news! :)
KemptonLam 8 months ago
This is EXACTLY like the Mexican peso. Go to your local bank and feel their pesos, they have the same thing, even the transparent part, lol
TheOriginalZyuZyu 8 months ago
@TheOriginalZyuZyu I think there are only a limited number of suppliers (it may be just one because of patents), so the similarities in the security features are not a co-incident! :)
KemptonLam 8 months ago
@d2kool594 Thanks
spencer898978 8 months ago
What i don't get is why people are poor when they make millions of dollers an hour.
spencer898978 8 months ago
@spencer898978 If a country just 'prints off' (mints) more money, the value of their money drops. If they printed off billions of dollars... we would need a wheelbarrow of 20s to buy a loaf of bread. I believe this has happened in history but I can't remember the specific time, or place (it may actually have been Canada but I can't recall right now.)
d2kool594 8 months ago
@d2kool594 You're right - it happened in Germany after they went into debt to pay for their war crimes post WW1/WW2.
I believe for every bill they create, one of equal value is removed from circulation and destroyed.
naturalhero 8 months ago
so. much. money.
omfgggggg.
breakingstars 8 months ago
I want one why does it take them soo long to get them out?
sollows1 8 months ago
@sollows1 I think they want to do them right.
KemptonLam 8 months ago
Damn those look awesome, can't wait to get one.
brokenbrainz1 8 months ago
@brokenbrainz1 they look cool. And I think they are more security, easier to verify, and more cost effective too (as they last longer).
KemptonLam 8 months ago
Monopoly money?? I can look into my wallet and grab whatever I'm looking for without even opening it! It's called convenient!
tubeyou443 8 months ago
I wish I worked in a place where they make money so I could say " I make 50 mil a week"
piemeup21 8 months ago 16
@piemeup21 ha ha. :)
KemptonLam 8 months ago
fuck our money looks tacky!
NiggaWiddaAttitude 8 months ago
When will we be able to get these?
SheltonSuperstar 8 months ago
@SheltonSuperstar Nov 2011 for the $100
KemptonLam 8 months ago
when was the last update for our Bills? i can't remember! i can't wait for these! Great update
DJparsons89 8 months ago
@DJparsons89 i believe it was 2003ish
killjoybacon 8 months ago