Fighting Counterfeiters With Quantum Money 149
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by
Soulskill
from the simultaneously-rich-and-poor dept.
from the simultaneously-rich-and-poor dept.
the_newsbeagle writes "This article discusses a proposal to create cash that can't be counterfeited by embedding quantum particles in banknotes. A counterfeiter trying to copy a real bill would have to precisely measure all the attributes of the embedded quantum particles — which is impossible under the tricky laws of quantum mechanics (PDF). MIT computer scientist Scott Aaronson, who famously offered a prize for anyone who could prove quantum computers are impossible, said, 'This is science fiction, but it’s science fiction that doesn’t violate any of the known laws of physics.'"
Re:Gold (Score:4, Insightful)
I agree, it would be utterly horrible if money actually increased in value over time.
Spoken like someone who has never had to repay a loan...