Who carries paper bills anymore?
Pretty soon ... Canada won’t.
The country, which introduced its first $100 polymer bill last year, started printing plastic $50 bills this year -- and will add two more denominations next year. (Australia was the first to switch to plastic banknotes, and now about three dozen countries use them.)
The Canadian bill features two plastic windows, one in the shape of a maple leaf and with a holographic “100” printed inside.
Why? Canada has one of the highest counterfeiting rates: in 2010, $2.6 million was passed in counterfeit bills. The U.S. plans to introduce its own $100 bill with a strip of polymer next year, though no plastic windows will be included.
Take that, counterfeiters!
ViDEO: "Money" by David Guetta
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