David Eagleman
๐ค SpeakerAppearances Over Time
Podcast Appearances
What's interesting, I'll tell you one of the other recommendations I made to these guys is I said, look, what I've realized from a year of doing this is that a bill is full of distractions, right? The thing, the trees, the flowers, the banners, the eagles, the whatever. Like it's so full of stuff that you would not notice if that tree were missing or the eagle. Like it just doesn't matter.
And what that does is it distracts us from the security features. Therefore, the optimal thing to do would be to have a blank bill with a single hologram in the middle. Holograms are hard to counterfeit. That's it. You just want a single hologram that tells you the money, 20 or 50 or 100. And I made the argument to these guys and they all sat there and they said, you know what?
And what that does is it distracts us from the security features. Therefore, the optimal thing to do would be to have a blank bill with a single hologram in the middle. Holograms are hard to counterfeit. That's it. You just want a single hologram that tells you the money, 20 or 50 or 100. And I made the argument to these guys and they all sat there and they said, you know what?
And what that does is it distracts us from the security features. Therefore, the optimal thing to do would be to have a blank bill with a single hologram in the middle. Holograms are hard to counterfeit. That's it. You just want a single hologram that tells you the money, 20 or 50 or 100. And I made the argument to these guys and they all sat there and they said, you know what?
In theory, we agree with you. The logic of it is indisputable. But what they felt like is money has to be regal looking. And they felt like there's all this cultural momentum to money. And so in the end, they rejected that. They turned it down. But it's a real shame because that's how you stop counterfeiting or reduce it greatly.
In theory, we agree with you. The logic of it is indisputable. But what they felt like is money has to be regal looking. And they felt like there's all this cultural momentum to money. And so in the end, they rejected that. They turned it down. But it's a real shame because that's how you stop counterfeiting or reduce it greatly.
In theory, we agree with you. The logic of it is indisputable. But what they felt like is money has to be regal looking. And they felt like there's all this cultural momentum to money. And so in the end, they rejected that. They turned it down. But it's a real shame because that's how you stop counterfeiting or reduce it greatly.
That's it. That's the whole thing. That's the right way to do it.
That's it. That's the whole thing. That's the right way to do it.
That's it. That's the whole thing. That's the right way to do it.
I hope that is where it'll go 100 years from now. And by the way, let me just note, in case any of the listeners are thinking, hey, who even uses cash anymore? What's interesting is how much it's used around the world. Cash is still king. Really? Despite crypto, despite credit cards, all that stuff. Yeah, because most of the world... is at markets and stalls and flea markets.
I hope that is where it'll go 100 years from now. And by the way, let me just note, in case any of the listeners are thinking, hey, who even uses cash anymore? What's interesting is how much it's used around the world. Cash is still king. Really? Despite crypto, despite credit cards, all that stuff. Yeah, because most of the world... is at markets and stalls and flea markets.
I hope that is where it'll go 100 years from now. And by the way, let me just note, in case any of the listeners are thinking, hey, who even uses cash anymore? What's interesting is how much it's used around the world. Cash is still king. Really? Despite crypto, despite credit cards, all that stuff. Yeah, because most of the world... is at markets and stalls and flea markets.
There's just tons of that stuff going on. Yeah, even still.
There's just tons of that stuff going on. Yeah, even still.
There's just tons of that stuff going on. Yeah, even still.
Yeah, exactly. Obviously, most counterfeiting is the high 50s and 100s in Europe. By the way, there's one other thing about European money, which I suggested to them, which is European money is different sizes. So the 20 and the 50 and the 100. For blind people. Is that the idea? Exactly. Although note that we have blind people in the United States too.
Yeah, exactly. Obviously, most counterfeiting is the high 50s and 100s in Europe. By the way, there's one other thing about European money, which I suggested to them, which is European money is different sizes. So the 20 and the 50 and the 100. For blind people. Is that the idea? Exactly. Although note that we have blind people in the United States too.
Yeah, exactly. Obviously, most counterfeiting is the high 50s and 100s in Europe. By the way, there's one other thing about European money, which I suggested to them, which is European money is different sizes. So the 20 and the 50 and the 100. For blind people. Is that the idea? Exactly. Although note that we have blind people in the United States too.
I don't know, actually.