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Old 12-23-2010, 09:47 PM
Simon Willard Simon Willard is offline
 
Join Date: Oct 2006
Location: The sylvan exurbs west of Boston Massachusetts.
Posts: 1,328
Default US currency is marked !

Earth to Noah:

Every note in circulation has a unique serial number. Gold coins do not. Notes can, at least in principle, be electronically scanned and the numbers can be recorded. We don't know what the government does with such data, but I have always assumed it is a potent tool in the arsenal of techniques for tracking illegal activity.

It's not clear how forcing the bad guys to deal in gold coins or Euros would help US law enforcement. If the illegal activity is going to happen anyway, let's tempt them to do it with traceable pieces of paper.

Last edited by Simon Willard; 12-23-2010 at 10:22 PM..
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