Editing 2335: Photo Deposit
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In addition, the system would be highly vulnerable to {{w|Counterfeit money|counterfeiting}}. Common anti-counterfeiting measures include using distinctive materials and fine details, both of which are difficult to duplicate well enough to fool a human. Smartphone cameras, on the other hand, can't distinguish texture and may not have sufficient resolution to make out that level of detail. Counterfeiters could produce and deposit an almost unlimited number of bills, then destroy them, leaving little evidence of their crime. | In addition, the system would be highly vulnerable to {{w|Counterfeit money|counterfeiting}}. Common anti-counterfeiting measures include using distinctive materials and fine details, both of which are difficult to duplicate well enough to fool a human. Smartphone cameras, on the other hand, can't distinguish texture and may not have sufficient resolution to make out that level of detail. Counterfeiters could produce and deposit an almost unlimited number of bills, then destroy them, leaving little evidence of their crime. | ||
β | As a result, this system would be inherently unworkable, and the party that would suffer from it would be the bank that implemented it in the first place. Which makes it realistic that, if a bank were to implement such a scheme, they'd very quickly realize their error and put an end to it | + | As a result, this system would be inherently unworkable, and the party that would suffer from it would be the bank that implemented it in the first place. Which makes it realistic that, if a bank were to implement such a scheme, they'd very quickly realize their error and put an end to it. |
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