The $100 bill just became a lot fancier. While many young techprenuers often debate what type of plastic to use for a big purchase, the U.S. government has decided to make the $100 bill smarter.
With its new appearance, which includes an image of a holographic bell inside a copper inkwell, the Federal Reserve is taking anti-counterfeiting to heart. And, though good ol’ Ben will still feature prominently, the bill’s verdigris tones will fade into history — as more colorful hues surface.
The new note was initially scheduled for release two years ago, but it was postponed due to production delays. The new bill, which is considered the most commonly counterfeited denomination, should be available to all tomorrow.
In written statement following the announcement of the note back in 2010, Larry R. Felix, director of the U.S. Bureau of Engraving and Printing, said: The redesigned $100 note has the most advanced security features of any denomination of U.S. currency. The new 3-D security ribbon and the bell in the inkwell add depth and complexity, providing another layer of protection against counterfeiting.
The New Money website lists features of the $100 bill, including portrait watermark, color shifting 100, raised printing, symbols of freedom and more. In the years since the announcement of the new note, newfangled currencies like Bitcoin and others have become players in the tech world.
How do you expect the new $100 to change your business?
Is a freelance writer in New York. She’s written about personal finance and small business for such publications as The Wall Street Journal, MainStreet.com, Walletpop.com, People magazine. She also works as a freelance producer covering money at ABCNews.com. Little attended Howard University where she studied journalism. She loves drinking wine and tweeting, preferably at the same time. Follow Little on Twitter @Lyneka.
Source Article from http://feedproxy.google.com/~r/entrepreneur/latest/~3/gNz-f2VFlRw/story01.htm