The Null Device
Posts matching tags 'currency'
Recently, the Swiss National Bank held a competition to redesign the Swiss Franc banknotes, and got some very handsome submissions:
Good news for British traditionalists today; the EU has abandoned its effort to make Britain go metric. Britain had been given an exemption from the requirement to standardise on metric measurements in 1995, though this was due to expire this year, with miles and pints to be banished from view. Though, with a fierce display of tutting, the Daily Mail-reading little-Englanders gave Johnny Foreigner what for, and he fled with his tail between his legs, leaving Britain to its ancient systems of measurement in perpetuity.
Those aghast at the surrender of modernity to tradition for its own sake, though, need not despair; the law still requires metric measurements to be displayed alongside the traditional ones, and the traditional measurements are defined in terms of the metric ones (a pint, for example, is legally set at 568ml; cursory inspection of a pint glass at any pub will demonstrate this).
Another British tradition, however, was not so lucky; the EU has voted to abolish Britain's right to opt out of the EU's maximum working-hour limits. The Tories, employer groups and the New Labour nomenklatura are, of course, outraged (though the Labour rank and file are, by all accounts, quite pleased), predicting a collapse of productivity and the surrender of the Calvinist work ethic that made Britain great. However, given that the maximum EU working limits prescribe a 48-hour week, averaged over some nine weeks, this doesn't hold water, unless one is running a Dickensian sweatshop.
Finally, the pound's value has recently plummeted, to the point where a pound is rapidly approaching one euro. Which has caused some commentators to suggest that maybe Britain joining the euro is not such a bad idea. Which may be the case; certainly, the traditionalist argument for retaining the pound doesn't hold much water, given that the modern decimal pound is a dollar/euro-style decimal currency which replaced the ancient pound in 1971; the difference between it and, say, the Australian dollar (another currency hewn from pounds, shillings and pence at about the same time) is that Britain decided to name its new currency after the old one. Britain joining the euro would make things easier for those travelling to/from or trading with continental Europe (or, indeed, Ireland). The question which has most bearing on the pros and cons of the euro is whether Britain's monetary policy being fixed to the Eurozone would help or harm the British economy; this is a question I'm not qualified to answer.
Not all that long after voting to adopt software patents, the EU are moving to legally require currency detection code in all image-processing software. This looks likely to either (a) be utterly ineffective, or (b) be mostly ineffective whilst effectively outlawing open-source graphics software. The precedent it sets is not a good one either; how long until paracopyright enforcement is mandated to be built into anything processing audio or video data, or indeed any copyrightable data?
Meanwhile, British Telecom have taken steps to block access to child pornography websites. A laudable sentiment, though one worries that the site-by-site censorship infrastructure required to implement this could easily be extended to blocking other things (overseas news sites publishing things violating the Official Secrets Act, for example, or MP3 download sites that piss off the local recording industry). One brave step towards the Singaporisation of the internet.
Meanwhile, the RIAA's latest campaign to defend the foundations of capitalism from the enemy within will involve putting fingerprint readers into music players to ensure that nobody who didn't pay for music gets to listen to it. Welcome to the Digital Millennium; make sure you've paid your way.
A PDF document showing the "EURion constellation"; this is a constellation of five 1mm circles found on European and British banknotes, and recognised by colour photocopiers. (The piece doesn't show exactly which five circles are the constellation, though if it's there, it shouldn't be too hard to find it.) I'm not sure whether the pattern used on US banknotes (and now recognised by commercial image-processing software) is the same or different, or what other anti-copying patterns are used on other currency. Though if each country had its own, it would use a lot of CPU cycles to detect. (via jwz's comments)