this was actually way more interesting than i expected it to be. he's professional/well-spoken but he keeps it interesting with cool tidbits like that pablo escobar's money made by generations of artisans is still in circulation
Customer came into my job the other week with the fakest $10 bill I've ever seen. Just to humor them I used the counterfeit pen, but if anyone saw it they'd know right away 😂.
Guys is clearly smart but at 0:48 he makes a mistake: Federal reserve notes did not exist yet (Fed started 1914). What he meant is national bank notes, since it was currency created by the federal government not the central bank
Interesting video, but the former Agent was wrong about President Lincoln being concerned about the Confederates printing counterfeit Federal Reserve Notes; the first Federal Reserve Note was printed in 1914. During the Civil War period, most official circulating currency was in the form of Demand Notes, National Bank Notes, and United States Notes.
My friend was getting a $100 bill tattoo and asked me to print him out a picture of both sides, larger than a life size bill for reference. I left it in the printer overnight and my roommate saw it and pulled me aside and was all "I know we're not doing great financially (this was like peak pandemic), but counterfeiting currency is not the answer!" And I just stare at him like he's an idiot. I have a color printer and I printed it black, not to mention it wasn't double sided, I'd have to cut out each side and glue them together. Also they're CLEARLY over 3x the size of a real bill. And it's just the one bill! I told him if I was going to do something that stupid, I'd be way smarter about it 😂
@E B I'm an artist and a perfectionist, I was insulted he thought I'd even consider the garbage in the printer as anything remotely good or even close to passable, not that he thought I'd commit crimes 😂
@chris notyou eh, not exactly. True, all currency has no literal value but more a community based value, but the difference between counterfeit and "real" currency is whether it is authorized, if it was printed by the government body responsible for the currency or not.
The crazy thing to me is that Frank Abignail actually passed the bar, in real life he said it took more than 2 months of studying where as the movie he said 2 weeks, but still, the man passed the Louisiana bar without ever attending a day of law school.
At one point I tried to come up with a way to make un-counterfeitable currency and after like 5 levels of serial numbers, code scanners, recording transactions, and crazy encryption stuff I realised I had just come up with cryptocurrency :P
Why doesn't US money use the more modern security features that other major currencies have adopted? Why not make it harder for the counterfeiters by changing the puzzle they're trying to solve?
For the same reason it's taking them so long to put a women's picture on a banknote - everything is political and nothing changes without a fight. And the vending machines would have to be upgraded as well - and retailers lobby politicians too.
Because the US is secretly a bunch of different countries in a trenchcoat pretending to be one country. The same reason we have social security numbers, one of the least secure and most ineffective methods of identification. We think we're more organized and unified than we really are, and that causes huge security weak points
in live and die in la that was an offset printer, they do not print off of a metal plate they print off of a rubber blanket, the plate does not touch the paper unlike with letterpress or gravure
Hmmm... not sure which scanner you're referring to. I just put a bill in my scanner, it scanned the whole thing just fine. Maybe my scanner doesn't know the rules.
True makes it harder for people to just take out a printer and make some notes but all the same issues of foreign governments and crime organisations still exist
What he said about creating currency on a computer vs. verifying that a currency appears valid on a computer is not necessarily true. That's a classic example of the P vs. NP problem, which has yet to be proven one way or the other.
I was thinking about the same, a banknote can have features that are verifiable but difficult to replicate and that verification should be made automated. The older paper Canadian money had different markings depending on whether used the more common 395nm UV light or the rarer 365nm UV light, a scanner can be made to read both and count the dots. Anyways, I'm not into printing money (fake or real) but it's an interesting problem.
9:20 "Printing boatloads of currency and dumping them in the economy can destroy a country very rapidly." USA in the last 2 years - "Let's print $16 trillion dollars and dump them in the economy!"
That's not accurate. There are only $2 trillion actual dollars in circulation. I assume you're discussing the debt, or treasury bonds. Those are essentially obligations that the US will pay the creditor some amount, plus interest, at a later date. There is no money entering the economy, since the treasury bonds themselves have no direct monetary value until repaid.
vanity fair is wack for including catch me if you can. book just came out last year detailing that he didn't really do most of the things he claimed to do.
@zombiediet you should look up the book. the whole point is that he actually WASN'T a con man most of the time... the biggest con he pulled was getting people to believe his stories.
The man is still a experienced con man, I wouldn't believe him recanting either, I could see him feeling bad and being on the right side of the law now days and being like "I really wasn't that bad, I was lying" we'll which time?
It's weird to see a young Willem Dafoe in the clip of "To Live and Die in LA". When Spider-Man 1 is your first introduction to the man, you always assumed he looked like that.
Those little yellow 100s on the note shown do the same thing, I don't know if they are the same formation. On Australian notes, one side has a small formation usually hiden in flowers and the other is pretty large in an otherwise blank section of the note.
this was actually way more interesting than i expected it to be. he's professional/well-spoken but he keeps it interesting with cool tidbits like that pablo escobar's money made by generations of artisans is still in circulation
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Clear, precise and "just the facts, ma'am" - This gentleman knows the business and how to talk about it. 🤑
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Customer came into my job the other week with the fakest $10 bill I've ever seen. Just to humor them I used the counterfeit pen, but if anyone saw it they'd know right away 😂.
This video is of good enough quality to be used as training for business employees.
They want to see who watched it so they can get leads when the funny money starts floating around.
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Would've loved to have him review the counterfeiting method used in Reacher (Amazon Prime).
I've actually caught a counterfeiter.
He photocopied bills and i knew they were fake by the paper
Guys is clearly smart but at 0:48 he makes a mistake:
Federal reserve notes did not exist yet (Fed started 1914).
What he meant is national bank notes, since it was currency created by the federal government not the central bank
surprised they showed to live and die in LA. it’s very underrated imo. it’s not your average action movie
My favorite movie with Willem Defoe early in his career. Been a fan since.
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I could listen to this man speak for hours.
Interesting video, but the former Agent was wrong about President Lincoln being concerned about the Confederates printing counterfeit Federal Reserve Notes; the first Federal Reserve Note was printed in 1914. During the Civil War period, most official circulating currency was in the form of Demand Notes, National Bank Notes, and United States Notes.
oh sure, mr president glad your here to set him straight
I believe in Money Heist, the Professor is actually quite focused on monetary policy
My friend was getting a $100 bill tattoo and asked me to print him out a picture of both sides, larger than a life size bill for reference. I left it in the printer overnight and my roommate saw it and pulled me aside and was all "I know we're not doing great financially (this was like peak pandemic), but counterfeiting currency is not the answer!" And I just stare at him like he's an idiot. I have a color printer and I printed it black, not to mention it wasn't double sided, I'd have to cut out each side and glue them together. Also they're CLEARLY over 3x the size of a real bill. And it's just the one bill! I told him if I was going to do something that stupid, I'd be way smarter about it 😂
@E B I'm an artist and a perfectionist, I was insulted he thought I'd even consider the garbage in the printer as anything remotely good or even close to passable, not that he thought I'd commit crimes 😂
😂 yeah at LEAST he could give you some credit for being better at crimes!
So my takeaway is that there's still hella lot fake money in circulation even if you can detect it
@chris notyou eh, not exactly. True, all currency has no literal value but more a community based value, but the difference between counterfeit and "real" currency is whether it is authorized, if it was printed by the government body responsible for the currency or not.
It's all fake. It's only worth as much as we collectively agree it does. It has no real value.
Yeah... just printing more money like that would definitely affect the economy.
Live and die I'm L.A. was a great movie.
Really under rated.
It is a good movie, but I haven't seen it in over 30 years and can't find it streaming anywhere :-(
You'd have to think, with all the security details in U.S. bills, it would cost more to print them than their actual worth, unless you printed A LOT.
That's probably why most counterfeiters try and make fraudulent $20, 50, or 100 notes. I heard that below $20, it actually isn't worth doing it.
Amazing how much tech goes into printing nonsense. I've got goldbacks that will probably be worth five times fiat in a year.
The raised ink on genuine currency is why a blind person candistinguish a bill's denomination by feel, so that is very cool.
The crazy thing to me is that Frank Abignail actually passed the bar, in real life he said it took more than 2 months of studying where as the movie he said 2 weeks, but still, the man passed the Louisiana bar without ever attending a day of law school.
Pretty sure he was bullshitting as there was never a record of him or any of his aliases that passed the bar...
we have plastic bills in the UK, with holograms and transparent sections, not easy to photocopy...
At one point I tried to come up with a way to make un-counterfeitable currency and after like 5 levels of serial numbers, code scanners, recording transactions, and crazy encryption stuff I realised I had just come up with cryptocurrency :P
If this man ever gets a chance I want him to check out “gas station encounters” fake 50 video
Why doesn't US money use the more modern security features that other major currencies have adopted? Why not make it harder for the counterfeiters by changing the puzzle they're trying to solve?
There are more security features he didn't talk about but they are classifed, They don't want counterfeiters to know.
For the same reason it's taking them so long to put a women's picture on a banknote - everything is political and nothing changes without a fight.
And the vending machines would have to be upgraded as well - and retailers lobby politicians too.
Don't know why they just didn't do an Australia real hard to counterfeit.
Because the US is secretly a bunch of different countries in a trenchcoat pretending to be one country. The same reason we have social security numbers, one of the least secure and most ineffective methods of identification. We think we're more organized and unified than we really are, and that causes huge security weak points
You heard him, as long as only 9999 of us print off a few hundred dollars a day it's okay. We will have to set up a schedule.
in live and die in la that was an offset printer, they do not print off of a metal plate they print off of a rubber blanket, the plate does not touch the paper unlike with letterpress or gravure
You can't scan a whole bill, the scanner will not allow you to do it. Instead scan it in parts then then merge them together.
Hmmm... not sure which scanner you're referring to. I just put a bill in my scanner, it scanned the whole thing just fine. Maybe my scanner doesn't know the rules.
Australia just doesn’t make our money out of paper
Most modern currencies don't use paper any more and even when we did we were using security features that the US hasn't adopted yet.
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VF uses a Chemex in the credits then sticks our man with a $20 hotel room coffee maker.
Leo is such a good actor bruh
I service ATMs. I rip money all the time clearing jams. It is stronger then you think but will rip
Awesome video!
I was hoping to see Beverley Hills Ninja 😂
In Canada our money is polymer, makes it harder to copy.
You forgot the best counterfeit money movie- Drake & Josh Go Hollywood
🤣🤣🤣 i gotta revisit their movies
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America using cotton currency meanwhile the rest of the world has moved on to plastic bills that are virtually impossible to replicate properly.
This is why the rest of the world has moved to polymer notes
True makes it harder for people to just take out a printer and make some notes but all the same issues of foreign governments and crime organisations still exist
He doesn't blink!
He's back!
What he said about creating currency on a computer vs. verifying that a currency appears valid on a computer is not necessarily true. That's a classic example of the P vs. NP problem, which has yet to be proven one way or the other.
I was thinking about the same, a banknote can have features that are verifiable but difficult to replicate and that verification should be made automated. The older paper Canadian money had different markings depending on whether used the more common 395nm UV light or the rarer 365nm UV light, a scanner can be made to read both and count the dots. Anyways, I'm not into printing money (fake or real) but it's an interesting problem.
Why was Beverly Hills Ninja left out of this montage?
9:20 "Printing boatloads of currency and dumping them in the economy can destroy a country very rapidly."
USA in the last 2 years - "Let's print $16 trillion dollars and dump them in the economy!"
That's not accurate. There are only $2 trillion actual dollars in circulation.
I assume you're discussing the debt, or treasury bonds. Those are essentially obligations that the US will pay the creditor some amount, plus interest, at a later date. There is no money entering the economy, since the treasury bonds themselves have no direct monetary value until repaid.
Makes you wonder
Brilliant !
you can see how inflation was increased so much in last 2 years thanks to printing LEGALLY 24/7
He seems real fun at parties.
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vanity fair is wack for including catch me if you can. book just came out last year detailing that he didn't really do most of the things he claimed to do.
@zombiediet it's called The Greatest Hoax on Earth by Alan Logan
@alloutofnothingatall what's it called my dude?
@zombiediet you should look up the book. the whole point is that he actually WASN'T a con man most of the time... the biggest con he pulled was getting people to believe his stories.
The man is still a experienced con man, I wouldn't believe him recanting either, I could see him feeling bad and being on the right side of the law now days and being like "I really wasn't that bad, I was lying" we'll which time?
Reality of a movie doesnt make it any less or enjoyable
It's weird to see a young Willem Dafoe in the clip of "To Live and Die in LA". When Spider-Man 1 is your first introduction to the man, you always assumed he looked like that.
Why would anyone always assumed he looked like that? Are people that dumb?
Wait, so american dollars still don't use the EURion constellation that makes it impossible to photocopy them?
pretty sure color scanners/printers/copiers predate the EU... I'm sure a determined person could easily photocopy a euro
Those little yellow 100s on the note shown do the same thing, I don't know if they are the same formation. On Australian notes, one side has a small formation usually hiden in flowers and the other is pretty large in an otherwise blank section of the note.
Nice. 101 😄
The Untouchables, Black Rain & etc?
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9:34
Elon musk says hi
Woaf
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That’s Wack Bro
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@Luca Lambert just buy bitcoin a little every month and don't use it in 10 years you'll do well