The conversation between human and AI assistant.
What would be the cost of printing a new note if it had a GPS chip?
Yes, please. Also, would adding a GPS chip make the note more secure against counterfeiting?
According to some experts, embedding a GPS chip in a banknote could make it more difficult to counterfeit, as it could allow banks and law enforcement agencies to track the location of the notes and detect any suspicious movements. However, there are also concerns about the practicality and cost-effectiveness of such a measure. As for the cost, I found a report that estimates the additional cost per note to be around 5 cents. Keep in mind that this would be in addition to the regular cost of printing a banknote, which varies depending on the denomination and the country of origin.