In Bitcoin Era, Euro Still Grappling with Counterfeiters

The European Union has released a new 50 note with advanced security features as a measure to fight counterfeiting. Unlike its multiple fiat counterparts, counterfeiting is not a problem with Bitcoin.
Europe’s New 50 Note
The 50 note is the most widely used in circulation, accounting for 45% of all euros in circulation. As such, it is a prime target for counterfeiters. The European Central Bank has therefore implemented multiple new security features in the notes, which counterfeiters will find hard to replicate. These include a hologram of Europa (a figure from Greek mythology), a new watermark and a new emerald green reflective paint. These new notes are expected to come into circulation in April 2017.

This post was published at Coin Telegraph on 2016-07-11.