The 2000 IR Nano GPS tracked note - It's a Hoax!

[Yossarian]

Nano-GPS Chips in Rs 2000 Notes: Facts and Fiction

After a day of the stories regarding Rs 2000 currency notes, a new theory started being shared across social media: The new notes are loaded with nano-GPS chips (NGC) which will enable the Govt. to easily track these notes, hence controlling black money transactions.

As per the rumors, NGC chips are actually ‘signal-reflectors’ which would help satellites to track the location of the notes – even if they are ‘120 meters’ below ground level. The logic is that, the satellites will track heavy accumulation of such NGC enabled notes, and will take immediate action to track and seize such money (assuming they are black money)

On that basis, since every note will be constantly 'reflecting' back the signal to the satellite, and with billions of these notes eventually in circulation, can you imagine the processing power needed for satellites to constantly process each and every reflected signal, and track it?

 

[EliteCynical]

Hoax..The value of the chip might supersede the currency value..Cannot be true

 

[Tera Gawaandi]

India can launch multiple dedicated satellites at dirt cheap price, so processing power is not an issue.

Mass producing such chips will be low budget affair as well, given very few 2000 notes will be in circulation (comparatively to 100, 500).

I think such thing is not possible more due to privacy concerns instead of India's tech know-how or monitory reasons.

 

[Tera Gawaandi]

This reminds me of great scene in terrorism satire movie 'Four Lions', senior terrorism instructor asks his students to chew and gulp down their SIM cards, one of them remarks 'they will track you inside you' lol.

 

[AamchiMumbaikar]

On that basis, since every note will be constantly 'reflecting' back the signal to the satellite, and with billions of these notes eventually in circulation, can you imagine the processing power needed for satellites to constantly process each and every reflected signal, and track it?

It's not hoax.

2000 rupee notes will not be introduced in bulk, they will be issues only in limited amount.

Cost of NGC when manufactured in bulk for GOI would cost hardly 10-15 INR.

 

[big_gamer007]

Lets wait for a few days to jump to conclusions we will get to know if it is hoax or truth in a few days..

 

[blue_champion]

When the OP said he busted a hoax,I was expecting some kind of a scientific rebuttal or an article from a valid scientific source...all I see is claims that he has busted a hoax by typing the below )

can you imagine the processing power needed for satellites to constantly process each and every reflected signal, and track it? - See more at: http://www.pakpassion.net/ppforum/s...acked-note-It-s-a-Hoax!!#sthash.JMbqmxC7.dpuf

Could you please educate on any kind of numbers ast to how much power would require...any kind of analysis/numbers would be helpful and insightful and then I would tip my hat off to you for coming up with a rebuttal and actually think about this.

Until then seems like a random pointless rant

 

[Yossarian]

It's not hoax.

2000 rupee notes will not be introduced in bulk, they will be issues only in limited amount.

Cost of NGC when manufactured in bulk for GOI would cost hardly 10-15 INR.

And yet another one who's fallen for it.

It's not whether or not they can be produced/issued - but rather the notion of billions of them constantly reflecting back their serial numbers and locations to satellites, which will need to process each and every one of the incoming reflected signals on a continuous basis.

 

[Yossarian]

When the OP said he busted a hoax,I was expecting some kind of a scientific rebuttal or an article from a valid scientific source...all I see is claims that he has busted a hoax by typing the below )



Could you please educate on any kind of numbers ast to how much power would require...any kind of analysis/numbers would be helpful and insightful and then I would tip my hat off to you for coming up with a rebuttal and actually think about this.

Until then seems like a random pointless rant

Or put it another way, how about the hoax believers using some common sense to figure out the enormity of what is being claimed.

 

[blue_champion]

And yet another one who's fallen for it.

It's not whether or not they can be produced/issued - but rather the notion of billions of them constantly reflecting back their serial numbers and locations to satellites, which will need to process each and every one of the incoming reflected signals on a continuous basis.

How do you know it is not possible? Is there an example or evidence that a similar technology theoretically say at a much more smaller level is currently using a similar tracking mechanism which makes you think this is impossible.

 

[big_gamer007]

And yet another one who's fallen for it.

It's not whether or not they can be produced/issued - but rather the notion of billions of them constantly reflecting back their serial numbers and locations to satellites, which will need to process each and every one of the incoming reflected signals on a continuous basis.

Don't think there would be billions of rs 2000 notes.. Only 2000 rupee notes will have chips and they are probably the least amount of notes Rs 100 and new Rs 500 would be more in sheer number than 2000.. Don't know the exact figure but maybe someone more educated on these matters can give an estimate idea about the number of Rs 2000 notes which will be provided in the market?

 

[Zak_Fan]

Or put it another way, how about the hoax believers using some common sense to figure out the enormity of what is being claimed.

From a pure technological point of view, you are exaggerating the enormity of the challenge quite a lot. Why would something like this require continuous monitoring?

 

[AamchiMumbaikar]

And yet another one who's fallen for it.

It's not whether or not they can be produced/issued - but rather the notion of billions of them constantly reflecting back their serial numbers and locations to satellites, which will need to process each and every one of the incoming reflected signals on a continuous basis.

I replied above that 2000 rupee notes will not be printed in billions, they are printed in limited and controlled fashion if news is true.

Signal reflectors are not costly neither it is a huge cost/ challenge for those controlled number of bundles issued by RBI. So, what's the problem or hoax in this?

 

[blue_champion]

Or put it another way, how about the hoax believers using some common sense to figure out the enormity of what is being claimed.

India in terms of satellite technology has made advances by leaps and bounds....now I am not a science guy to question these claims as I do not have the science to back me up with an intelligent argument to doubt it.

As I said if you are a science and technology whiz...please counter the claims by providing actual scientific rebuttal not bu just randomly constructing a sentence and throwing in a few words there to seem like you actually know what you are talking about.

I am still open to jump on your bandwagon of callign this a hoax...just provide a little more input please

 

[blue_champion]

I replied above that 2000 rupee notes will not be printed in billions, they are printed in limited and controlled fashion if news is true.

Signal reflectors are not costly neither it is a huge cost/ challenge for those controlled number of bundles issued by RBI. So, what's the problem or hoax in this?

I actually for a moment thought he knew what he was talking about but at this point of time,his questioning this seems more like a hoax

 

[www787]

Question: how is inserting a chip will help to control black money transaction?

isn't it form of invading privacy of citizen?

are those dumb questions to ask because I do not understand the reasons?

 

[Zak_Fan]

Question: how is inserting a chip will help to control black money transaction?

isn't it form of invading privacy of citizen?

are those dumb questions to ask because I do not understand the reasons?

You can only invade a person's privacy if you identify who that is. How is that possible with a supposedly "reflective" chip?

 

[AamchiMumbaikar]

Question: how is inserting a chip will help to control black money transaction?

isn't it form of invading privacy of citizen?

are those dumb questions to ask because I do not understand the reasons?

It's not invasion of privacy as it doesn't tell who is that citizen, it only indicates at a location there are sooo many bundles of 2000 rupee notes. Any way we don't know if these notes are getting introduced or not so we can wait till then, it's only 10,20, 50 and 100 bucks till then!

 

[Yossarian]

I replied above that 2000 rupee notes will not be printed in billions, they are printed in limited and controlled fashion if news is true.

Signal reflectors are not costly neither it is a huge cost/ challenge for those controlled number of bundles issued by RBI. So, what's the problem or hoax in this?

As of 2014, there were approx 5 billion 1000 IR in circulation, and approx 11.4 billion 500 rupees in circulation, ie a total of approx 16.4 billion.

Now, if say only one 2,000 IR note get issued for every five 1000 IR notes taken out of circulation, and none of the 11.4 billion 500 IR notes ( and their 11.4 billion x 500 IR value) get replaced by any notes at all, that's still over a billion 2,000 IR notes issued (albeit over a period of time).

(I'm being very conservative with above)



Source : Reserve bank of India
https://www.rbi.org.in/scripts/AnnualReportPublications.aspx?Id=1126

[MENTION=140308]blue_champion[/MENTION] Take note.

 

[desirous of desire]

What'll be its power source ?
Solar Energy? what about notes inside a pocket or a briefcase?
or heat produced while it gets in contact wit something? lol

 

[AamchiMumbaikar]

As of 2014, there were approx 5 billion 1000 IR in circulation, and approx 11.4 billion 500 rupees in circulation, ie a total of approx 16.4 billion.

Now, if say only one 2,000 IR note get issued for every five 1000 IR notes taken out of circulation, and none of the 11.4 billion 500 IR notes ( and their 11.4 billion x 500 IR value) get replaced by any notes at all, that's still over a billion 2,000 IR notes issued (albeit over a period of time).

(I'm being very conservative with above)

View attachment 70495

Source : Reserve bank of India
https://www.rbi.org.in/scripts/AnnualReportPublications.aspx?Id=1126

[MENTION=140308]blue_champion[/MENTION] Take note.

1 billion worth 2,000 notes = 5,00,000. Is it so difficult to track just 5 lakh notes with home grown technology and satellites?

 

[Yossarian]

1 billion worth 2,000 notes = 5,00,000. Is it so difficult to track just 5 lakh notes with home grown technology and satellites?

No, not 1 billion worth of 2,000 IR notes, but 1 billion x 2,000 IR notes. Please read post again.

 

[Yossarian]

^^^^ and that's just a very very conservative example just to give an idea of the scale of number of notes.

 

[AamchiMumbaikar]

No, not 1 billion worth of 2,000 IR notes, but 1 billion x 2,000 IR notes. Please read post again.

That table shows both volume and value of 1000 rupee notes as same. It's incorrect.

 

[desirous of desire]

No, not 1 billion worth of 2,000 IR notes, but 1 billion x 2,000 IR notes. Please read post again.

consider it is true or just one note is used for such purpose how do you think nano GPs will be powered or recharged once inside a note?

 

[Yossarian]

That table shows both volume and value of 1000 rupee notes as same. It's incorrect.

Read again (unless you doubt the reserve bank of India). The number of notes is in millions (first 3 columns) , The value is in billions (the last 3 columns).

Hence 5,000 million 1000 notes is the equivalent of 5,000 billion IR's

 

[Yossarian]

consider it is true or just one note is used for such purpose how do you think nano GPs will be powered or recharged once inside a note?

Exactly. The hoax believers think that the nano GPS will reflect the signal back to a satellite, for it to process on a continuous basis.

 

[AamchiMumbaikar]

Read again (unless you doubt the reserve bank of India). The number of notes is in millions (first 3 columns) , The value is in billions (the last 3 columns).

Hence 5,000 million 1000 notes is the equivalent of 5,000 billion IR's

Ok, I get that now. As I replied earlier, they won't be replacing them with equivalent value worth 2,000 rupee notes and will only be dispatched in limited and monitored way if they are going to be introduced in first place. Eventually I guess only 100 rupee note would be the highest denomination and rest all even if introduced on a temporary basis would be taken out..

 

[desirous of desire]

They are mere reflector chips which mean they are passive and don't need batteries. US, UK, Russia, China, India and Japan all have their own GPS tracking mechanisms.

Some thesis, research paper or news article elaborating it willt be useful for me.

 

[Yossarian]

Ok, I get that now. As I replied earlier, they won't be replacing them with equivalent value worth 2,000 rupee notes and will only be dispatched in limited and monitored way if they are going to be introduced in first place. Eventually I guess only 100 rupee note would be the highest denomination and rest all even if introduced on a temporary basis would be taken out..

In my theoretical example, I allowed only one 2000 IR issued for every five 1000 IR notes recalled.

ie replacing five billion 1000 IR notes (value 5,000 billion IR) with only one billion 2000 IR notes (value 2,000 billion IR)

And zero 2000 IR notes issued for the 11,400,000,000 (11.4 billion) 500 IR notes recalled, representing 5,702,000,000,000 (5,702 billion) Indian rupees.

Taken together, issuing only one billion 2000 IR notes (value 2000 billion IR) for 16.4 billion 1000 IR & 500 IR notes recalled (total value 10,700 billion IR)

Can't get more conservative than that!

 

[JaDed]

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">In Pics: New Rs 2000 Note that will be issued <a href="https://t.co/4NXhNOpxxA">pic.twitter.com/4NXhNOpxxA</a></p>— ANI (@ANI_news) <a href="https://twitter.com/ANI_news/status/796004344617320448">November 8, 2016</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>


There is no chip so lets calm down,they have a satellite in it though

 

[Yossarian]

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">In Pics: New Rs 2000 Note that will be issued <a href="https://t.co/4NXhNOpxxA">pic.twitter.com/4NXhNOpxxA</a></p>— ANI (@ANI_news) <a href="https://twitter.com/ANI_news/status/796004344617320448">November 8, 2016</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>


There is no chip so lets calm down,they have a satellite in it though

Apparently, a special form of ink is used on these notes, ink that contains traces of a substances that is harmless in small quantities, but can reach critical mass (if too many notes are stored together in tightly packed bundles) and start generating heat causing the notes to burst into flames and self-destruct.

Wealthy individuals in possession of large quantities of these notes will be advised to spread them around family members so as to avoid losing all their money.

Bank vaults storing these notes will of course will be equipped with specialised cooling systems to alleviate this issue.

 

[JaDed]

Apparently, a special form of ink is used on these notes, ink that contains traces of a substances that is harmless in small quantities, but can reach critical mass (if too many notes are stored together in tightly packed bundles) and start generating heat causing the notes to burst into flames and self-destruct.

Wealthy individuals in possession of large quantities of these notes will be advised to spread them around family members so as to avoid losing all their money.

Bank vaults storing these notes will of course will be equipped with specialised cooling systems to alleviate this issue.

Is that another forward or any link towards it?

 

[desirous of desire]

So a little search of such passive reflector device has raised few questions in my mind. I am not ridiculing the concept but it is just that I find this topic interesting.

If it is just a reflector that means it has no circuitry involved to provide the serial number of currency note to satellite as it was claimed in an Indian article.

the term Nano is a little misleading in my opinion. Is the size of reflector in nano scale or it uses nano technology ?

If the reflector is passive that means it is just a material and if not, then it is not a reflector and involves some circuitry to communicate with GPS satellites. If it involves some circuitry on nano scale how it will remain powered?

There are reflectors which are fairly of bigger volume(volume of a capsule) than this claimed nano reflector and are used to find mountaineers under tons of snow after avalanche and need concentrated high energy signal emitted from a device in a few meters range near the mountaineer. The reflectors are already sewn inside the jacket of the man buried under snow.

so there are two points:
1)Size of reflector is comparable to the volume of capsule
2)it need concentrated high energy signal from emitter to work

GPS Satellites use radio waves which have lower energy longest wave length and lowest frequency range than other rays in spectrum which means it does not have enough amplitude or energy to reach back to satellite because the wave is not amplified and it is merely reflected back.On the other hand is the size of reflector is not enough for such a weak signal.

 

[Kaptan]

Its a Hoax.
When a reporter asked finance minister Arun jaitley about the chip he said " ye chip wali bat kaha seaye muje nhi pta"

 

[Yossarian]

So a little search of such passive reflector device has raised few questions in my mind. I am not ridiculing the concept but it is just that I find this topic interesting.

If it is just a reflector that means it has no circuitry involved to provide the serial number of currency note to satellite as it was claimed in an Indian article.

the term Nano is a little misleading in my opinion. Is the size of reflector in nano scale or it uses nano technology ?

If the reflector is passive that means it is just a material and if not, then it is not a reflector and involves some circuitry to communicate with GPS satellites. If it involves some circuitry on nano scale how it will remain powered?

There are reflectors which are fairly of bigger volume(volume of a capsule) than this claimed nano reflector and are used to find mountaineers under tons of snow after avalanche and need concentrated high energy signal emitted from a device in a few meters range near the mountaineer. The reflectors are already sewn inside the jacket of the man buried under snow.

so there are two points:
1)Size of reflector is comparable to the volume of capsule
2)it need concentrated high energy signal from emitter to work

GPS Satellites use radio waves which have lower energy longest wave length and lowest frequency range than other rays in spectrum which means it does not have enough amplitude or energy to reach back to satellite because the wave is not amplified and it is merely reflected back.On the other hand is the size of reflector is not enough for such a weak signal.

Now you know why I said it's a hoax, and yet some on this forum are still claiming it not to be the case. Some (in earlier posts) have even tried to ridicule me for saying it's a hoax!

Just one correction re-your post. Most new credit cards issued nowadays contain a micro chip which enables the card reader to read the info on the micro chip wirelessly when the credit card is held close to the credit card reader. The credit cards chip has no in-built battery, meaning it is passive, ie a reflector.

But your point about the strength of a signal needed, to reach to and reflect back from the chip with no internal power source, from a satellite hundreds of miles in the sky is a good point.

 

[troodon]

Its a Hoax.
When a reporter asked finance minister Arun jaitley about the chip he said " ye chip wali bat kaha seaye muje nhi pta"

Someone started it in Watsapp and spread the rumor.

 

[desirous of desire]

Now you know why I said it's a hoax, and yet some on this forum are still claiming it not to be the case. Some (in earlier posts) have even tried to ridicule me for saying it's a hoax!

Just one correction re-your post. Most new credit cards issued nowadays contain a micro chip which enables the card reader to read the info on the micro chip wirelessly when the credit card is held close to the credit card reader. The credit cards chip has no in-built battery, meaning it is passive, ie a reflector.

But your point about the strength of a signal needed, to reach to and reflect back from the chip with no internal power source, from a satellite hundreds of miles in the sky is a good point.

yeah!!! but who spread this story actually?
In case of close proximity magnetic field can be used to power the chip but I have to admit that I dont know about the exact technology used in credit card readers.

 

[Yossarian]

yeah!!! but who spread this story actually?
In case of close proximity magnetic field can be used to power the chip but I have to admit that I dont know about the exact technology used in credit card readers.

Someone started it as a hoax. Then others believed it and spread it.
[MENTION=78116]Tera Gawaandi[/MENTION] then made a post in another thread quoting the hoax article and then arguing against those (like myself) who pointed it out as being a hoax. He was still arguing against it being a hoax in this thread.

 

[Tera Gawaandi]

Someone started it as a hoax. Then others believed it and spread it.

[MENTION=78116]Tera Gawaandi[/MENTION] then made a post in another thread quoting the hoax article and then arguing against those (like myself) who pointed it out as being a hoax. He was still arguing against it being a hoax in this thread.

I never argued against it being a hoax.

I did not relied on Whatsapp forward, gave IndiaToday source.

I only argued against your assumption that India is incapable of any such thing.

 

[Yossarian]

I never argued against it being a hoax.

I did not relied on Whatsapp forward, gave IndiaToday source.

I only argued against your assumption that India is incapable of any such thing.

There's a saying, "When you're in a hole, stop digging!"