New Money

mintchip people

Royal Canadian Mint Announces Digital Currency

Did you know the Royal Canadian Mint, the agency that produces Canada’s money, has been “actively monitoring the evolution of currency and payment technologies for a number of years”? They have! And they’ve developed their own digital currency, the MintChip.

Apparently the Mint recently diverted some of its research and development funds—who knew mints had these?—into coding MintChip, which uses NFC technology similar to Google Wallet. Today the Mint announced a competition for developers in North America. Build apps with MintChip, which is still in the experimental phase, and you can win $50,000 in gold bullion. Read More

Across the Border

green maple leaf

NYC Biggest Reddit City by Far, But…

New York has the largest Reddit meetup group, which can draw 100 forumsters out on a Tuesday night. The city’s screens also display 9.5 million pageviews a month from the mostly-San Francisco-but-also-kind-of-NYC-based site. But here’s the surprise in the stats released by Reddit today–Canadians spend more time than Americans on the site, 15.72 pageviews per visit versus 15.46. In order to promote cultural understanding, you are now obligated to ask yourself, wait, was that meme Canadian?