Space Money Invented

I checked Snopes in case this is a hoax, and they don’t have anything about this yet, but apparently currency dealer Travelex has developed cash money designed to be used in space.

From the Travelex site:

The QUID has been designed to withstand the stresses of space travel and the extreme environment found in orbit around the Earth. It has also been created so that it can be purchased on earth in any one of the 176 currencies used around the globe.

Professor George Fraser from the University of Leicester commented: “None of the existing payment systems we use on earth – like cash, credit or debit cards – could be used in space for a variety of different reasons. Anything with sharp edges, like coins, would be a risk to astronauts while the chips and magnetic strips used in our cards on Earth would be damaged beyond repair by cosmic radiation. What’s more, because of the distances involved, it is more than 230,000 miles from the Earth to the moon, chip and pin technology is also out of the question.”

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