What are your thoughts on the Canadian Maple coin DNA security feature?

[Prophecy]

Consider every coin is uniquely marked. Whenever it is scanned by a dealer, the Canadian mint authenticates by validating its history with their database. Does anyone know what information the mint has on each coin and does it build over time to create a provenance of information that not only assures its authenticity but removes a layer of privacy for the owner in exchange for that security. Do they guarantee that the only information they hold is the origination of that coin and not a chain of information to the present day?

[ExUmbris]

Never trust a guarantee from the government. They wouldn't waste the time and tech to put something like that in place unless it served them.

[dicker]

I am far from a conspiracy theorist, but having registers for coins is a slippery slope.  

Governments just can’t help themselves when it comes to databases of juicy information  

Best

Dicker

[KDave]

It is just a poorly named security feature if I am understanding this correctly, it has nothing to do with human DNA;

https://www.mint.ca/store/dyn/html/dna/RCM_DNA-User-Guide-EN.pdf

It appears to be a digital coin reader that can identify the legitimacy of coins from the security feature. Nothing more sinister than a serial number. 

I could be wrong.

[Martlet]

As i read their marketing, its a simple authentication device applied to coin, which can show which die a coin is from. Its not individual serial numbers on each coin. 

[Ravoma]

It's nothing sinister I think. It's just proof of legitimacy. 

[onlyroadtoheaven]

47 minutes ago, KDave said:

It is just a poorly named security feature if I am understanding this correctly, it has nothing to do with human DNA;

https://www.mint.ca/store/dyn/html/dna/RCM_DNA-User-Guide-EN.pdf

 

Incorrect. Everything must be a conspiracy theory at the moment. I care not for any evidence of facts. 😊

[KDave]

6 minutes ago, onlyroadtoheaven said:

Incorrect. Everything must be a conspiracy theory at the moment. I care not for any evidence of facts. 😊

Conspiracy theorists love facts and evidence, its just some facts are more equal than others 

[Prophecy]

Here is the guide from the Canadian Mint (pdf)

https://www.mint.ca/store/dyn/html/dna/RCM_DNA-User-Guide-EN.pdf

It's more about how to use it but I do wonder if it was due to the coin's popularity in Asia and the RAMPANT counterfeiting from China. On the other hand, if I was a country in the 5-Eyes alliance... 

Anyway, a gold coin with remote digital dependency for authentication? Just get a bitcoin if it's that important. A slight scratch on the DNA marker and you've got yourself more of a headache than a standard coin.