ARE PHILIPPINE MONEY BILLS USING ABACA OR NOT?
ARE PHILIPPINE MONEY BILLS USING ABACA OR NOT?
Gemini AI (formerly Bard AI) says that Philippine money bills (bank notes) are using abaca fabrics, but the Bangko Sentral ng Pilipinas (BSP) website does not say that it does. Either the BSP is not saying it directly, or the information might be hidden somewhere in the website that I could not find. What it says in the website is that the 1,000-peso bank notes are using a material called polymer.
To be precise, Gemini AI says that “contrary to popular belief, Philippine peso bills are not made purely from synthetic materials”, and it further says that “in fact, they are primarily composed of abaca”. If that is so, why does the BSP not say so directly in their website? Why did they talk more about the features of polymer more than the features of abaca?
Although I agree with the claim of the BSP that the bank notes made with polymer are cleaner and are more cost effective in the long run, I am very much concerned that the BSP might have set aside the objective of using and promoting our own native abaca fabrics. As a matter of fact, it would be ironic if other countries would continue to use abaca, and we are not.
Although the BSP might have failed to elucidate on the real composition of the materials that they used, I am still hoping that Gemini AI would be correct in what it said, that the material used is primarily abaca, and therefore polymer is only a secondary material. Would someone from the BSP come forward to clarify this matter? IKE SENERES/03-24-2024
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