Wednesday, July 26, 2006

"Monopoly" Goes Plastic - Bankless Banking Is Next

This photo provided Tuesday, July 25, 2006, by Hasbro Inc., shows a British version of the classic Monopoly board game released this week which abandons traditional paper money, right, for an electronic debit card system. Hasbro, the game's maker, says it's considering similar changes in future editions. Image Credit: AP Photo/Hasbro, Inc.

So, after debit cards, what's next? Credit cards?!

We can see it all now ...

People will be running up hugh debts, renters will not be able to get evicted due to "section 8" rules, players will be able to default on property loans then re-negotiate interest rates and "keep" their car, BOARDWALK and the SHORT LINE Railroad (just like Donald Trump).

How can anyone let this happen? ... Oh yea!, that's right, this will mimick real life - not the ideals of real life.

Excerpts from AP via Yahoo! News -

New Monopoly game uses debit card, no cash
By RAY HENRY - Associated Press Writer - Wed Jul 26, 7:14 AM ET

PROVIDENCE, R.I. - A British version of the classic Monopoly board game released this week substitutes a Visa-imprinted debit card for the stacks of yellow, blue and purple play money long hoarded by children worldwide.

"We started looking at what Monopoly would look like if we designed it today," said Chris Weatherhead, a Britain.-based spokesman for Hasbro Inc., which makes the best-selling board game. "We noticed consumers are using debit cards, carrying around cash a lot less."

British players might not be the only ones switching to plastic. Officials at Pawtucket-based Hasbro say they're considering a similar change for American versions.
In the new British version of Monopoly Here & Now, players type amounts into a palm-sized scanner and swipe their debit cards to seal the deal.

While the change may startle some Monopoly fans, the game has been revised several times before. Consumers can now buy Monopoly editions inspired by the Star Wars and Lord of the Rings movies, or even a version featuring SpongeBob SquarePants, an animated TV character.

An earlier version of Monopoly Here & Now was released last year in England and still included paper money, Weatherhead said.

But the game had been modernized in many other ways. Some addresses have changed — and the game now includes Kensington Palace Gardens, near Buckingham Palace, and Notting Hill Gate, the setting of a 1999 movie starring Julia Roberts.

Cards that once rewarded players for winning a beauty contest now compensate them for winning a reality TV show. Completing a full circuit around the board is worth two million English pounds, not 200.
At least one Monopoly devotee seemed ambivalent about the potential changes.

Krisi Lee of Antioch, Calif., owns 19 versions of the game, including the electronic one on her cell phone. She sometimes competes in a Monopoly tournament run by her mother, which usually attracts about 50 players.

She wants her young daughter to learn how to count Monopoly paper money before touching the real stuff, she said. But Lee, 28, isn't a purist.

"That is the here and now," she said. "That's what we do. For a $3 purchase, I use my debit card."
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