I don't believe that inserting a chip under the skin will prevent counterfeiting. We're starting to use biometrics at work to secure our sensitive computers. I have to wear an ID while in the facility anyway, the next system is being installed that uses RF to automatically unlock doors and log your time with in critical rooms. Twelve years ago they used a system where our the barcode on our ID's were read coming and going from the brow. Supervisors could log-in to find out the hours their charges were working and if any had left during duty hours.
Rather than chips I see instant DNA scanners coming around - give them five or ten years. Shave a few cells off the finger and away ya' go.
Not having the slightest thing to worry about I don't see anything proving that I am me via a piece of paper, a piece of plastic, a piece of plastic with a chip inside of it ... the FBI has been so deep into my past over my years of security clearances and reviews, and I've been living a clean life in the years since, who cares if "they" know who I am.
Once you know who I am you can trace my life. It it be with paper files or computer files it's all there like two hundred and fifty million others. I don't worry about satellite tracking, the government watching my credit cars, or X-ray scanners installed by the mall ninjas.
TEOTWAWKI isn't coming because of implanted ID chips but of free health care to the tens millions, open borders, millions of illegal voters, the theft of our children's childhood by the likes of MTV, fatherless hoodlums out of control on our streets, the "dumbing" down of America, a complete and total lack of respect for the values that made this country once great ... these worries I can touch, feel, and see daily about me.
When we worry about alligators in the sewers we forget about the real dangers that we live among everyday. A chip I can get rid of, the moral decay in America I can't.
Just one man's perspective.