Analysis: Utter hogwash. Again, Mondex makes smart cards, not biochips (and certainly not a billion biochips!). Contrary to what is claimed, no "serious problems" have hindered the distribution or use of these smart cards. The statement "real money will be insecure in the general market" is nonsensical.
Do you get the impression someone is making this up as they go along? Well, they are. And they're trying very hard to make you afraid.