YarelX
73848
2593
49
Nov 20, 2020 4:56 PM
YarelX
73848
2593
49
bignikaus
You guys use cash?
27zipperski
I do believe US $100 and $50 bills have this now.
frawgyxragesxinxme
What's the ratio of Stanley Nickels to Schrute Bucks? Stanley: The same as the ratio of unicorns to leprechauns.
Huhwhatcrazy
America is trapped in the 1970s
Bigbadsmell
Is cause' America is SO free, it's legalized slavery in its prisons AND has stagnated into a bureaucratic hellscape.
nevergoingtogiveyouupnevergoingtoletyoudown
Cause strippers prefer linen. Plastic money is as cold and uncomfortable as it sounds.
itrulydontknowhattosay
I saw a counterfeit 20 recently that looked so real. The only problem was it doesn't say in God we trust on the back
underestimated37
Thats only been on your money since 1956
Howlingowl
And their bills smell like maple syrup
UltraLincoln
They smell like maple syrup
jinxman17
not after its been in a strippers g string it dont
KoryNunn
Australians: welcome to 1988
Kittywurst
I love Australian dollars! Floating and stuff
memeparadise
corruption won't let us advance, lol
becever
Laser show at the strip club with CDN cash is the bomb
goflyblind
yeah, our plastic money is neat, but gotta give it up for the original plastic bills:
MutteringMisanthrope
HereToKickAssAndChewGum
Grafven
Cash will be obsolete soon anyway.
Aefinn
I've used physical cash maybe twice this year. And it hasn't even been because of covid but especially because of that, people should...
Aefinn
...avoid using physical money and pay contactless
spinsymmetry
Honest question, what is the environmental impact of plastic money? I know it can be recycled but is there a central body to oversee this? 1
spinsymmetry
2 Asking because most plastic 'recycling' means dumping it in a third world country or burning it.
UKallikat
Because money has value until it is trashed by the Mint, yeah, it'll go back to be at least shredded.
Dragonfury5
Isn't it also washable?
titaniumsnail
Most bills around the world are. I know the Norwegian one is and it is made of fabric. But the US dollar apparently disintegrates.
geraint616
British notes are all plastic, so they are 100% water proof and incredibly hard to rip
Dragonfury5
Only in extreme circumstances. I've accidentally soaked a few batches in my life, lay them out and they'll usually dry out fine
jollyjack
Because you guys are kinda resistant to making changes to bits of paper.....
harrison100012
American dollars are the currency of choice for Drug lords ,Gangsters,Despots .It makes billions for USA so will not charge design.
GamerZakh
I recent learned my country, Malaysia, has some of the most secure money in the world. Cool to learn about all the security features.
TheobromineAddict
Isn't Malaysian money rather worthless on the international market?
GamerZakh
It's no standard, it's about 4X to USD. So my question is, why does it have so much more security than the supposedly important ones?
GamerZakh
Apparently Malaysian money is so secure that only 1 in 1 million notes are counterfeit. US is 1 in every 10K, 100 times worse.
GamerZakh
Which is why I find it odd that the US doesn't implement more security on their notes.
Samoht
Plus out $100s smell like maple.
ICanadianSoHard
Pretty embarassing though, the maple leaf on our new money is the Norweigan Maple, not the classic sugar maple as seen on our flag
dnebdal
I'd love to report that the fish on the new Norwegian 200s were Canadian salmon, but ... sadly, it's a generic cod.
dnebdal
( https://www.norges-bank.no/en/topics/notes-and-coins/legal-tender-notes-coins/ - 10 NOK is ca 1.45 CAD, or 1:7 .)
Arcanum3000
Remember the cash concept designs from several years ago that had illustrations of scientific accomplishments instead of dead people?
Arcanum3000
Here it is! https://www.wired.com/2014/11/money-designed-celebrate-science-instead-presidents/
Europhoric
If America was a northern European social democracy, this would be its money.
ElBivo
Payment tech is primitive in the US. Debit barely exists, credit card POS all require signature, barely any tap.
Kuhmeister
What do you mean Debit barely exists? Like 99% of places I ever go to take debit and credit cards, and a lot are getting the tap thing now
eggmuffin
The US has been lagging behind, technologically, since the end of the 80s.
NorthernGeek
Welcome to the era of political technology where one side want the 1950s and the other wants the future, who will win stay tuned next time
TablesBobbyTables
Are cheques still a thing?
LetTheWorldBurnSinceNoOneFFFingCares
Where are you from? I'm in KC and I have never been anywhere that is cash only. I use a credit card exclusively and never have to sign
TVPro
AddNapalm
I gave him a dollar yesterday
proracing53
housev1l
I'm entertained by the fact that the image of the Loch Ness Monster on this bill is taken from a movie most of you probably have never seen.
SamanosukeOnimusha
We gotta keep our cotton Industry going somehow
SalmySwims
Aside from using it for fabrics?
maninthedarkness
That's why synthetics are for that are nice and scratchy.
BackwardseverythingsayI
Outlawed been has labor cheap our that now especially.
snapegrape
I see what you did there. And everywhere else. Deux point as
Trippynintendo
... I had a stroke trying to read that
BackwardseverythingsayI
Soon better feel!
Gerthygerth
Get outta here, Yoda
BackwardseverythingsayI
Boss real my not you're!
fistermatic5000
Dafuk
BackwardseverythingsayI
\s Stutter I did, bitch?
goodbyepants
If they get crinkled they stay that way forever. Good luck sticking them in a cash drawer when they aren’t flat. Oh, also they can melt
ministryofpeace
They don't get crinkled all that much. Flatness not much of an issue either. Our notes melt at 347F, does a paper dollar survive at that?
ministryofpeace
Source: 24 years of using 'plastic' money
goodbyepants
But not Canadian money, which I used as a cashier and they both stick and stay wrinkly since you can’t iron them without them melting
ministryofpeace
Nah, this is the Aussie stuff.
ministryofpeace
You can also wet them as much as you want, no issues.
goodbyepants
They stick together super easy too. And you can’t iron them. Or they will melt.
ministryofpeace
Never had a plastic note stick to another after 24 years using them. Are you in big cotton, paper or counterfitting?
CrossLament
IIRC they've been tested as stable up to 140C. If your money is hotter than that you're doing something wrong. XD
eigeress
We couldn't even commit to getting rid of pennies, which cost twice as much as one to produce.
Seigeengine
There's also the $1 (and apparently $2?) bill issue.
eigeress
The $ coin is proving hard for people to get behind. Old habits die stupidly.
Seigeengine
Agreed. Half the price for something that lasts 20 times longer.
yesithinkishall
Does america actually still do pennies
ministryofpeace
Can you even still buy anything, anywhere for a penny? We got rid of our 1cent coins, now considering our 5s
eigeress
Lol, yup. People , I guess old, like them. It's something Congress sees no need to stir up regular voters by going to bat for fiscal sanity.
yesithinkishall
So strange. I haven't even seen a penny in years
eigeress
Look in my car (coin) cup. A kings ransom!
ChrisMorray
That is... the coolest thing Canada. Stay awesome.
Youhavinagiraffe
It's not that unusual to have stuff like this. I remember Nepali Rupees having clear holographic sections back when I was there in 2009
DaveTheScientist
ThatUsernameHasAlreadyBeenChosenAndlsNoLongerAvailable
You should check out the passports
BilboBagginses
Not the coolest. We also have moose.
Whiskeyjack1977
We also have glow in the dark coins with dinosaurs on them.
Techneck
And alien head shaped coins that are blacklight reactive!!
ChrisMorray
WHAT
Kassul42
eg https://www.mint.ca/store/coins/1-oz.-pure-silver-glow-in-the-dark-coin---hatching-hadrosaur---mintage-4000-2019-prod3480020 others exist
KaminoNeko
Pretty sure the Aus and NZ dollars are the same. They definitely have transparent polymer notes, and I'm 99% sure they also have this.
LilandraNeramani
And UK. Its still new
ChrisMorray
Of course... I swear as a European, I love seeing how Australia, New Zealand and Canada do weird but cool things like this.
wandergeist
Aus did it first. I think Canada actually buys it from Aus (funny because Canada makes paper money for other countries)
mirhagk
Yeah Australia was the motivation behind us doing it. Canada and Australia have a weirdly close relationship, sooooo many exchange students
tooomanystevesgotbanned
Fun fact: Australia developed the technology, Canada uses it with permission (or under licence or something).
underestimated37
Yup! We’ve had variants of them since the early 90s!
tooomanystevesgotbanned
Correct! Hello fellow Aussie.
milleniumfalconer
Australia prints a lot of other countries currency because our tech is so good.
Aprilmadness
Additionally the bills smell like maple syrup
Evilpercy
https://nationalpost.com/news/canada/scratch-and-sniff-cash-canadians-ask-bank-of-canada-about-maple-syrup-smell-on-new-bank-notes
fatassetsOG
If only
theyforgotaboutmysoul
Only the $100 does. It’s maple syrup brown in colour too.
zecko1916
They do not. Please stop this rumor
NoChance16
They do, you just need to remember to dip your bills regularly. No one likes that asshole who doesn't maple-cleanse their bills.
fuckyeahmerica
The 50's and 100's 100% smell like Maple syrup. Hahaha look at poor boy here not knowing lol
everlasting1
This. I have a 50 right now that smells of maple. It’s very artificial smelling though, and the Mint has never commented on it. Real tho.
leahatard
It’s a lot closer to maple syrup than old paper money that’s visited the pocket, wallet, and bra strap of hundreds of others.
theyforgotaboutmysoul
They do not. But please continue this rumour because it’s hilarious.
Vungor
Smell your hundreds, release the flavour.
TheHorseShesElbowDeepIn
Considering the huge counterfeiting problems the US has, probably because the handful of people making that decision are getting a cut.
Mikeduds
If it don't make sense, it makes money.
kerms
Uhh, there are all sorts of anti-counterfeiting measures in US bills.
Buhbasaur
Doesn't mean they work. There's still plenty of counterfeiting going on.
SciencePetsComputers
got some sources for that? I did try googling it some, but none of it seems to come up with concerning numbers.
Lightsmith
The US counterfeit problem is because its a global currency.
Ghlargh
I thought the US did a big update a while back, but it turns out the old bills are still valid currency, just not circulated any more.
Darknightinc
You win!!
Titty5prinkles
Completely this
welluhwhatdoyouwantmetosay
The dollar bill has never been redesigned because then machines that accept dollar bills will have to be redesigned.
fartyandbloated
Yeah, and the redesigns are mostly for security but singles arent worth it to counterfeit. Small reward.
welluhwhatdoyouwantmetosay
They get bleached and printed over.
fartyandbloated
That old trick doesn’t work anymore. It’s why the bills have reflective ink, strips, etc. anything above $20 makes it a loss.
podzombie
They have put out a new $20 bill like twice in the last 20 years, wtf are you on about?
welluhwhatdoyouwantmetosay
"dollar bill" $1.
mike13815
As someone who works on bill acceptors, you are very confused as to how easy it is to update them for new bills/currencies.
IndigoThursday
Every other country managed
parkerh17
Easiest way to make money safely from counterfeiting. Buy 5 fake 20s for 20 bucks. Buy weed with said 20s, sell for same price. You 1/
parkerh17
Never have to take the money anywhere official where you could be caught and x5 your money. 2/2
TheobromineAddict
IIRC, most of the really good counterfeit US $100 bills come from North Korea.
HeretiCorpHasAnDFAcannon
Whatabout crime organisations? Dig sites, suitcases, rooms full of cash will be worthless if they're forced to trade it for new dollarbills.
theMonkeyTrap
India did it recently, wasnt so bad.
madeejit
After the £26m Northern Bank robbery in Belfast in 2004, all their bank notes were withdrawn, and a new design issued to hinder laundering.
Treblaine
Generally, the old currency is simply no longer taken by shops but you can deposit it in a bank for a bank balance. Risky to forged currency
HeretiCorpHasAnDFAcannon
And for the ppl who keep money in suitcases because the IRS can't know about. Banks will ask questions if you come to exchange millions USD.
Treblaine
They could have a cash amnesty. Hey, the federal government had an amnesty for illegally owned machine guns to legally register them.
Ghlargh
The way Sweden does it is that old bank notes are no longer legal currency, however they can be sent in to the central bank and the value ->
Ghlargh
-> paid to your bank account for a nominal fee of $20 (200SEK) per transaction. Old coins are just collectibles/paper weights though.
HeretiCorpHasAnDFAcannon
Same as everywhere. What would happen if somebody come with +1000000 SEK cash? Banks and IRS will ask questions.
Ghlargh
They will ask how you got the money, maybe initiate a police investigation or at least charge income tax if you can't prove how you got it.
JMensch
Old currency isn't made worthless, it would be gradually removed from circulation but retain face value.
HeretiCorpHasAnDFAcannon
Worthless as in not a legal tender anymore. The only one who accept it, will be banks where you can get new crisp bills. Why do I say 1/
HeretiCorpHasAnDFAcannon
worthless. Banks (and IRS) are gonna ask questions if you want to replace large amount of old bills. 2/2
FuzzyBear
Not always, UK issued new notes and they will give 6 months notice on 20's https://www.bankofengland.co.uk/banknotes/20-pound-note
FuzzyBear
I stand corrected. "The Bank of England will honour every banknote it has ever issued, no matter how long ago it stopped being legal tender"
FuzzyBear
https://www.which.co.uk/news/2019/09/what-to-do-if-you-find-an-old-5-or-10-note/
JMensch
Let's also factor the US dollar is a global currency. Not so much for Canada. It's a lot easier to reissue money for Canada.
DeKetsendeRechter
Not by choice.
PirateRubberDuck
They have a choice. Use the Dollar when trading oil or be a global super power big enough to stop the US.
NViousWino
That means nothing. Bills can be re issued. Old notes still float around and are still legal tender. You don't need to cancel all old bills
VidiVeniThenSheLeft
That's not what people mean by global currency. There are extremely few countries that use the USD instead of their own.
ReaperCDN
The vast majority of money is digital, not physical.
orangeisthenewbasic
And the vast amount of larceny is digital
JMensch
Ok...but we're talking about paper money here. Literal pallets were flown to US operations in the ME. There is still A LOT of paper money.
ReaperCDN
We're talking about replacing paper money, which is super easy to do.
JMensch
No, we're talking about the ease Canada might have in replacing a mostly domestic currency versus the US and it's global currency.
FrogBotherer
That's not really a problem, old banknotes are pretty regularly taken out of circulation and replaced with fresh ones. And since they -
clipboardfuntime
I mean not really. The new 100’s changed pretty quickly. If you get an old 5, 10, or 20, it feels like a rare treasure.
FrogBotherer
retain face value perpetually, people with large cash reserves can just keep using that.
JMensch
It's not really going to stop forgeries then if you can't recall and reissue all of your money with more secure currency.
sammysixshooter
it is more secure as old notes are only accepted by certain places, and will be Checking every note for a fake
Uristqwerty
But if retail cashiers only have to deal with the new ones most days, it'd be that much harder to sneak forgeries into circulation.
Scalam1
I mean it only took like 3ish years for Canada to totally circulate paper money out. I haven't seen a paper bill in ages now