Comment on I have $5 genuine United States dollars here.
Ste41th@lemmy.ml 21 hours agoMany countries are transitioning from paper money for example the UK, Australia have somewhat eliminated paper currency. There is more but I can’t think off the top of my head and I do have multiple foreign notes that are not paper.
It’s interesting to see
over_clox@lemmy.world 21 hours ago
Yeah, the USA is generally transitioning away from paper currency as well, but it’s definitely still a thing.
Even if countries decide to totally stop making paper money, they should still accept money still in circulation of noted value for quite a long time.
Should…
Ste41th@lemmy.ml 21 hours ago
True you’d like to think that, but countries like the UK for example have made paper money obsolete meaning you can no longer use them as legal tender.
I believe Australia have a similar process as well. And like you say they should accept paper money for a while but I can’t see some countries just well just making paper money obsolete