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Questions tagged [currency]

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40
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0answers
1k views

Does normal paper currency contain enough narcotics residue to attract a drug-sniffing dog?

It seems pretty well established that paper currency (e.g. in the US) is commonly contaminated with trace amounts of cocaine or other illegal narcotics. (See Snopes for instance, though I'm happy to ...
2
votes
0answers
485 views

Can governments destroy the value of Bitcoin, if they wanted to?

Note that this is a question about Bitcoin that is separate from my other question, which had asked whether Bitcoin is a pyramid scheme. Jamie Dimon, the CEO of JP Morgan, claims that the governments ...
2
votes
0answers
739 views

Is bitcoin a pyramid scheme? [closed]

According to the Fortune Magazine article This Billionaire Just Called Bitcoin a 'Pyramid Scheme', Howard Marks said: In my view, digital currencies are nothing but an unfounded fad (or perhaps ...
5
votes
1answer
492 views

Does Germany use the Euro to exploit the US and the EU? [closed]

Trump's advisor Peter Navarro claims that Germany exploits the US and the EU by maintaining the Euro at an all time low. The Guardian for example says: Germany “continues to exploit other ...
5
votes
2answers
3k views

Can Currency Notes be tracked with GPS?

There is this news about Currency Note Tracking with GPS using something called nano-GPS chips? Is this possible to track currency notes using GPS? Can Currency Notes be used as a reflector for GPS? ...
5
votes
2answers
711 views

Did switching to a common currency cause prices to go up in European countries?

Many consumers in the European Union are afraid of switching to Euros since it (reportedly) means increased prices on most products. For example: In order to address consumers' concerns about price ...
7
votes
1answer
350 views

Is the Satoshi Nakamoto outed by Newsweek the creator of Bitcoin? [closed]

Earlier today, Newsweek outed a 64-year-old Japanese-American engineer Satoshi Nakamoto as THE Satoshi Nakamoto who invented Bitcoin. But the article provides little more than circumstantial evidence ...
19
votes
1answer
2k views

Does a customer have the legal right to receive change in whatever denomination they want if the cashier can cover it?

I am a cashier at a gas station in California and I recently had a customer put me in this situation. They prepaid for $50 in gas with a fifty dollar bill and filled their car. They had $19 in ...
12
votes
2answers
12k views

Is the US $20 bill the most counterfeited?

In a comment on "Is it illegal to refuse US currency for a purchase?", @Dan Neely said I don't think the main reason many businesses ban $50/100 bills is that they'd deplete their ability to make ...
84
votes
3answers
62k views

Is it illegal to refuse US currency for a purchase?

I hear this claim every now and then. That US currency is legal tender and that it is illegal to not accept it. The most recent example of this was on an old episode of 30 Rock: The head and the hair....
15
votes
2answers
8k views

Is it possible to identify where Euro banknotes are from?

Some websites claim that you can know which country printed an euro banknote, by looking at the serial number. Is that technique fool-proof ?
17
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2answers
11k views

Has anyone been charged with defacing money?

In many countries it is illegal to deface or destroy money, but has this law ever been enforced? (note: I'm not asking about counterfeiting) Have there been any notable cases of people being charged ...