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Why do these sell for so much more than the value of the note?
If I recall correctly this is because someone found an infinite money glitch and used a credit card that had a big cash back. So he would buy the bills then deposit into his bank account and pay of his credit cards. So now they increased the price to more than the face value.
Steve Wozniak (the Apple cofounder) famously bought sheets of $2 bills, and had a printer perforate and gum them into pads. So he could literally tear off $2 bills, in front of people who might not even know it was real currency, to pay them. https://web.archive.org/web/20180311084811/http://archive.wo...
In the video interview https://www.youtube.com/watch?v=LJ1TIYxm1vM he never demonstrates how he tears them apart after mentioning that they're perforated. To me, it all looks like a 4x1 sheet of $2 bills that you can buy off the US mint. The video interview all sounds like a joke, and he says at some point "No, no it's all a joke". Unless it's a deposition, it's all based on trusting his character and given his lates…
Why is the US one of the few countries that can't keep a consistent design across their bills and still does not have a way for blind people to identify which note they have. They are all the same size and have no embossed markings.
I only wish they sold something practical like non-commemorative quarter rolls, even at a slight upcharge... banks are cracking down on who they allow to redeem cash for equivalently-valued quarter rolls.
Why?
After my condo building's laundry room vendor recently swapped out the card readers for some dodgy IoT app thing, I've started using quarters again, and finding quarters at all is difficult. Most store customer service counters and checkouts have a rule against trading quarters at all, though one did offer to trade up to $2 worth (like for parking meter). All the laundromats that still use quarters have threatening signs on their quarters changers, that it's only for customers. My bank branch limits to 4 rolls per customer (after verifying that you have an account there), and you can often sense that the counter person enjoys the transaction even less than some of the other money-losing services they provide.
Would it be legal to use a sheet like that as currency?
It's not considered legal tender since it's not a note, it doesn't have to be accepted. The cut out notes don't have to be accepted either as it's difficult to determine the authenticity of the sheet itself.
> Is uncut currency legal tender?
> Yes. The individual notes on uncut currency sheets are legal tender.
Earlier quoted context omitted.
In the video interview https://www.youtube.com/watch?v=LJ1TIYxm1vM he never demonstrates how he tears them apart after mentioning that they're perforated. To me, it all looks like a 4x1 sheet of $2 bills that you can buy off the US mint. The video interview all sounds like a joke, and he says at some point "No, no it's all a joke". Unless it's a deposition, it's all based on trusting his character and given his lates…
The sheet on the mints site looks very flat, it doesn't look like it would fold in this manner, this looks like it's been perforated: https://www.instagram.com/starworldlab/p/C-vzStay1yx/?img_in... Curious though, what speaking appearance are you talking about? He always just seems like a jolly old man to me who is a bit out of touch but quite sweet.
He does a lot of public speaking the quality can be gauged by searching "Steve Wozniak conference", and his attendance can be bought https://www.aurumbureau.com/speaker/steve-wozniak/ What kind of message a person who is getting paid by the platform is going to have?
I'm overall not very trusting of his opinion on the current tech. Yes, he had cofounded Apple, and created the first machines but I don't see anything significant that he created after that. He did start a company in 2020 that was backed by the WOZX token (https://www.cnbc.com/2020/12/04/apple-co-founder-steve-wozni...).
Why is the US one of the few countries that can't keep a consistent design across their bills and still does not have a way for blind people to identify which note they have. They are all the same size and have no embossed markings.
[flagged]
Earlier quoted context omitted.
Why?
It costs them money. Also, for years there was a problem with people who'd sift through quarters for rare 1964-and-earlier ones that had silver content, and then return most of the quarters to a bank. And some people would do this in high volume, using coin-sorting machinery, and traveling around the region, to hit many banks. So, a bank branch would lose money on providing the coins and/or lose even more on taking b…
Earlier quoted context omitted.
It's not considered legal tender since it's not a note, it doesn't have to be accepted. The cut out notes don't have to be accepted either as it's difficult to determine the authenticity of the sheet itself.
US Mint FAQ at https://www.usmint.gov/help-center/faqs/paper-currency-and-e... > Is uncut currency legal tender? > Yes. The individual notes on uncut currency sheets are legal tender.
It doesn't say that the whole sheet would be considered as a collection of legal tender. So far I see that the individual notes are legal tender, it doesn't say what happens if you cut it. Everything it says is about uncut currency sheets.