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Uncut Currency

usmint.gov

41–50 of 421 posts

Re: Uncut Currency

#41
post #16
post #11

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...

The video where he is showcasing it.. https://www.instagram.com/reel/DDHTkowSkUM/

reading the comments gave me a headache...

Re: Uncut Currency

#42

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.

It is already big a deal to change the images on currency (no matter what country). Given the US dollar is viewed as somewhat of a standard, you can imagine that to change its size/shape would be quite difficult to generate enough political enthusiasm for.

Re: Uncut Currency

#43
post #40
post #36

Earlier quoted context omitted.

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.

> 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.

> it doesn't say what happens if you cut it.

It does though?

> Can I cut uncut currency sheets? What happens if the notes on my sheet were cut apart?

> Because the individual notes on uncut currency sheets are legal tender, they may be cut apart and spent. Were you to do this, they would only be valued at their face value, even though you would have paid more than their cumulative value for the uncut currency sheet.

Re: Uncut Currency

#44
post #37
post #25

Earlier quoted context omitted.

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.

The one that irked me the most was his cameo for a dubious crypto startup https://news.ycombinator.com/item?id=38855645 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…

Fair enough, I agree he's super out of touch, just wanted to make sure he wasn't speaking at something really really bad.

To save anyone else a google: he is indeed behind a crypto project properly it seems, and the token looks very much like a rug[1], and the cameo thing is real and it seems odd he's not savvy enough to do some background on it/know not to shill NFTs[2]. Speaking fee thing doesn't bother me personally, even I'm on one of those stupid things, they give pretty huge retainers and the money is great. Saw Woz is charging 100k an event, ha!

[1]https://www.coinbase.com/price/efforce [2]https://behindmlm.com/companies/hyperfund/steve-wozniak-2nd-...

Re: Uncut Currency

#45

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.

The thing I cannot fathom is why quarters are so huge, considering they’re nearly valueless. Then you need whole stacks of $1 bills to pay anything relevant. I find both constantly cluttering up my wallet.

Re: Uncut Currency

#46
post #35

Earlier quoted context omitted.

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…

It's been a very very long time since I've seen a silver quarter in circulation.

There were enough to make searching worthwhile. Then people switched to half-dollars. I assume the supply is cleaned out now, though.

I did get a silver quarter in circulation maybe a decade ago, in change at a pop-up farmer's market stand. I recognized it immediately: it's a whiter, more satiny look.

Re: Uncut Currency

#47

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.

It is already big a deal to change the images on currency (no matter what country). Given the US dollar is viewed as somewhat of a standard, you can imagine that to change its size/shape would be quite difficult to generate enough political enthusiasm for.

The US has last partially defaulted on its currency in 1971, surely a change of the design is possible too.

Re: Uncut Currency

#48
post #35

Earlier quoted context omitted.

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…

It's been a very very long time since I've seen a silver quarter in circulation.

When was the last time you changed a $5 bill at a carwash?

Re: Uncut Currency

#49

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.

It is already big a deal to change the images on currency (no matter what country). Given the US dollar is viewed as somewhat of a standard, you can imagine that to change its size/shape would be quite difficult to generate enough political enthusiasm for.

IMO the primary issue is that the US still has people on it.

In a democracy it should be the values of the country that should be represented not individuals.

Everyone from left to right should be able to agree on what the US stands for. How one gets there is what people argue about.

Re: Uncut Currency

#50

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]

Please cite some examples of how the U.S. treats disabilities as personal failings, compared to specific other countries.
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