But with none of the security, what a useful idea...
Could I not just print the same dollar twenty times then it's a race to see who redeems it first? Cute idea though I guess.
Agreed. Although it has none of the guarantees of cash, it would also be more difficult to steal (as the authorization can be revoked). This is more similar to a bank check than actual legal tender.
(potential drunken party game: throw 10 paypyruses and the first to cash in gets the money)
(potential drunken party game: throw 10 paypyruses and the first to cash in gets the money)