Hacker News new | ask | show | jobs
by thaumasiotes 143 days ago
They can and they do; that's called dollarization.

It's worth observing that dollars that are never supposed to return to the US don't have the same anti-counterfeiting pressure that dollars spent in the US do. I don't know how much of a market there is in counterfeiting USD for dollarized economies.
1 comments
etskinner 142 days ago
This sounds hard to believe. Adding anti-counterfeit messures to the bills that have them ($10s and up?) can't be that expensive compared to the value of the note, why would they make two different versions?

Not to mention, that would break fungibility.

Can you provide a source?

link
thaumasiotes 142 days ago
> Can you provide a source?

A source... for what claim? What do you think I'm saying?

link