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by l23k4
35 days ago
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In my experience what Paradigm2020 describes is very much the norm around the world. > and briefly worked in a bank in, I suspect this might be where the confusion stems from, if you're thinking of places where people go to banks you might be thinking a bit too fancy. I'm thinking of stuff more like this https://www.youtube.com/watch?v=iCDQpm6f_pU >According to that article it has nothing to do with condition, but with the lack of anti-counterfeiting protection on older notes. I'd say the age of the money has everything to do with condition, and it matters a lot. |
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Somaliland is pretty extreme example and not representative of "most of the world". It is extremely poor, isolated because almost nowhere recognises it as a country which cuts it off from payment systems and currency markets.
I have no idea whether they claim is true or not in extreme places, but those places are not "most of the world".