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  • The million dollar bill is a souvenir bill. :( The highest

    From August Abolins@2:460/58 to Wilfred van Velzen on Tue Dec 15 15:38:12 2020
    Do such bills actually exist?

    The million dollar bill is a souvenir bill. :( The highest denomination that I am aware of that the Bank of Canada issues is the $1,000 bill. However, even this souvenir bill can fetch a modest price if in good condition. Mine is not so good.


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    * Origin: Fido by Telegram BBS by Stas Mishchenkov (2:460/58)
  • From Kurt Weiske@1:218/700 to August Abolins on Tue Dec 15 07:14:00 2020
    August Abolins wrote to Wilfred van Velzen <=-

    Do such bills actually exist?

    The million dollar bill is a souvenir bill.

    When I was a kid, I remember watching a SpiderMan cartoon, and the
    bad guy wanted a 2 million dollar ransom paid in 2 1 million dollar
    bills.

    I imagined trying to pass those off at a 7-11.



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  • From Kurt Weiske@1:218/700 to Shawn Highfield on Wed Dec 16 07:24:00 2020
    Shawn Highfield wrote to August Abolins <=-

    So that kind of sucks for people who pay cash for large purchases.

    I suppose that's the idea. The 2020 coin shortage combined with
    the pandemic has people urged to use debit cards instead of cash.
    Money is as unsanitary as it's always been but now it's treated like
    it's a petri dish.

    In the USA, the "war on drugs" prompted the discontinuance of larger denominations, and the PATRIOT act made purchasing or carrying $10,000
    in cash an object of additional scrutiny, regardless of circumstance.

    While it sounds tin-foil hattish, you know that in some circles of
    banking and government there have to be people thinking that being
    able to trace all financial transactions is a good thing and an
    end-game where the government has complete control over the money (and therefore the constituency) is a good thing.



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