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Why is the £50 note rare & barely used? (lemmy.world)

submitted 1 day ago* (last edited 11 hours ago) by War5oldier@lemmy.world to c/askuk@feddit.uk

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Like, what’s the point of its existence when that denomination is difficult to come by since ATMs don’t disperse them. I mean, will they still refuse a £50 note when paying for a £45 purchase? They go full counterfeit detection mode just because an individual has it despite that being the real one (not fake). Also, why does the Bank of England keep printing more of that when they know people barely use it anyway?

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[–] teft@piefed.social -2 points 21 hours ago (1 children)

Why not do what other countries do and just make the denominations physically larger as the value increases? Now it’s harder to wash and reprint forgeries. Also if you use different color paper for each denomination you have another way to prevent forgeries of the washing and reprinting kind.

[–] mannycalavera@feddit.uk 1 points 15 hours ago (1 children)

Ummmm....

[–] teft@piefed.social 0 points 15 hours ago (1 children)

Yes, downvote for asking why not fix your broken currency. That’ll encourage discussions.

[–] Gentryfried@feddit.uk 0 points 15 hours ago* (last edited 15 hours ago) (2 children)

He's saying "ummmm" because we actually already do that. Fun fact :).

And we use different colours for each note.

But BTW, why the hostility to our... currency? Are you like a very patriotic IRS agent or something? Our currency isn't any more broken or extra forgeable than any other country's. I think you've extrapolated too much from seeing people bring up the occurence of forgeries on this one post.

[–] BeardedGingerWonder@feddit.uk 2 points 14 hours ago

We don't even really have paper money any more, it's all polymer 🤷

[–] teft@piefed.social 1 points 15 hours ago (1 children)

Maybe say that instead of downvoting.

Same for you. Votes are public.

[–] Gentryfried@feddit.uk 2 points 15 hours ago* (last edited 15 hours ago) (1 children)

Votes are public (on your instance) but this isn't reddit, so I just downvote things to indicate when incorrect information or bad attitude is on them (and people do the same to me and that's fine). I suppose things are different on piefed, which has some psuedo-karma system, but that's the outlier.

A large benefit of lemmy in general is that we can vote without it being a kick in the balls to someone's experience on the site. Because no karma system.

[–] teft@piefed.social 0 points 15 hours ago

All votes are public on all instances.

Lemvotes.org

If they weren’t public federation wouldn’t work.