4 ms·
Kind of off-topic, but I've always wondered. When you use a card to get cash in $20 bills from an ATM, does it record the serial# of every bill it pumps out to
by 8bitsrule 1y ago
Kind of off-topic, but I've always wondered. When you use a card to get cash in $20 bills from an ATM, does it record the serial# of every bill it pumps out to you?
- jjk166 1y agoSuch scanners exist but most ATMs do not have them. Of course if you fill the ATM with a stack of fresh bills you know the serial numbers for, and you know how many bills were dispensed prior to a particular transaction, you should know which bills got dispensed during that transaction. Of course the tracking of this information down to that level would be pretty pointless. The moment someone breaks a 20 the connection to the recorded transaction is lost, and there's no one who can prove you didn't break a 20.
- alcover 1y ago> tracking of this information down to that level would be pretty pointless Maybe pretty pointfull tracking shadow economy. When Bob sells moonlight stuff his clients will more often than not simply go to the ATM, withdraw the sum and hand it to him. Bob will then buy at shop with big bill. Shop owner will deposit bill at bank..
- jjk166 1y agoAnd how do you know which bill from the shop is Bob's? Or which hands the bill passed through before or after going through Bob? The only thing you'll be able to determine is that some of the money withdrawn from the local atms eventually gets spent at the local shops, which you could probably intuit.