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Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had
by daneel_w 1y ago
Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had an outlier experience during a limited window of time in the country. Just like the parent. This isn't really representative.
Add.: another poster suggested that someone had a bit of a laugh with you by saying it, which is also entirely possible. Basic joke.
- deleted 1y ago[deleted]
- victorbjorklund 1y agoI'm Swedish I honestly havent seen the new banknotes (other than on images on the internet).
- 1313ed01 1y agoI carry a few in my wallet, just in case, but I could honestly not tell what color the different notes are or what portrait is on each without looking. Bad forgeries would easily trick me.
- gambiting 1y agoI'm in the UK and I have friends who will tell you hand on heart that they have never handled a £50 note. They know they exist but they haven't had one.
- HWR_14 1y agoIs that just because it's an unpopular bill? Most Americans have probably never used a $50 bill either.
- schoen 1y agoNot once in their entire lives?
- hattmall 1y agoI'm not even sure if that I knew there was a $50 bill. And that's as an American of 30+ years that uses cash routinely. Multiple times I've cashed checks and gotten it all in 2's, but honestly can't ever remember a $50 bill. I always have at least one $100 bill in my wallet and don't ever recall getting a $50 in change, has to be the least common note. But now I'm thinking waaaaay back and does the President on it have a big mustache? Time to see what a $50 looks like.
- schoen 1y agoWell, I suspect the notes larger than $100 (which are no longer being printed!) are even rarer. https://en.wikipedia.org/wiki/United_States_five-hundred-dollar_bill https://en.wikipedia.org/wiki/United_States_five-hundred-dol... https://en.wikipedia.org/wiki/United_States_one-thousand-dollar_bill https://en.wikipedia.org/wiki/United_States_one-thousand-dol... https://en.wikipedia.org/wiki/United_States_five-thousand-dollar_bill https://en.wikipedia.org/wiki/United_States_five-thousand-do... https://en.wikipedia.org/wiki/United_States_ten-thousand-dollar_bill https://en.wikipedia.org/wiki/United_States_ten-thousand-dol...
- dgfitz 1y agoIt would be a "unique" situation. Most AMTs (not all, but most) only dispense $20 bills, the rarer ones will dispense $5s or $10s, and they're rare enough that I make a note of them. I have never encountered an ATM that gives a $50. Your best bet of happening into a $50 is if you go to a bank for an in-person withdraw and they ask you for preferred denominations. Generally the money is dispensed in $20s even there unless specified. Your second best bet would be if you're selling something "on the side" and the purchaser uses a $50 in a transaction, which I would say is also rare these days, most people use Venmo or equiv. Your best bet of handling a $50 is probably as a bartender, or of course as a bank teller. I have held $50s a few times in my life, and even my reaction is "huh, a $50, don't see those often"
- schoen 1y agoHuh, the Wells Fargo ATMs here in San Francisco actively offer me $50 bills on a regular basis! I wonder how much this various by bank, by region, or by ATM manufacturer.
- encrypted_bird 1y agoI would very much disagree with the latter assertion. I work as a cashier, and I get 50s and 100s _all the time_. I wish they'd stop because it drains my till very fast. Lol.
- cyberax 1y ago> Is that just because it's an unpopular bill? Let me introduce you to a $2 note.
- phil21 1y agoThis used to be true, but the last few years I’ve noticed many more ATMs and even people handing out $50 bills. They are effectively becoming the new $20 with inflation continuing upwards, and I expect their popularity to continue to increase.
- hollerith 1y agoIs that really true? I've had more than a few $50 bills (and I've never sought any out).
- mhandley 1y agoAnd if you do get one somehow, it's really hard to spend. Many places won't accept them.
- phil21 1y agoI use them regularly and have never had anyone not accept them. I have had many places reject $100 bills though. I’m that weirdo that tries to pay cash for most everything, so sample size is large and across a diverse set of businesses. Due to what I tend to pay cash for these days (lunches, drinks with a friend, etc.) and prices being what they are, they are rapidly becoming my “go-to” denomination.
- notahacker 1y agoThat's completely unrelated to the popularity of card payments though. It's a denomination that's never given out as change or by ATMs See also: https://www.bbc.com/news/business-48993008 https://www.bbc.com/news/business-48993008 which as well as explaining the background to the note and debates over whether it should be taken out of circulation also points out the context the average British adult was making about 20 cash transactions a month as of 2018 (none of them involving £50 notes)
- tom_ 1y agoI've never handled a £50 note. (I am young enough that if you gave me £1 for every year I've never handled one, I wouldn't be able to afford one. But I am old enough that I could dip into my lifetime of savings to make up the difference.) A friend's dad showed me one when I was at school - that's it. He seemed amused I hadn't seen one before, then after making a minor show of it, as if it was some precious, rare item, said he'd never previously seen one either. They've been uncommon my whole life, and apparently could/can be difficult to actually use, shop assistants being unfamiliar with them and not confident in their legitimacy. I expect today most people would use bank transfers for the sort of sum where the sheer number of notes would make a £50 one useful.
- Symbiote 1y agoI saw them every day when I worked in central London. The shop staff were no more discerning than with smaller notes. But when the bill is £45, there's no problem anyway.
- dijit 1y agoThere was an ATM near Spitalfields that used to dispense £50 notes, so I had a small stack of them. I felt like I was very cool considering how rare they are.
- tom_ 1y agoHow the other half live! They were always uncommon up North. (Maybe they're a bit easier to get hold of now, especially with recent inflation? But I don't use cash as much as I did when I was younger.)
- renhanxue 1y agoI am Swedish and have lived here all my life and I have no idea what the current banknotes look like. I have literally never used them. I remember what they used to look like 20 years ago, but I know they have changed since then.
- daneel_w 1y ago...and you would immediately know a Swedish bank note two seconds after seeing one.
- Symbiote 1y agoI've had young (ish, 25 say) Danes say they'd never seen the most recent design of 500DKK notes before. Many more hadn't seen the 1000DKK, though that's since been withdrawn from use. I believe them. Cash machines dispense(d) them, but usually only if you withdraw 1000DKK or more in a single transaction. That's unusual for people that rarely use cash. I had them as I was following the official advice to keep some cash around in case the banking system is hacked etc, but I spent them and withdrew 100DKK notes when the advice was updated to point out that if everyone had only 500DKKs at home it wasn't very flexible. I am slightly ashamed to realise that my banking app shows I haven't made a cash withdrawal in Denmark for more than 12 months — the second part of the official advice is to use cash occasionally to keep that system working.