Seems like overkill. I know this isn't for the USA, but could be. Who loses if I tear up a $20 note? Me. "It said that whoever, publicly and intentionally mutilates, destroys or tears up the currency, shall be punished by a fine, which shall be the greater of Dhs1,000 and ten times the value of the mutilated, destroyed or torn currency, according to Article 141 of Federal Law No. 14 of 2018 regarding the Central Bank and Organisation of Financial Institutions and Activities." https://gulfbusiness.com/uae-public-prosecution-warns-against-misusing-national-currency/
There was a warning printed on German currency in the 20's I think that promised some severe penalties for counterfeiting.
Fascinating how inflating away the value of the currency faces little to no punishment whatsoever, ehh?
Yeah, I think this is the law in the U.S. Defacement of Currency Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.
You can read a thread about it from last year here: https://www.cointalk.com/threads/1935-1-silver-certificate-inverted-back-error.336491/.
