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<p>[QUOTE="gxseries, post: 293901, member: 4373"]Take it this way NOS, you are just taking a minor thing into context. The USD does circulate worldwide and while there aren't that many counterfeits in the US itself, there are just too much outside. That article does not address the global issues. As mentioned, it's the quality that's keeping up. If you allow old notes to circulate, you will only allow an easier job for the counterfeiters as they can keep on producing the older notes and invest more on improving the quality on counterfeiting newer notes. </p><p><br /></p><p>There are many countries especially in Eastern Europe like Ukraine, Russia, Belarus etc that money changers WILL NOT take any 100 USD notes unless they are crispy new as well as dated after 1996, and in some mad cases, they will not accept it if there are more than 4 folds. Yea right, sounds very dumb and silly but I have been through in those cases. Why aren't they taking these notes? It's just because they deem any folded notes as counterfeits. Next time I should laminate the notes and delaminate right in front of them. </p><p><br /></p><p>The fear of counterfeits is just very bad in any context. What's the point of me having valid USD currencies but just because of the fear of counterfeits, I can't spend them? It's just as good as toilet paper. This not only affect us customers or travellers but as well as business as they are forced to accept payment by other means or just don't make any sales.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 293901, member: 4373"]Take it this way NOS, you are just taking a minor thing into context. The USD does circulate worldwide and while there aren't that many counterfeits in the US itself, there are just too much outside. That article does not address the global issues. As mentioned, it's the quality that's keeping up. If you allow old notes to circulate, you will only allow an easier job for the counterfeiters as they can keep on producing the older notes and invest more on improving the quality on counterfeiting newer notes. There are many countries especially in Eastern Europe like Ukraine, Russia, Belarus etc that money changers WILL NOT take any 100 USD notes unless they are crispy new as well as dated after 1996, and in some mad cases, they will not accept it if there are more than 4 folds. Yea right, sounds very dumb and silly but I have been through in those cases. Why aren't they taking these notes? It's just because they deem any folded notes as counterfeits. Next time I should laminate the notes and delaminate right in front of them. The fear of counterfeits is just very bad in any context. What's the point of me having valid USD currencies but just because of the fear of counterfeits, I can't spend them? It's just as good as toilet paper. This not only affect us customers or travellers but as well as business as they are forced to accept payment by other means or just don't make any sales.[/QUOTE]
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