@michaelgemar @nev Doesn't need to be convincing -...

@michaelgemar @nev Doesn't need to be convincing - the paper cites The Association of Commercial Banknote Issuers: "banks will only reimburse you with the face value of a damaged banknote if you still have at least half of the banknote and visible serial number".

They might be real mad about it though.

Like 20 January at 21:33 | Open on chaos.social

6 comments

Michael Gemar

@jonty @nev I wonder if a note intentionally shredded by the government to take it out of circulation is legally considered “damaged”…

20 January at 21:35 | Open on mstdn.ca

Natasha Nox 🇺🇦🇵🇸

@michaelgemar @jonty @nev The government would have to proof that. It's not the citizen's job to know whether a note was governmentally shredded before.

20 January at 22:02 | Open on chaos.social

Michael Gemar

@Natanox @jonty @nev If you got it from a paperweight sold at the Hong Kong Monetary Authority visitor center, that’s probably proof enough.

20 January at 22:06 | Open on mstdn.ca

Atomic Fox

@jonty @michaelgemar @nev

The real question is, are enough pieces of any single note included to reconstruct a complete serial number?

20 January at 23:25 | Open on is.nota.live

Martin Jost

@jonty @michaelgemar @nev
Getting a reasonable serial number (IF this is cut in pieces) might be tricky...

21 January at 8:29 | Open on muenchen.social

Inga stands with Ukraine

@jonty @michaelgemar @nev in this context, "half of the banknote" usually means "half of the banknote in one piece" (and also that's a weird wording because in practice usually a bit more than 50% is required).
Otherwise it would be trivial to convert e.g. two whole banknotes into three damaged ones.
(Also see the infinite chocolate paradox.)

21 January at 10:41 | Open on embracing.space

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