Questions tagged [currency]
object with a widely-recognized value accepted as payment for goods and services.
15 questions
5
votes
1
answer
1k
views
Is 1971 minimum wage "in silver quarters" far, far higher than the current minimum wage?
There is a widely circulated claim that 1971 minimum U.S. wage -- when paid in silver quarters -- would significantly exceed the current nominally higher minimum wage.
In 1971, the Federal minimum ...
88
votes
3
answers
71k
views
Is it illegal to refuse US currency for a purchase?
I hear this claim every now and then. That US currency is legal tender and that it is illegal to not accept it.
The most recent example of this was on an old episode of 30 Rock: The head and the hair....
46
votes
1
answer
3k
views
Does normal paper currency contain enough narcotics residue to attract a drug-sniffing dog?
It seems pretty well established that paper currency (e.g. in the US) is commonly contaminated with trace amounts of cocaine or other illegal narcotics. (See Snopes for instance, though I'm happy to ...
5
votes
2
answers
5k
views
Can Currency Notes be tracked with GPS?
There is this news about Currency Note Tracking with GPS using something called nano-GPS chips? Is this possible to track currency notes using GPS?
Can Currency Notes be used as a reflector for GPS?
...
5
votes
1
answer
1k
views
Can governments destroy the value of Bitcoin, if they wanted to?
Note that this is a question about Bitcoin that is separate from my other question, which had asked whether Bitcoin is a pyramid scheme.
Jamie Dimon, the CEO of JP Morgan, claims that the governments ...
12
votes
2
answers
13k
views
Is the US $20 bill the most counterfeited?
In a comment on "Is it illegal to refuse US currency for a purchase?", @Dan Neely said
I don't think the main reason many businesses ban $50/100 bills is that they'd deplete their ability to make ...
5
votes
1
answer
689
views
Does Germany use the Euro to exploit the US and the EU? [closed]
Trump's advisor Peter Navarro claims that Germany exploits the US and the EU by maintaining the Euro at an all time low.
The Guardian for example says:
Germany “continues to exploit other ...
7
votes
1
answer
452
views
Is the Satoshi Nakamoto outed by Newsweek the creator of Bitcoin? [closed]
Earlier today, Newsweek outed a 64-year-old Japanese-American engineer Satoshi Nakamoto as THE Satoshi Nakamoto who invented Bitcoin. But the article provides little more than circumstantial evidence ...