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DanielW
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11 Dec 2023, 5:36 pm

Who uses cash anymore anyway? I wouldn't like to carry Hundreds on my person and have to run the gauntlet of the unhoused and the drug addicts getting to a Popeye's in the first place.

During height of the pandemic most places (that were still open) stopped taking cash and coins and went exclusively to touch-less transactions. While they do accept cash again, a lot of people have gotten used to going cash-less.



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11 Dec 2023, 6:22 pm

DanielW wrote:
Who uses cash anymore anyway? I wouldn't like to carry Hundreds on my person and have to run the gauntlet of the unhoused and the drug addicts getting to a Popeye's in the first place.

During height of the pandemic most places (that were still open) stopped taking cash and coins and went exclusively to touch-less transactions. While they do accept cash again, a lot of people have gotten used to going cash-less.

My parents prefer using cash because they're concerned about fraudulent charges & ID theft. They have one credit-card but they have me order things for them off Amazon, Ebay, & other such sites. I've had fraud charges maybe about 10x. I've had to get my cards canceled & I did not have to pay for the charges.


Are there Popeyes in Canada :?: There's none in Vermont. I really wish there was one around Burlington or Shelburne. The only time I get to eat there is when I visit my parents. They go there more often since I moved out than when I was living with them. One opened closer to them a couple years ago but they were already going there a bit more often.


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11 Dec 2023, 6:33 pm

colliegrace wrote:
naturalplastic wrote:
I have a zillion years of experience in retail standing behind cash registers.

At the chain drugstore I cashiered at there is nothing more annoying than....if the first customer on a Sunday morning is rich looking middle aged well dressed White guy...trying to buy a two dollar Sunday paper...with a 100 bill.


Yep yep. I've been a cashier for years and that's always annoying.

What's even more annoying? People who request $100 cashback on the pinpad without even asking if you have that in your drawer. More than once I've had people do that when I had barely $200 in the drawer.... and then when I'd give them all my 20's, they'd do another transaction and ask for another $100!
Have also had people try to get up to $500 out of my drawer in cashback.... as if we have thousands of $$ in our registers just for them.

I suspect a lot of the people who do that don't have a traditional bank account, but it's still annoying. The grocery store doesn't have endless $$$ to give as cashback.


How can they request cash back if they don't have a traditional bank account for the money to be coming out of off their card? :? Or are these from credit card purchases? :? Would be odd for someone to have a credit card without a regular bank account.

What's more likely, IMO, is that these people are slightly financially literate and know the the fixed cash back fee on a low withdrawal is astronomically high, but divided over a larger sum is a lower %. Example: $5 fee on $100 is 5%! ! But spread over $500 is only 1%, so a smarter move to withdraw more cash if you need more cash vs. paying $5 to withdraw only $100 or even worse $50 (10%) or $20 (25% fee!).


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goldfish21
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11 Dec 2023, 6:45 pm

DanielW wrote:
Who uses cash anymore anyway? I wouldn't like to carry Hundreds on my person and have to run the gauntlet of the unhoused and the drug addicts getting to a Popeye's in the first place.

During height of the pandemic most places (that were still open) stopped taking cash and coins and went exclusively to touch-less transactions. While they do accept cash again, a lot of people have gotten used to going cash-less.

I sometimes get paid in cash from home owners or contractors, and so often have cash to pay for things. I also had cash from a vehicle sale downpayment. (which I need to re-sell that vehicle, so might have more cash.) I'll often have $300-500+ in cash in my pocket. Never know when a debit/credit system might be down and I need a tank of gas or groceries etc. A tank of gas is $100-125 these days. Groceries cost hundreds. Paying friends for their services, like my mobile mechanic, I pay in cash. Same for the artist I commissioned to paint paintings etc. Plenty of small time informal economy things are on a cash basis. Plus some of these people don't even have bank accounts to accept e-transfers or cheques -> like the artist, for example.

Also, while it's not impossible for me to be mugged/robbed, I'm not the easiest target. I'm 6'2" ~218lbs. Sure, I COULD be struck with a weapon or whatever.. but I'm not some short small weak target that worries when I walk through the ghetto at night. I show respect to the residents, drug dealers, thieves etc and they don't bother me any. And if any of them ask what I'm doing in the hood and I tell them I'm chillin' with Ken Foster as he's painting paintings for me, they're like "Oh cool! He's the man!!" because he's pretty much a local celebrity for a literal street person who's spent YEARS living in alleyways making art for drugs, pizza, and ice cream. Then they might ask if I wanna buy whatever they're selling - stolen goods, drugs, other artwork etc. Closest I ever had to a run in with anyone was when I was hanging on a rough block to see if my friend showed up and one of the resident dealers asked if I was a cop and why I was there.. explained, he was chill. Later at shift change he told me the other dealers that sell overnight aren't so kind so best I move along.. thanked him for his advice and peaced out. The worst parts of this neighbourhood are the things nightmares & horror movies are made of... but for all the time I've spent there, I've yet to have a bad run in with anyone nor personally witness anything horrific. I suppose it's a matter of time on seeing things I don't wanna see.. but I avoid the worst of the worst areas and know enough not to accept an invite to enter unknown buildings or areas without an escort/reason etc. So far so good.. never been robbed.


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goldfish21
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11 Dec 2023, 6:52 pm

nick007 wrote:
DanielW wrote:
Who uses cash anymore anyway? I wouldn't like to carry Hundreds on my person and have to run the gauntlet of the unhoused and the drug addicts getting to a Popeye's in the first place.

During height of the pandemic most places (that were still open) stopped taking cash and coins and went exclusively to touch-less transactions. While they do accept cash again, a lot of people have gotten used to going cash-less.

My parents prefer using cash because they're concerned about fraudulent charges & ID theft. They have one credit-card but they have me order things for them off Amazon, Ebay, & other such sites. I've had fraud charges maybe about 10x. I've had to get my cards canceled & I did not have to pay for the charges.


Are there Popeyes in Canada :?: There's none in Vermont. I really wish there was one around Burlington or Shelburne. The only time I get to eat there is when I visit my parents. They go there more often since I moved out than when I was living with them. One opened closer to them a couple years ago but they were already going there a bit more often.

Yes, we have Popeyes now. They started opening here 4-5 years ago. There WERE only a few here, but just checked goole maps and apparently there are 13 locations in the region now including mall foodcourt locations. There's one just over a mile from my house. Their spicy chicken, cajun spiced fries, and gravy are far superior in every way to KFC -> it's just expensive. I bought 5 pieces of chicken, 1 Large fries, 1 Large gravy, and 2 strawberry cream cheese deep fried pies for around $31. Glad I asked about fewer pieces of chicken as their menu only shows 8, 12 or 20 piece I think.. and their pricing is such that 2 x 5 pieces (10) is actually cheaper than an 8 piece order!! Crazy but whatever - Popeyes menu hack if I ever need a family sized serving again. I guess $15/person isn't so terrible considering what I got vs. what you get at McDonald's for that price these days. Hell, I bought a double teen burger and 2 chicken bacon ranch wraps at A&W a few nights back and it was over $17.


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NibiruMul
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11 Dec 2023, 6:59 pm

I think they're probably worried about counterfeiting. You don't see $100 bills on a regular basis. The highest bills I see on a regular basis are $50.



colliegrace
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11 Dec 2023, 7:13 pm

goldfish21 wrote:
colliegrace wrote:
naturalplastic wrote:
I have a zillion years of experience in retail standing behind cash registers.

At the chain drugstore I cashiered at there is nothing more annoying than....if the first customer on a Sunday morning is rich looking middle aged well dressed White guy...trying to buy a two dollar Sunday paper...with a 100 bill.


Yep yep. I've been a cashier for years and that's always annoying.

What's even more annoying? People who request $100 cashback on the pinpad without even asking if you have that in your drawer. More than once I've had people do that when I had barely $200 in the drawer.... and then when I'd give them all my 20's, they'd do another transaction and ask for another $100!
Have also had people try to get up to $500 out of my drawer in cashback.... as if we have thousands of $$ in our registers just for them.

I suspect a lot of the people who do that don't have a traditional bank account, but it's still annoying. The grocery store doesn't have endless $$$ to give as cashback.


How can they request cash back if they don't have a traditional bank account for the money to be coming out of off their card? :? Or are these from credit card purchases? :? Would be odd for someone to have a credit card without a regular bank account.

What's more likely, IMO, is that these people are slightly financially literate and know the the fixed cash back fee on a low withdrawal is astronomically high, but divided over a larger sum is a lower %. Example: $5 fee on $100 is 5%! ! But spread over $500 is only 1%, so a smarter move to withdraw more cash if you need more cash vs. paying $5 to withdraw only $100 or even worse $50 (10%) or $20 (25% fee!).

A lot of them use cashapp or online banking apps like Dave


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11 Dec 2023, 7:26 pm

NibiruMul wrote:
I think they're probably worried about counterfeiting. You don't see $100 bills on a regular basis. The highest bills I see on a regular basis are $50.

Yes, counterfeits.. but still, wtf? The retail price of things is as high as it's ever been, making $100 bills not transact in exchange for all that much in goods & services these days. $100 buys a fast food meal for a family these days. If people pay in cash, why should we be expected to jam a stack of small bills in our wallets and not expect to be able to pay with legal currency? Just stupid. Train your staff on counterfeit detection and don't inconvenience all the rest of your customers IMO.


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goldfish21
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11 Dec 2023, 7:28 pm

colliegrace wrote:
goldfish21 wrote:
colliegrace wrote:
naturalplastic wrote:
I have a zillion years of experience in retail standing behind cash registers.

At the chain drugstore I cashiered at there is nothing more annoying than....if the first customer on a Sunday morning is rich looking middle aged well dressed White guy...trying to buy a two dollar Sunday paper...with a 100 bill.


Yep yep. I've been a cashier for years and that's always annoying.

What's even more annoying? People who request $100 cashback on the pinpad without even asking if you have that in your drawer. More than once I've had people do that when I had barely $200 in the drawer.... and then when I'd give them all my 20's, they'd do another transaction and ask for another $100!
Have also had people try to get up to $500 out of my drawer in cashback.... as if we have thousands of $$ in our registers just for them.

I suspect a lot of the people who do that don't have a traditional bank account, but it's still annoying. The grocery store doesn't have endless $$$ to give as cashback.


How can they request cash back if they don't have a traditional bank account for the money to be coming out of off their card? :? Or are these from credit card purchases? :? Would be odd for someone to have a credit card without a regular bank account.

What's more likely, IMO, is that these people are slightly financially literate and know the the fixed cash back fee on a low withdrawal is astronomically high, but divided over a larger sum is a lower %. Example: $5 fee on $100 is 5%! ! But spread over $500 is only 1%, so a smarter move to withdraw more cash if you need more cash vs. paying $5 to withdraw only $100 or even worse $50 (10%) or $20 (25% fee!).

A lot of them use cashapp or online banking apps like Dave

Those don't exist in Canada, so no idea how they operate.

People without bank accounts go and cash their cheques at places like Money Mart and pay their exorbitant fees for cheque cashing and then if they Have To Have a card for something, they use cash to buy a visa/mastercard gift card and pay the stupid fees on those in order to have a card they can buy something with online.


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11 Dec 2023, 8:12 pm

MatchboxVagabond wrote:
BTDT wrote:
I recall getting payment in the form of ten $100 bills and then spending them perhaps fifteen years ago.
I didn't have any trouble spending them. :D

I knew somebody that got a couple $1000 bills for they're car back in the 80s. They're still in circulation, but you have to order them ahead.


You have trekked into one of my hobbies, collecting money. Sorry in advance for the long reply.

If you are talking U.S. bills, nothing higher than a $100 has been printed since 1969. There are occasionally earlier $500, $1000, $5000 and even $10000 bills out there that are legal tender to spend. But, only a fool would spend them for the face amount. Each of those bills have collector values that are multiple of the face value. For example, I can buy a 1934 $500 note in fine condition from one of my coin dealers for $1800 (market rate). The $10000 notes seldom sale for less than $200000 each when they are offered. Binion’s Casino (gone now) in Vegas once had one million dollars in face value of the ten thousand denomination notes. Gold backed notes are usually worth more than regular federal reserve notes.

Once one of the higher denominations ($500 on up) gets circulated/spent, it will be taken out of circulation by the federal reserve banks. This is due to a federal banking rule passed in 1969. High denomination notes are then shredded by their equipment and rendered worthless. People can visit certain federal banks and get free pouches of shredded currency as a souvenir of the visit. (I have a large box filled with those bags. They make great packing materials for presents.). You cannot simply order higher denomination notes from a bank anymore, they would laugh at you for suggesting it.

The highest U.S. denomination printed was never released for general circulation. It is the $100000 note with Woodrow Wilson on the front, series 1934. None can be legally owned by a person, as they were only intended to transfer large amounts of cash between banks. I have seen several of these, including an uncut sheet of them, on display at a large world money show. The Treasury Department was using those in their display of historical money.



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11 Dec 2023, 8:28 pm

DanielW wrote:
Who uses cash anymore anyway? I wouldn't like to carry Hundreds on my person and have to run the gauntlet of the unhoused and the drug addicts getting to a Popeye's in the first place.

During height of the pandemic most places (that were still open) stopped taking cash and coins and went exclusively to touch-less transactions. While they do accept cash again, a lot of people have gotten used to going cash-less.


I still use cash all the time. I feel a bit naked if I do not have at least a hundred dollars on me at any time. There are places that do not take credit cards, so I am always prepared for those situations. An example of this is autographs at large comic cons that I go to. Most of them are cash only. My local comic shop prefers cash and gives a discount if you pay that way. Same can be said of my local coin shop that I deal with.

I know there is a large push towards digital currency in the future. I just do not trust it. It is too easily to be hacked into. One of my friends is classified as a whale investor in a certain digital currency. He has tried to sell me into it. This year, his currency has been on a downward slide. I would rather have a physical asset to trade with.



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11 Dec 2023, 8:37 pm

Mountain Goat wrote:
Once was given a fake £5 note as though at the time we had to be careful of fake £20 notes, none of us bothered checking the £5 notes. I was working on th railway at the time and took it into the transport police. He said "We won't be seeing many of these". I asked why? He said "This has taken someone hours of work". Minimum wage back then was £6.50 an hour. Hours of work! He showed me how they had made it by copying both sides and then carefully thinning out the paper (Which takes hours to do) and glueing them back together. They even highlighted in silverpen the metal strip, which is the bit that origionally made the note stand out as being different. Those were the days when we had paper notes.


As strange as it seems, there is a collector base for certain counterfeit money. Notes that are done by hand are often in demand by collectors if the note is old enough. Funny that something used to rip off others ends up having real collector value once time passes.



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11 Dec 2023, 8:52 pm

I've worked in retail and we had a pen you could use to make a small mark on a bill and it would tell you if it was genuine according to the color that showed when you wrote on the bill. (I don't remember exactly what the right or wrong color was; it was kind of brown-yellow when it was genuine.) I'm not sure if it was always accurate, but my boss was sure that it was. We were required to verify all $20 bills or higher.

I can see if they don't have enough change, or if they worry about not having enough change, but again when I worked retail we might have worried about running out of fives or tens (we always made sure we had a lot of ones), or of coins, but we didn't run out of 20s. The 20s piled up because they were what most people paid with.

I'm not sure of the legality of not accepting legal tender? I had someone refuse to accept a state quarter when they started coming out in the 90s, which just made me roll my eyes. A cashier who doesn't know what quarters look like?

I don't pay in cash that much because it's hard for me to get to the bank to withdraw cash (I have chronic fatigue so every errand is an effort) but it's generally better to pay with cash because the credit card companies charge the merchants for transactions, so it ends up adding to the cost of goods, it costs small businesses, and enriches the banks.

I sympathize with your annoyance!



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11 Dec 2023, 9:23 pm

bee33 wrote:
I've worked in retail and we had a pen you could use to make a small mark on a bill and it would tell you if it was genuine according to the color that showed when you wrote on the bill. (I don't remember exactly what the right or wrong color was; it was kind of brown-yellow when it was genuine.) I'm not sure if it was always accurate, but my boss was sure that it was. We were required to verify all $20 bills or higher.

Yep, that's what we use

Don't tell my boss, but the first time I found a counterfeit bill I froze up unsure what to do and the chap who was trying to pay with it said ok, I'm just gonna go, and left.
Was a $100 bill, and even without the counterfeit pen, it was definitely fake.


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QuantumChemist
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11 Dec 2023, 11:17 pm

bee33 wrote:
I've worked in retail and we had a pen you could use to make a small mark on a bill and it would tell you if it was genuine according to the color that showed when you wrote on the bill. (I don't remember exactly what the right or wrong color was; it was kind of brown-yellow when it was genuine.) I'm not sure if it was always accurate, but my boss was sure that it was. We were required to verify all $20 bills or higher.

I can see if they don't have enough change, or if they worry about not having enough change, but again when I worked retail we might have worried about running out of fives or tens (we always made sure we had a lot of ones), or of coins, but we didn't run out of 20s. The 20s piled up because they were what most people paid with.

I'm not sure of the legality of not accepting legal tender? I had someone refuse to accept a state quarter when they started coming out in the 90s, which just made me roll my eyes. A cashier who doesn't know what quarters look like?

I don't pay in cash that much because it's hard for me to get to the bank to withdraw cash (I have chronic fatigue so every errand is an effort) but it's generally better to pay with cash because the credit card companies charge the merchants for transactions, so it ends up adding to the cost of goods, it costs small businesses, and enriches the banks.

I sympathize with your annoyance!


The pen you mentioned does not work with certain legit older bills. I have seen a $20 series 1928 gold certificate marked up with one of those pens. The store would not take it according to the owner. It dropped the collector value from $400 down to $100 due to those pen marks. If only the store worker would have looked at the bill a bit closer, he could have made some extra cash.

I have had people refuse $2 bills as tips because they thought they were fakes. I sometimes leave those in the tip pile to get people into collecting. It also has happened with Eisenhower dollar coins, but not with the smaller dollar coins. Non-standard currency confuses those who have never used them before.

By the way, check your change. I happen to have a pure copper statehood quarter (Delaware). It was found by me at a car wash in 2000. Quarters are made of a copper core sandwiched between nickel layers. The mint missed putting the nickel layers on a blank coinage sheet, so those few quarters left the mint with only the copper layer. Most were found before they left the mint, so it is extremely rare. It has oxidized a deep red naturally over time in a holder. It is not a plated error, but a missing layers error. Estimated value now: several thousand $. Not bad for my $.25 investment. It is not leaving my collection until after I pass on.



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12 Dec 2023, 7:30 am

I used to find rare coins when wrapping coins for a store. Found a 1912-S Lincoln penny that is worth a lot more than a penny today! Old pennies from the San Francisco mint may be valuable to collectors.