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What else can I help you with?
What does will pay to the bearer on demand mean?
On the paper currency of many countries, there is a phrase that says "will pay to the bearer on demand." This means that the money is essentially nothing more than a promissory note but it is backed by gold owned by the government.
Is paper money magnetic?
No, paper money is not magnetic. Most currencies are made of a cotton or linen blend, making them non-magnetic. Magnetic security features may be embedded in some bills to prevent counterfeiting, but the paper itself is not magnetic.
How did paper money influence other countries in the future?
it made it easier
Why did they stop making paper money?
In what country? All major countries issue paper money. Please restate your query in a new, separate question.
Do all countries have paper money?
No. Some use currency from another country.
What is money like in Kenya?
Like all countries, Kenya uses a variety of paper money and metal coins. A sample of kenyan paper money can be found on http://atsnotes.com/catalog/kenya/kenya.html
Do other countries have paper money?
yes and im pretty sure is everywhere if im not mistaken
Why is paper money green?
because it comes from plants. No because they dye it green. Money from other countries are various colors, not just green.
What atomic element tells if paper money is counterfeit?
Some countries use phosphorus as a security feature in paper money. This element can be detected by specialized machines, helping to verify the authenticity of the currency notes.
What is paper money backed up by?
Paper money is typically backed by the government that issues it, which promises to accept it as payment for goods and services. In the past, paper money used to be backed by a specific commodity like gold or silver, but most countries have moved away from this system to a fiat currency system where money has value because the government says it does.
What was shinplaster?
paper money paper money
Do all countries in the world have both paper money and coin money?
At least one country uses only paper money - Zimbabwe. The reason is that inflation is so high they can't mint coins that would be worth less than the rise in prices.
