alt Hacker NewsAccording to that article it has nothing to do with condition, but with the lack of anti-counterfeiting protection on older notes.
I have lived in, and briefly worked in a bank in, in a country where people do use USD, GBP etc. notes as a store of value, sometimes in large amounts (you hear about that when they get burgled!).
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In my experience what Paradigm2020 describes is very much the norm around the world.
> and briefly worked in a bank in,
I suspect this might be where the confusion stems from, if you're thinking of places where people go to banks you might be thinking a bit too fancy.
I'm thinking of stuff more like this https://www.youtube.com/watch?v=iCDQpm6f_pU
>According to that article it has nothing to do with condition, but with the lack of anti-counterfeiting protection on older notes.
I'd say the age of the money has everything to do with condition, and it matters a lot.
Cambodia official currency is USD (1000 riel = meant to be 0.25c, goes up to 50000 riel) prices are advertised in $ in general with sometimes 1$ = 4200/4300/4500...
Anyway key point is your USD better be mint and at least 2018 or they will refuse it... Same at currency exchanges in most of south east Asia that have their own currency.