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Saw this tweet today and it reminded me of how my dad had a similar experience in Nigeria a couple of months ago.

My dad had a USD bill he wanted to exchange for naira. The dollar bill had an ink mark on it and the money exchangers didn't want to change it to naira.

He probably went to 3-4 different exchangers and they all said the same thing.

One of them said that if he accepted that bill he would exchange it for a lesser value than its worth.

Just like that money lost its value because of an ink mark.

Now let me blow your mind.

Did you know that here in Nigeria dollar in lower denominations like $1, $20, etc is exchanged at a lesser value than $100 bill.

This means that 100 $1 bills will be worth so much less than one $100 bill.

So folks join me I saying the phrase we know so well: #Bitcoin fixes this.

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Discussion

nothenry 2y ago

Hate when my bitcoins get dirty

Bitkini 2y ago

Luckily cold storage is sterile 👌🏻🧡

Mary ⚡️ 2y ago

You know this! 🤙

Terry Yiu 2y ago

Same thing happened to us in Ukraine. Clean and straight USD bills from 2009 onwards or else you get charged a larger fee on the exchange.

Suhail 2y ago

That’s so weird

Mary ⚡️ 2y ago

I know right! Surprised me too. Never heard of something like this when I was growing up in Turkey. So my dad's experience surprised me.

Funny thing is that it's not as if the exchangers will give clean looking naira in exchange for a clean dollar bill. 😅

Suhail 2y ago

In Palestine we don’t even have a currency we are forced to use our occupiers currency :/

Bitcoin fixes this

Mary ⚡️ 2y ago

I feel you, man. Bitcoin is the only asset that gives us true ownership of value.

Mary ⚡️ 2y ago

I had no idea that it was the same in Ukraine.

Cameri🐦‍🔥 2y ago

Happened to me with 5 Canadian dollars.

The bill had a blue pen mark for some reason…

RBC wouldn’t accept it so I just ripped it in half and told them to have a great day.

Mary ⚡️ 2y ago

It's really frustrating.

Moon 2y ago

This happens frequently when traveling. Have had similar experiences with money changers across Asia as well.