Thread: New cash box could give robbers sticky fingers
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Old 24-09-2010, 10:20   #3
Jon T
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Re: New cash box could give robbers sticky fingers
Quote:
Originally Posted by Gary L View Post
Bit of a weird story. they've invented a box that fires glue on its contents?
Not really, paper money is just a receipt, a proof of ownership of a certain amount of money. The serial numbers of the notes being transported will be recorded, and all that will happen is that the glue affected notes will be deleted from the Treasury's records, and replaced with new notes.

When you "spend" paper money, you aren't exchanging money at all, your exchanging proof of ownership......"I promise to pay the bearer on demand the sum of".
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