Cryptocurrency Q&A
Can money rot in a safe?
Can money rot in a safe?
KatanaSword
Tue Jun 25 2024
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6 answers
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Inquiring minds want to know: could currency actually deteriorate, even if securely stored in a safe? The conventional wisdom suggests that cash is a stable asset, impervious to the elements. But what if we delve deeper? Could the humidity, temperature fluctuations, or even the chemical composition of the safe itself have a corrosive effect on the paper bills or metal coins? Could the inks fade, the paper fibers degrade, or the metal alloys corrode over time? Would this deterioration be gradual, or could it happen suddenly, leaving the owner with a stack of worthless paper or a pocketful of rusty coins? The question begs for an answer, and we seek to uncover the truth behind the proverbial safety of money in a safe.
6 answers
Sebastiano
Thu Jun 27 2024
The durability of cash is often overstated.
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Raffaele
Thu Jun 27 2024
Although cash is more resilient than items like printer paper, it is not invulnerable.
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amelia_jackson_environmentalist
Wed Jun 26 2024
Over time, cash can sustain wear and tear, leading to tears and rips.
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Isabella
Wed Jun 26 2024
Furthermore, cash is susceptible to moisture and humidity, which can cause it to rot or mold.
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isabella_doe_socialworker
Wed Jun 26 2024
This deterioration can reduce the value of cash, making it less useful as a medium of exchange.
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