It's people being able to turn them into “real” money -- uttering -- which makes the money. So, the deal was that young lads would buy these fake £20 notes off the printers, or their compadres. It's when people lose money -- pay £19 change on a fake £20 -- that the trust in that fiat money is destroyed. Fake money isn't, in fact, all that much of a problem in the grand scheme of things. If we stop believing the pieces of paper are real money then all of it's worth nothing, not just the fakes.

Source: Dhaka Tribune March 09, 2026 19:01 UTC