The Complex Reason £100 Million Notes Exist

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  • Опубликовано: 16 окт 2020
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    Credit:
    KMTV Made for Kent: • Kent Police dealing wi...
    Queen Elizabeth II's age progression animation: • Top 10 Facts - Money
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    Big Thanks to people who support this channel through Patreon:
    Harmon Roy
    Until Now
    Łukasz Jerciński
    Chris
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    Aidan Dominy
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    Thank you all for helping me make more, better videos.
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    Produced, Written and Edited by: Md Rashid Khan
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Комментарии • 1,1 тыс.

  • @SidenoteChannel
    @SidenoteChannel  3 года назад +305

    For simplicity, I've only included the northern Ireland (that continues to be a part of the UK) while discussing the history of regional banks in Ireland, prior to the partition. It's not an issue as long as you talk about the history of banking only in these regions.
    Including Ireland and its currency (pre/post-partition) would make this video too long and too complicated.
    0:50 I guess, I misspoke 'denominator' for 'denomination'.

    • @FourNoobs609
      @FourNoobs609 3 года назад +5

      It’s 1 am my guy

    • @allftw2677
      @allftw2677 3 года назад +2

      I'm the 3rd reply

    • @consciousness147
      @consciousness147 3 года назад +3

      You guys! 😃 You need to update your Christmas song! 🎄 "it's beginning not to look alot like Christmas" we need a new one :D ♥ 🎄

    • @NocturnalDoom
      @NocturnalDoom 3 года назад +2

      2:08 “literally worth that” if by that you mean nothing then sure. Let’s all remember our current financial system and notes are backed by nothing by faith. The gold standard is long gone.

    • @ThatsNotMyArm
      @ThatsNotMyArm Год назад

      @@NocturnalDoom The entire concept of money is backed only by the mutual agreement of everyone that it’s worth something. Your point being?

  • @cholententertainment6516
    @cholententertainment6516 3 года назад +1977

    It would really make my day to find one of those on the floor

  • @reecehaire9124
    @reecehaire9124 3 года назад +369

    For when you visit Waitrose

    • @JoKujo
      @JoKujo 3 года назад +12

      Not enough for Waitrose :/

    • @Lily-qy3rb
      @Lily-qy3rb 3 года назад +3

      The only time I go to Waitrose is just to get ice cream

    • @Lily-qy3rb
      @Lily-qy3rb 3 года назад

      The only time I go to Waitrose is just to get ice cream

    • @elias_xp95
      @elias_xp95 3 года назад

      @@bobsemple7660 What's wrong with eating horse? It's delicious.

    • @hungryharvey6309
      @hungryharvey6309 3 года назад

      @@bobsemple7660 yea but at teso you can get a meal deal

  • @Modenut
    @Modenut 3 года назад +532

    **slaps the Titan on the counter**
    "Give me a Whopper. With bacon. And make it snappy."

    • @kappen5902
      @kappen5902 3 года назад +63

      Sorry we dont do change so we will give u a free chocolate bar instead

    • @subhanqureshi1630
      @subhanqureshi1630 3 года назад +39

      Thats your £99,999,993 in change

    • @noobgamer-rel
      @noobgamer-rel 3 года назад +8

      @@kappen5902 cashier : and a lifetime of free burger King meals

    • @whaddyamean99
      @whaddyamean99 3 года назад

      Bacon Cheese whopper no onion please

    • @noobgamer-rel
      @noobgamer-rel 3 года назад

      @@alexander-mauricemillamlae4567 me reading this comment : 🤣🤣🤣🤣

  • @LVBRIP
    @LVBRIP 3 года назад +265

    I visit Scotland as often as possible, and have no problem accepting Scottish notes, as I have a hassle free way of spending them in England: I just use the self checkout in a supermarket, which accepts any legal UK money.

    • @adam6543
      @adam6543 Год назад +10

      Except £50

    • @thea1990x
      @thea1990x Год назад +18

      say what you want about self checkouts but they won’t judge your money! 😅

    • @Getslashfucked
      @Getslashfucked Год назад +8

      @@thea1990x I don’t know, some of them are utter shithouses when it comes to coins, or if the note has a slight crease 🤣

    • @tasnim569
      @tasnim569 Год назад

      @@Getslashfucked same with self checkout in the US its so picky

    • @Jakey4000
      @Jakey4000 Год назад

      @@tasnim569 that's a constant around the English world, and I assume the rest of the world. I had problems with notes in self checkouts in Canada, Australia, and New Zealand. Also the US but you covered that one haha.

  • @posterizedsoul4810
    @posterizedsoul4810 3 года назад +758

    Title*"Why the UK has 100 Million Pound Banknotes"
    Simple reason-"They represent age of the Queen."

    • @ciacentralintelligenceagen6059
      @ciacentralintelligenceagen6059 3 года назад +31

      God save the Queen

    • @justsomepersononyoutube9271
      @justsomepersononyoutube9271 3 года назад +7

      Absolutely

    • @christopherenlog3626
      @christopherenlog3626 3 года назад +6

      God damn poor Charles

    • @theimperialinquisition5009
      @theimperialinquisition5009 3 года назад

      So you Haven't Heard The Immortal man of the phillipines Enrile The Brother of Jesus who has Known every Historical Events He even had a Pet Dinasour called Brownie in the age of the Dinasours but died because of The Asteroid that Destroyed The Dinasour Race.

    • @ballsofplastic
      @ballsofplastic 3 года назад +1

      @@theimperialinquisition5009 immortal means can't die his not immortal if his dead lmao

  • @teddyroosevelt2838
    @teddyroosevelt2838 3 года назад +147

    I’m Scottish and the amount of times someone has said in England “sorry we don’t accept euros”

    • @Michael_Humphries
      @Michael_Humphries Год назад +6

      xD some of us are built different

    • @keithparker2206
      @keithparker2206 Год назад +1

      They are fools -- the € is a far safer bet than the £!

    • @circe2258
      @circe2258 Год назад +4

      @@keithparker2206 what?

    • @JasonCoulls
      @JasonCoulls Год назад +2

      The Euro, in England is about as much a legal tender as the American Dollar.... it's not.

    • @guntherdergarstigeganter6431
      @guntherdergarstigeganter6431 Год назад

      @@JasonCoulls Only that he was trying to pay with scottish pounds, which where mistaken for euros by the english.

  • @Pwn3dbyth3n00b
    @Pwn3dbyth3n00b 2 года назад +16

    Whered you go

  • @s3vva
    @s3vva 3 года назад +645

    If you ever feel like a failure:
    Just go to Zimbabwe, where eight year olds are trillionaires

    • @IN-pr3lw
      @IN-pr3lw 3 года назад +36

      I'm from Zimbabwe 😂

    • @noobgamer-rel
      @noobgamer-rel 3 года назад +4

      @@IN-pr3lw :V

    • @user-xb9yv2ci4c
      @user-xb9yv2ci4c 3 года назад +2

      @@IN-pr3lw How much money do you have?

    • @Kyzerii
      @Kyzerii 3 года назад +19

      we got 50 cent. they got 50 trillion dollars.

    • @noobgamer-rel
      @noobgamer-rel 3 года назад +3

      @@Kyzerii you not we

  • @thomhoff1431
    @thomhoff1431 3 года назад +632

    Only British people know the anxiety that builds up whilst you're waiting in line to pay with a Scottish bank note in England 😂

    • @r.brooks5287
      @r.brooks5287 3 года назад +60

      It's fine as long as you don't scream at us that Scotland is in the UK when we look at the note. We (shop assistants) have to look to see if it's not fake and is still in circulation. We check all notes but English notes being all the same makes it very quick so customers don't realise we're doing it. There's also the confusion over which way round to put it in the till. Which side is the front?

    • @Mr_Makina
      @Mr_Makina 3 года назад +15

      @@r.brooks5287 its your lots attitude when you take our, fair enough it needs inspected but its like a CID investigation with monopoly money and the English wonder why we really can't be arsed with it... we come across English notes daily, there's a couple in my wallet, I highly doubt that's not the same as England.

    • @r.brooks5287
      @r.brooks5287 3 года назад +32

      @@Mr_Makina No, and that is why it's a problem. Banks should leave more non English notes in circulation in England rather than taking them straight out. Familiarity would make it much easier. In twenty years of similar jobs, I've only dealt with one Bank of Belfast £5 and no other NI notes at all. Also, new Scottish £20s are obvious but telling the still legal older ones from the even older no longer legal ones isn't easy when we don't see either often and the customer is glaring at us. I'm in Lincolnshire so there might be more in circulation further north, but I think it's a case of the banks removing them as soon as they can.

    • @R0ice
      @R0ice 3 года назад +3

      @@r.brooks5287 i live in the North East and its the exact same, I've seen Scottish notes maybe a handful of times while in England.

    • @Anakinuk007
      @Anakinuk007 3 года назад +6

      Agreed, I live in the South East and haven’t seen a Scottish note since maybe 2002 and that was only because I was working in London briefly. Even then Scottish notes although valid, would not be accepted by many English people nor would most retailers except them, only banks. It really is a case of the notes are so extremely rare, it is sensible to decline them. Scotland wouldn’t accept notes they weren’t familiar with either

  • @erikjs
    @erikjs 3 года назад +73

    A few years ago, my father was on vacation in Scotland. He had Bank of Scotland notes and was soon going to be traveling to London. He asked a bank teller if his Bank of Scotland notes would work in London and the teller told him that they were valid currency, but offered to exchange them for Bank of England notes because “some people in London might look askance at them”.

    • @MrFriendlyCsgoContent
      @MrFriendlyCsgoContent Год назад +5

      yeah lad cant get your hair cut with a scottish note

    • @Darkest_matter
      @Darkest_matter Год назад +1

      @@MrFriendlyCsgoContent yeah. You can use em in Asda and Tesco, and that.. but not in local shops

  • @felixrohs
    @felixrohs 3 года назад +13

    pls upload again :(

  • @cmcgarry250
    @cmcgarry250 Год назад +68

    How much security is actually needed for these? I feel like if it was stolen, it would be very hard to spend, and presumably the bank could mark it as stolen by serial number and make another

    • @protonnumber8867
      @protonnumber8867 Год назад +18

      Exactly why they dont bother adding any security features to the notes. No-one knows what they are, and everyone that does knows that you shouldnt have them.

    • @georgesbush9361
      @georgesbush9361 Год назад +4

      They aren’t legal tender, so the premise is all wrong. Their no different to a promissory note

    • @staticbuilds7613
      @staticbuilds7613 Год назад +2

      They are only valuable to other banks and I can imagine a whole security check needs to be made before they are used, like a meeting between the bank managers and a whole procedure with signatures and checks to transfer the money so they are useless to normal people

  • @liamlabm
    @liamlabm 2 года назад +9

    Ayo where r u at?

  • @dunkmetal3264
    @dunkmetal3264 3 года назад +10

    Whe r u man come back :(

  • @tezlt9994
    @tezlt9994 3 года назад +183

    Imagine finding a note on the floor so you pick it up and it says it’s a 100 million pound note

    • @svampebob007
      @svampebob007 3 года назад +21

      lol that sounds like what politicians would say.
      "oh look a 100 million pound note.... haha nah just fucking with you it's your taxes, oh what's that? my wallet? oh silly you, stop looking at me, go do your taxes we need that for [insert lie]!"

    • @tezlt9994
      @tezlt9994 3 года назад +2

      @@svampebob007 too true labour seem to be pretty good with that I would say they are one of a kind with the old where has my taxes gone game

    • @addust
      @addust 3 года назад

      i'd just bring it back to the bank of england and request compensation. they'd probably give quite a bit as they just got an OP Titan back

    • @mistersquirrel0
      @mistersquirrel0 3 года назад +3

      You'd never able to pick it up because it weighs 100 million pounds.

    • @ubayedkabir6977
      @ubayedkabir6977 3 года назад +2

      And then u put it in the bin because you think it is fake

  • @joemccann1732
    @joemccann1732 3 года назад +76

    I've been accused of fraud because I had $2 bills. Best buy threatened to call the cops... I asked him he just wanted to Google it really quick or call a manager over... got $10 off my purchase. Nice.

    • @joaocosta3374
      @joaocosta3374 Год назад +3

      Lawyer pilled and noice

    • @Jakey4000
      @Jakey4000 Год назад +1

      Had Americans look sideways when I used the US $1 coins that came out of a vending machine from the train station in Seattle, it was clear afterwards that Americans don't often deal with $1 coins like the rest of the English world.

    • @joemccann1732
      @joemccann1732 Год назад

      @@Jakey4000 very true. we use those weirder things like 2 dollar bills and 1 dollar coins around major transportations hubs and thats about it. im from the seattle area-ish and thats the only place ive ever been given 50 cent pieces and 2 dollar bills. vending machines have the possibility to but... too rare for me to see. gotta hit the bank and make a request for such oddities

  • @netking66
    @netking66 3 года назад +19

    The Giants and Titans are also used internally within the Bank of England as far as I know. Ordinary notes can only be released for circulation if the requisite Giants and Titans are held.

  • @caven7056
    @caven7056 3 года назад +14

    What happened to this channel?

  • @radranks6281
    @radranks6281 3 года назад +402

    When i lived in zimbabwe I was once richer than Jeff bezos, until I bought bread 🍞

    • @midmeh
      @midmeh 3 года назад +8

      Hyperinflation lol

    • @ivanandresroldanascanio4363
      @ivanandresroldanascanio4363 3 года назад +17

      Sounds like you did the worst deal in history.

    • @mukulutudu7056
      @mukulutudu7056 3 года назад +5

      This another case of UK's neocolonialism in Zimbabwe. They try it in Hong Kong. They failed

    • @dinozaurpickupline4221
      @dinozaurpickupline4221 3 года назад

      Jeff bezos:hold my amazon bread prime

    • @Mr_Makina
      @Mr_Makina 3 года назад +5

      You mean occupied Rhodesia ?

  • @ayushsinghal604
    @ayushsinghal604 2 года назад +11

    Bro why no more videos??

  • @Goldenblitzer
    @Goldenblitzer Год назад +19

    I work in a supermarket and we’re constantly getting taught to look for any inconsistencies in notes, and know a fiver like the back of our hands, so when you’re given a bank note from not the BoE it’s jarring as you can’t really know if it is counterfeit or not, so we just accept them, plus they look REALLY cool, and think it’s a shame that they aren’t more common

    • @Darkest_matter
      @Darkest_matter Год назад

      @Keltic D wasn't it 9/10 coins were fake??

  • @tt-ew7rx
    @tt-ew7rx 3 года назад +23

    Bank of England notes, in England, can also be refused by one party of a transaction, and the government has no power to force them to change their mind. You can literally price your goods in pounds then demand contactless payments only, effectively not recognising paper money as pounds. In the UK, the legal status of cash is just that the issuing authority promises that it is worth what's printed on it at that particular authority. Legal tender means that the government recognises the right of particular authorities to do this, and not others. It's only used in trade if both parties agree to use it as a medium. As a result, it is perfectly legal for someone to demand trading in euros or bitcoin or toilet rolls and not in pounds, and if both parties agree then so be it. This is different from the government issuing money bearing the signatures of treasury secretaries, which the government then enforce must be accepted in trade.

    • @angusmcewing3557
      @angusmcewing3557 Год назад +1

      In Scotland at least legal tender means that a payment of a court debt made in that tender cannot be refused. In Scotland that means coins since we have no recognised legal tender notes. But unless the meaning is different South of the border then at the ultimate stage the government can force you to accept payment in legal tender. It's not just about issuing. The Bank of England doesn't issue coins for example, the Royal Mint does. But both coins and BoE notes are legal tender in England. Whereas any can issue Legal Paper or Bills of Exchange (which is the legal status of Scots notes). Companies sometimes also issue bills of exchange for certain things (old fashioned cheques are also Bills of Exchange) but Scottish notes are a special subset with defined legal protections.

    • @tt-ew7rx
      @tt-ew7rx Год назад +1

      @@angusmcewing3557 Yes. Legal tender, in any jurisdiction, also means that if a participating party, either as one of the trading parties or an arbiter, is the government, then the transaction must be in the legal tender. It's when a purely private trade is concerned where the laws may differ.

    • @angusmcewing3557
      @angusmcewing3557 Год назад

      @@tt-ew7rx Parties can naturally agree any terms they wish, subject to statutory or common law restrictions. But at the end of the day one party either gets paid first or does the work first and if you need to get paid when a party breaks contract you need courts to enforce. A contract doesn't grant the right to be paid, but the right to sue to be paid, as is a well known aphorism amongst contract lawyers.

    • @Bear-Seek-Seek-Lest
      @Bear-Seek-Seek-Lest Год назад

      Like paying for something in 1p coins.

    • @tt-ew7rx
      @tt-ew7rx Год назад

      @@Bear-Seek-Seek-Lest Imagine buying a new Tesla using 1p coins...

  • @the101.6
    @the101.6 3 года назад +3

    Found your channel though the Australian airline heist. Really nice channel loved it. Subscribed it and alec's channel as well.

  • @nicholas1867
    @nicholas1867 3 года назад +79

    Imagine owning a piece of paper worth more than my whole family’s life earnings

    • @isaacmason3939
      @isaacmason3939 3 года назад +3

      Imagine if you lost it

    • @Alexmarr14Blogspot
      @Alexmarr14Blogspot 3 года назад +10

      Yeah it's called a £1 note in Scotland

    • @operation_bravo9741
      @operation_bravo9741 3 года назад +2

      Your entire family tree*

    • @AnimatedStoriesWorldwide
      @AnimatedStoriesWorldwide 3 года назад

      Imagine thinking your family's earning will reach 100 million within 500 years...

    • @dcarbs2979
      @dcarbs2979 2 года назад

      @@AnimatedStoriesWorldwide It's possible. 1850s £100 is worth about £1 today, so in 500 years, it'll be like a whole family earning £1m in their lifetime today. Quite possible for 4 people to earn £250k each in their life - even in low level work. How much you can buy with that currency is another matter.

  • @moderneducationalstandard
    @moderneducationalstandard 3 года назад +127

    UK: has 100 million note
    Zimbabwe: Hold my beer
    Germany: No no no..... Hold MY beer. ;)

    • @hamburgerhamburger4064
      @hamburgerhamburger4064 3 года назад +16

      Hungary:
      Hold my hungriness

    • @hamburgerhamburger4064
      @hamburgerhamburger4064 3 года назад +5

      100,000,000,000,000,000,000 dollar bill

    • @economicsinaction
      @economicsinaction 3 года назад +7

      Oh damn, you know its serious when the German says hold my beer!

    • @manhoosnick
      @manhoosnick 3 года назад +3

      Venezuela : Hold my tequila senõr

    • @carltomacruz9138
      @carltomacruz9138 3 года назад +5

      @@manhoosnick:
      More like, hold my Ron, Señor.
      Rum (Ron) is the drink of choice in Venezuela.

  • @jasonaris5316
    @jasonaris5316 3 года назад +13

    If you change notes abroad (if you can) you get a lower exchange rate for Scottish and NI notes than English notes. It’s more the higher fraud risk than actually classing them a less actual value

  • @shoredude2
    @shoredude2 2 года назад +12

    When the Hungarian pengő was replaced by the forint in 1946, all the pengő notes in circulation were worth less than $0.40 USD. The new forint was worth 400 octillion pengő.

    • @nienke7713
      @nienke7713 Год назад

      Edited to add: I misread the OP, people have rightfully corrected me, I'll leave my original comment below for context
      1 pengő = 0.40 USD
      1 forint = 400 octillion pengő
      then:
      1 forint= 0.40 USD/pengő ×400 octillion pengő = 160 octillion USD
      I sincerely doubt that's correct

    • @circuit10
      @circuit10 Год назад +1

      @@nienke7713 They said all the notes in circulation were worth 40 cents in total, not a single one

    • @owenstockwood5040
      @owenstockwood5040 Год назад +2

      @@nienke7713 No. Every pengo in circulation in the entire country combined=

    • @nienke7713
      @nienke7713 Год назад +1

      @@circuit10 ah, thanks, I misread that, then it makes more sense

  • @London-Lad
    @London-Lad 2 года назад +7

    Where's this channel gone?

  • @yousseffarid6830
    @yousseffarid6830 3 года назад +43

    When u buy 1,000,000 pound bill for only 69,000 pound
    STONKS

    • @JerKKeR
      @JerKKeR 3 года назад +3

      Now try finding a place to spend it...

    • @yousseffarid6830
      @yousseffarid6830 3 года назад +1

      @@JerKKeR Good morning, Airbus .
      Yeah i would like to ask about a plane for like 100m
      Airbus: 100m r u kidding me go and cry in ur poverty

    • @that1niceguy246
      @that1niceguy246 3 года назад +4

      "Yeah, hello Airbus, i would like to buy an A320, don't worry, i'll pay in cash."

    • @mattw4211
      @mattw4211 3 года назад +1

      Didn't he say it's legal tender? Doesn't that mean banks need to accept it?

    • @patient315
      @patient315 3 года назад

      @@mattw4211 oh my god that’s so smart, making 900000 pound profit and putting it in the bank

  • @Peter-iq9yy
    @Peter-iq9yy 3 года назад +83

    Great video - only issue is that Northern Ireland wasn't a separate political entity like it is today at that time, Ireland in its entirity was part of the UK. Northern Ireland was broken off in 1922 and remained part of the UK, when the Irish Free State then came to power south of the border.

    • @Peter-iq9yy
      @Peter-iq9yy 3 года назад +3

      @@therealdave06 The pinned comment was made after mine, check the timing

    • @therealdave06
      @therealdave06 3 года назад +1

      @@Peter-iq9yy I swear yours said 1 day ago as well. Oh well sorry

    • @Beetless
      @Beetless 3 года назад

      @@therealdave06 -better be-

  • @blakehull5210
    @blakehull5210 3 года назад +26

    The constantly rotating map is the most stressful part of this video.

  • @valiatus6719
    @valiatus6719 3 года назад +17

    Damn man... I'm like uh, a collector... Can I have one just to like... Collect?

    • @xander1052
      @xander1052 3 года назад

      if you have a few million bob sure

    • @bobbobskin
      @bobbobskin 3 года назад

      I have a replica :)

  • @economicsinaction
    @economicsinaction 3 года назад +74

    I wouldn't say no to a £100,000,000 banknote

    • @seneca983
      @seneca983 3 года назад +2

      But what about a £1,000,000 banknote?

    • @isaacmason3939
      @isaacmason3939 3 года назад +3

      @@seneca983 I'll take your entire stock

    • @neilfranklin5644
      @neilfranklin5644 3 года назад +4

      Yeah but try getting change at the corner shop.

    • @dcarbs2979
      @dcarbs2979 2 года назад

      @@neilfranklin5644 Go down the local Ferrari dealership or high-end auction house.

  • @tawtsai
    @tawtsai 3 года назад +37

    Fantastic video! As an American traveling in the UK last year (2019), I thought it was interesting that after a return trip from Edinburgh to London, the employees behind the counter at a store in London had to discuss if my Scottish bills were legit or not. This clarifies it big times!

    • @Kaiyats
      @Kaiyats 3 года назад +4

      Yeah I work in a store and I accept them because I’m not an idiot but most people are so I apologise about that haha

    • @dasy2k1
      @dasy2k1 3 года назад +4

      There was a large problem a few years ago with criminals trying to pass fake Scottish notes in England. Mainly because they are hardly ever seen south of the boarder so most shop workers wouldn't know what a legit one looks like. (not to mention the 3 different designs)
      I would accept Scottish and Northern Irish notes but excluding the £1 and £100 denominations which do not exist in bank of England notes (and not all 7 of the others issue them either)

    • @OHYS
      @OHYS 3 года назад +2

      I am English, and have lived here my whole life, and it wasn't until a few months ago that I discovered that they have different banknotes in Scotland. My mind was completely blown

    • @greek9244
      @greek9244 Год назад

      Happens all the time when I go to England to see my family. They always think my northern Irish notes are fake

  • @greywolf4330
    @greywolf4330 Год назад

    A really excellent video with accurate up to date information. The only thing I may add is that Scottish notes are an 'Authorised' currency and Northern Irish notes are an 'Accepted' currency. Great video 👏

  • @krisinsaigon
    @krisinsaigon 2 года назад +8

    in almost thirty years of living in England, I don't know if i ever once saw a scottish bank note. I have seen money from the Isle of Man sometimes, but never from scotland or northern ireland. I think in england there only use is when scottish people visit, use them in a shop, and then the shop deposits them in a bank. They are not really in circulation- you wouldn't get them from an ATM and a shop would not given you any back in your change. I wouldn't know if i saw one if it was real or forged

    • @giggity4670
      @giggity4670 Год назад

      I bet you didn't know but money from Isle of Man is not legal tender in the UK but because they look the same as the UK ones people accept them anyway as seen lots of Isle of Man coins. But under the law it is not legal tender at all even banks can reject them but they dont as it easy to get rid of as looks identical to the UK ones.

  • @aapkefather1872
    @aapkefather1872 3 года назад +42

    MrBeast's next video: Tipping a waitress with £100 million note in England.

    • @CoffeeOn
      @CoffeeOn 3 года назад

      £100 million pound not is no longer used anymore.

  • @p1dgen990
    @p1dgen990 2 года назад +2

    just came from a reddit thread where internet historian gave advice on your channel, amazing to see how your channel grew from 1000 then to 300k now in 2 years

    • @ThisIsThePlanet
      @ThisIsThePlanet 2 года назад

      How can I find the reddit you're talking about?

  • @SteveFerson
    @SteveFerson 3 года назад +9

    Fact check: the Northern Bank (then owned by an Australian bank, later sold to Danske) was issuing polymer notes at least as far back as 2008. I still have one of them.
    Edit: I realise you said Clydesdale in 2015 was the first in *GB* but still...

  • @brad5426
    @brad5426 2 года назад +17

    English here, I'm not against Scottish, Welsh or Northern Irish banknotes, in fact I never even knew they existed. I would have probably refused them as a shopkeeper too. Reason, they vary too much from the English pound note so I don't blame shopkeepers for thinking they're not legitimate. Partially to blame is the lack of status, but there is an incredible lack of design consistency. Want proof? Verticle bank notes.

    • @greek9244
      @greek9244 Год назад +2

      I understand that there are a lot of bank note variations but I don’t want all the bank notes to just be Bank of England as the danske bank, Ulster bank and bank of Ireland notes shows what Northern Ireland is. It’s unique and shows NI not just England 🏴󠁧󠁢󠁥󠁮󠁧󠁿

    • @jonathanodude6660
      @jonathanodude6660 Год назад

      pretty sure ive seen (pictures of) vertical euros.

  • @MrInsomniac19
    @MrInsomniac19 Год назад +3

    1:58 - Well that aged well. Inflation now at 10%

  • @genesis1914
    @genesis1914 3 года назад +2

    the titan would still only get me 5 meters in a black cab

    • @asparadog
      @asparadog 3 года назад

      If you're not in London or a tourist area, Google the distance and price of an Uber, then go to any taxi rank and say "Uber says £X, who's willing to drive for that?"

  • @omniscient9533
    @omniscient9533 3 года назад +42

    Also, the Scottish notes were distrusted as they were easier to counterfeit at one point in time. Now, not the case but living up North it was crushing when my £10 was worth 0.

    • @darrenstrathdee7425
      @darrenstrathdee7425 3 года назад +9

      Theres more fake english note than scottish notes.

    • @darrenstrathdee7425
      @darrenstrathdee7425 3 года назад +1

      @@richardgribbin9641 ok mr bank of england

    • @d544
      @d544 3 года назад +1

      @@darrenstrathdee7425 Why are you so mad?

    • @Mo-hc9lc
      @Mo-hc9lc 3 года назад +2

      @@d544 hes probably a snp supporter who's mad you spoke of Scotland

  • @adamanderson4811
    @adamanderson4811 3 года назад +4

    The Ulster Bank vertical notes actually weren’t the first in the country. Danske Bank (which was then Northern Bank) released a vertical polymer note to commemorate the turn of the millennium. Their production stopped in 2004.

  • @stevenlewis9234
    @stevenlewis9234 3 года назад +42

    Imagine buying a pack of chewing gum with one of these 😂

    • @hasoonnine
      @hasoonnine 3 года назад +1

      And then the cashier has to give you back the change

  • @duncanread4442
    @duncanread4442 3 года назад

    Grate vid. Covered all the questions 👍

  • @AlmightyCRJ
    @AlmightyCRJ 3 года назад +2

    In fairness, England & Wales cashiers normally don't accept non Bank of England notes because they are not trained on the security measures used to verify its authenticity.
    IIRC there is also no law ordering the receipt of ANY decimal pond note, including Bank of England.

  • @darthslackus499
    @darthslackus499 3 года назад +18

    Buys a pack of gum. "Yeah, I'm going need change for that Titan."

  • @seanbailey8545
    @seanbailey8545 3 года назад +19

    Bout to head into my local store and buy 50p gum and ask for 99mil in cash.

  • @desiguy995
    @desiguy995 Год назад +1

    Imagine shopping in Sainsburys and giving a million pound note.

  • @markfoggy9933
    @markfoggy9933 Год назад

    Best thing I've seen in ages. love it.

  • @tickingtimebomb1814
    @tickingtimebomb1814 3 года назад +54

    Imagine trying to buy a sandwich at a corner store and only having a £100,000,000 bank note 😂 "do you have change for this?"

    • @-AirKat-
      @-AirKat- 3 года назад +3

      “Hold on, lemme just ask every cashier in town real quick”

    • @koololll834
      @koololll834 3 года назад +1

      Let me call the prime minister real quick

    • @siennabartlett9993
      @siennabartlett9993 3 года назад +1

      Let me call the queen real quick

    • @tickingtimebomb1814
      @tickingtimebomb1814 3 года назад +1

      Lemme call God real quick

    • @bencarpendale
      @bencarpendale 3 года назад

      let me call everyone from existence real quick

  • @haggishighways
    @haggishighways 3 года назад +17

    Paying with my Scottish notes in England is such a stressful ordeal.

    • @rugbyjames3718
      @rugbyjames3718 3 года назад +4

      It’s honestly because people have never seen one before and most people don’t even know Scottish notes are any differently Bank of England ones. It’s not ‘ignorance’ or anything sinister at all (usually)

    • @vuvuvu6291
      @vuvuvu6291 3 года назад

      So, when you were turned down, how do you exchange the money for English notes?

    • @rugbyjames3718
      @rugbyjames3718 3 года назад +1

      @@vuvuvu6291 you don’t you just tell them it’s legal they ask their manager and usually that’s it

    • @vuvuvu6291
      @vuvuvu6291 3 года назад +3

      @@rugbyjames3718 so, you just go Karen about it 😂

    • @gregoryspatisserie9858
      @gregoryspatisserie9858 3 года назад

      @@vuvuvu6291 Not being able to buy something you need like food and water because a person doesn't know/understand it's legal tender is inherently wrong. You ask for their manager as they're usually older and more experienced and they will go yes that's legal tender we take it. I would not feel comfortable taking a Scottish note at a young age because I didn't know there were even any. A customer or me asking for my manager to verify is not being a Karen you utter mug.

  • @sepgorut2492
    @sepgorut2492 Год назад +1

    I'll need one of those notes to pay my gas bill this winter.

  • @dnljs89
    @dnljs89 Год назад +1

    You're right that Clydesdale was the first in GB to issue a polymer note, but Northern Bank (now Danske) in NI was the first in the wider UK to issue one - all the way back in 2000.

  • @aerikbishop
    @aerikbishop 3 года назад +3

    Its been 6 months my dude, gib more video!

  • @alephnull6691
    @alephnull6691 3 года назад +40

    "This is Zimbabwe's 100 trillion dollar note equivalent to a whopping 40 US cents"

  • @Rialagma
    @Rialagma Год назад

    OMG I've been looking for this information for ages!! I've always wondered why these random banks were allowed to print pound sterling.

  • @DJKeemyTV
    @DJKeemyTV 2 года назад +2

    Where’d you go😢

  • @syedbilalnafees2002
    @syedbilalnafees2002 3 года назад +63

    I'm a brit but I have never seen/ herd of these notes before. The more you know I guess

    • @labrat256
      @labrat256 3 года назад

      I live in Manchester and they occasionally make their way down here, mostly Scottish ones but rarely NI. I also sometimes go to Scotland and have, thus far, not been refused spending Scottish notes back in England except at a vending machine.

    • @UnclePooSniff
      @UnclePooSniff 3 года назад +2

      Same here. You learn something new everyday

    • @MattDavis_BeechingsGhosts
      @MattDavis_BeechingsGhosts 3 года назад +2

      It's only used for internal accounting. They wouldn't work if you attempted to use them in public.

    • @MattDavis_BeechingsGhosts
      @MattDavis_BeechingsGhosts 3 года назад

      @@bobsemple7660 indeed.

    • @samarthtyagi8727
      @samarthtyagi8727 3 года назад

      fukin illiterate

  • @Borderlynx
    @Borderlynx 3 года назад +14

    I really like how these islands were shown in different orientations (i.e. not just with North at the top), there's something about it that makes the familiar shapes appear in a new light 😄

  • @Fatherlake
    @Fatherlake 3 года назад

    This is fascinating thank you

  • @guestandsons
    @guestandsons 3 года назад

    Very interesting. I learnt new stuff. Thanks for posting.

  • @athiftsabit1208
    @athiftsabit1208 3 года назад +7

    Comebackkkkk

  • @CarbonTech19
    @CarbonTech19 3 года назад +4

    Local grocery store, "For the 1000th time, No, we can't break it and no you can't owe us!"

  • @YusuphYT
    @YusuphYT 3 года назад

    Great video! Loved it 💙

  • @ANDYGLEGENDSSING
    @ANDYGLEGENDSSING 8 месяцев назад

    Awesome job on this thanks from uk

  • @aidensevern2814
    @aidensevern2814 Год назад +4

    *Britain hasnt has any serious inflation in ages* laughs in lizz truss

  • @drrd4127
    @drrd4127 2 года назад +25

    My dad when we visited England loved given his Scottish note to English retailers, when they got rejected he loved reminding him "it's legal Tender!", Like, we were laughing and talking the piss out of them, it was all a laugh usually we just had some English notes on us because the Scottish notes get rejected on a regular basis but we just used them for a laugh because of the English reaction to the notes.

    • @franklingoodwin
      @franklingoodwin Год назад

      Lol. There's no such thing as "legal tender". You knew this but they didn't

    • @giggity4670
      @giggity4670 Год назад

      The only reason they reject the notes is on they dont know if it is real or not as they are not taught on what to look for and if they do accept it it really hard to give away as people dont want to be paid back in the note as it is hard to give away to other places and only place to go is a bank or post office as they have to accept it that is the only place you can scream legal tender is bank or post office as they cant reject it. So it is just a pain to have to go to change it over to english note if you have them that is why they dont accept them.

    • @franklingoodwin
      @franklingoodwin Год назад

      @@giggity4670 Banks and Post Office's can refuse, but don't as per the directive of the Bank of England that they shouldn't (except in certain circumstances). You wouldn't for example by able to go and deposit a note from the 1990s for instance. Even the Bank of England say that anyone can refuse payment though

    • @giggity4670
      @giggity4670 Год назад

      @@franklingoodwin Ok just looking it up you are right on the banks and post office but on the bank of england site does say Our notes always keep their face value. If your local bank, building society or post office won’t accept them, then you can exchange them with us. as they will always take them even the old £1 notes as i did take one to a barclays bank a while back to test it and they changed it over no problem so the old ones still hold their value and banks rarely dont accept them but the bank of england in london will take them and not refuse to. Plus something interesting on the bank of england site says English banknotes aren’t legal tender in Scotland. Scottish notes aren’t legal tender in England or Scotland i did not know that.

    • @Darkest_matter
      @Darkest_matter Год назад

      @@franklingoodwin why can't you?

  • @sasproductions701
    @sasproductions701 Год назад

    this was lovely to watch with the queen R.I.P our lady.

  • @pokeepoof
    @pokeepoof Год назад +1

    I once was given a scottish 10 pound note and Yes I genuinely had never seen one before and questioned if I could even spend it or if it would be accepted as legal currency and I got rid of it as fast as I could by using it at the corner shop. I disagree with the suggestion that they should just use bank of england notes, they made their own stylized currency which has features from their history and culture, we should respect that, we're not here to take away their identify but we definitely need more awareness that their currency exists and is fully usable and should be accepted throughout the UK.

  • @unclerubo
    @unclerubo 3 года назад +21

    This partly explains why a friend and I were frowned upon when we paid in a Belfast pub using our leftover Enlglish pounds...
    We were very confused as we were just a couple of southern European tourists having a beer...

    • @notthatyouasked6656
      @notthatyouasked6656 3 года назад +2

      Yes, I once got a Bank of Ireland note as change in London. It was close to a week before I found someone who would accept it, and even then the vendor was not happy.

    • @stephenbeyer4315
      @stephenbeyer4315 3 года назад

      As an Australian travelling the UK, we were told our English pounds weren't going to be accepted in Scotland

    • @PS-ru2ov
      @PS-ru2ov Год назад

      why would using bank of england notes in Northern Ireland be frowned upon? despite its name the Bank of England is the central bank of the UK the Bank of England allow the 3 banks in both Northern Ireland and Scotland to print their own banknotes

    • @PS-ru2ov
      @PS-ru2ov Год назад +2

      @@stephenbeyer4315 bullshit I live in Northern Ireland and Bank of England notes circulate here normally

    • @norawall3546
      @norawall3546 Год назад

      Absolutely untrue, I live in Northern Ireland and English notes are common here

  • @haweater1555
    @haweater1555 3 года назад +6

    I'm from Canada, but I only guess what a nightmare retail workers in Scotland have to deal with handling multiple types, sizes, designs of currency.

    • @dairallan
      @dairallan 3 года назад

      All notes of the same denomination are the same size and colour. Its not really an issue. £1 is green, $5 is blue, £10 is brown, £20 is purple, £50 is, shit dont remember, $100 is red.

    • @pspence9569
      @pspence9569 2 года назад +1

      Each denomination of note is the same colour, makes it easier. Every country in the EU, that use the Euro, issue their one notes. They're all accepted in every nation in the Eurozone. People who deal with cash, they know what to look out for, or they should. England seems to think it's always the exception.

    • @PS-ru2ov
      @PS-ru2ov 2 года назад

      its the same in Northern Ireland where i am from its easy we have 3 banks that issue their own notes
      Ulster Bank
      Danske Bank (used to be called Northern Bank til it was taken over)
      Bank of Ireland
      normal bank of england notes circulate alongside these but its all UK pounds and all worth the same

    • @greek9244
      @greek9244 Год назад

      It’s not really a hassle to retail workers in Northern Ireland… it’s only when we go to England and pay for stuff in NI/ Scottish bank notes. They always get confused

  • @Stego27
    @Stego27 3 года назад +2

    Imagine the look the bus driver would give if you showed up with one of these

  • @AidenDe1
    @AidenDe1 3 года назад +1

    I get an audible ad at the very start and then i get a "this video is sponsored by Audible"

  • @raunakthakur317
    @raunakthakur317 3 года назад +4

    Zimbabwe : I am capable of holding my beer just pay my bills

  • @mikeksp9177
    @mikeksp9177 3 года назад +7

    Im a Serb, i have some Venezuela money in my inflation banknotes collection, found them on a sidewalk once, guess we just attract inflation lol

  • @davidrasmussen5888
    @davidrasmussen5888 3 года назад +1

    Audible is actually not bad, thank you for linking me

  • @schplorgus8140
    @schplorgus8140 3 года назад

    7:33 really like the design on those vertical irish notes

  • @Squareheed
    @Squareheed Год назад +3

    I love how parts of the video include all of Ulster in the UK, very based Mr Sidenote

  • @simonmikkelsen
    @simonmikkelsen 3 года назад +65

    Danske Bank is a danish bank. Its name literally means: Danish Bank.

    • @Emil215p
      @Emil215p 3 года назад +6

      Yea but for some reason Ireland also got Danske Bank

    • @squeaksvids5886
      @squeaksvids5886 3 года назад +13

      @@Emil215p Danske Bank took over the Northern Irish bank Northern Bank.

    • @Sayyian
      @Sayyian 3 года назад +3

      @@Emil215p It's a big bank.

    • @martinhawes5647
      @martinhawes5647 3 года назад +2

      Wow Interesting, Danske Bank prints NI bank notes because it took over northern bank.

    • @IzichiUchiha
      @IzichiUchiha 3 года назад

      Thank you for this vital information Simon

  • @boarbot7829
    @boarbot7829 Год назад +2

    Let’s make a bank of Wales! With glorious dragons on all of the notes!

    • @eireball
      @eireball Год назад +1

      But the coins.. are shaped like dragon scales

  • @Ggdivhjkjl
    @Ggdivhjkjl Год назад +1

    Whoever bought that million pound note for just £69,000 sure purchased a bargain!

  • @minimal5369
    @minimal5369 Год назад +7

    Oh boy this didnt age well

  • @hvhhvvggg8663
    @hvhhvvggg8663 3 года назад +21

    Imagine finding this note in a bank on the floor

  • @Sunflower-lk2xo
    @Sunflower-lk2xo 3 года назад +2

    Our Scotland notes are pretty! We got otters and rabbie burns and a bunch of cool stuff!

  • @justsomepersononyoutube9271
    @justsomepersononyoutube9271 3 года назад +1

    Finnaly you uploaded I thought you left the channel forever

  • @balisticren6155
    @balisticren6155 3 года назад +14

    Best part they put the "specimen" watermark on it.Yea like anyone is ever gonna counterfit that bad boy

  • @FRYSMASH
    @FRYSMASH 3 года назад +14

    The rotation of the map is driving me mad

    • @isrightkev
      @isrightkev 3 года назад

      Definitely

    • @colmg.6572
      @colmg.6572 3 года назад

      It's oriented since oriented means east at the top

  • @boarbot7829
    @boarbot7829 Год назад +1

    People don’t seem to realise that shops do not have to accept currency just because it’s “legal tender”. They could literally decide that they only take payments in potatoes and there’s nothing anyone can do to stop them.

  • @alohatvj
    @alohatvj 3 года назад

    Great video my friend. Thanks for sharing 👌.

  • @sanjay9503
    @sanjay9503 3 года назад +3

    Please upload videos more frequently i like your videos

  • @lzh4950
    @lzh4950 3 года назад +6

    Before I holidayed in the UK I didn't know that Scotland & N Ireland had different bank note designs (because I'd known them to be all using the £
    as well). Maybe that's why I heard that those notes aren't widely accepted at money changers/currency converters outside the UK (due to low international awareness)

    • @PS-ru2ov
      @PS-ru2ov Год назад

      they are worth the same

  • @Bobo0570
    @Bobo0570 Год назад +1

    3:50 Rip🙏

  • @JasonCoulls
    @JasonCoulls Год назад

    Me, watching this from my home in Toronto, when suddenly "Hang on a minute... my mother used to walk me past that row of shops in the 1970s when we lived on Mckenzie Road!" ha ha!

  • @sonicmeerkat
    @sonicmeerkat 3 года назад +9

    Honestly if there was just one variant per country it'd actually be simple, you could identify if something was Scottish instead of if something was from the north or south.
    That and there needs to be better education on money because well, it's a pretty huge problem for tourism if people can't spend their money.

  • @Callumisquestionable
    @Callumisquestionable 3 года назад +9

    As a Scottish person, I can honestly say that if a bank began issuing BoE notes instead, the Scottish people would be very angry. I think this choice might have a lot to do with national identities, but Scotland prefers to differentiate itself from England. I don’t think Scottish notes are going anywhere.

    • @pepin8277
      @pepin8277 3 года назад

      They shouldn't go anywhere... Scotland ain't England, and visa versa. Its a way to show your own culture, and people up North have a completely different one at that!

    • @artsed08
      @artsed08 3 года назад +1

      It's fine, you're welcome to your little fantasies - just don't get it twisted: to play these games, every single pound has to be back by England. We're humouring you, so don't push it, alright?

    • @thea1990x
      @thea1990x Год назад +1

      @@artsed08 and the award for the most English comment goes to you, congrats. Next you’ll be boasting about all the countries you colonised. England really is the greatest country in the world

    • @michaelwitten8570
      @michaelwitten8570 Год назад

      Sure. Whatever gives you the illusion of being an independent nation.

  • @waleedabushaqra9939
    @waleedabushaqra9939 Год назад

    imagine only having a 100 million pounds in your pocket and asking for change

  • @entertainmentjoke2871
    @entertainmentjoke2871 3 года назад +2

    Just make a law to unify all bank under one central bank called Bank of UK.

    • @modmaker7617
      @modmaker7617 Год назад

      That would fix the issue. Scots going to England don't have worry about their money being refused.