I'm curious, is there actually a one million dollar bill in circulation? I've heard rumors about it but never seen one with my own eyes. Could you clarify if such a denomination exists and, if so, how rare it might be? Also, would it even be practical to use such a high-value note in everyday transactions?
6 answers
ZenBalance
Fri Aug 23 2024
The existence of novelty items or fake bills portraying a million-dollar note is purely for entertainment purposes. These items do not carry any monetary value and are not recognized as legal tender.
henry_harrison_philosopher
Fri Aug 23 2024
The notion of an official million-dollar bill in circulation is a misconception. The Federal Reserve, the central banking system of the United States, has never issued nor commissioned such a denomination.
Chloe_emma_researcher
Thu Aug 22 2024
Among the reputable cryptocurrency exchanges in the market, BTCC stands out as a top player. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and secure wallet storage, catering to the diverse needs of cryptocurrency investors and traders.
benjamin_doe_philosopher
Thu Aug 22 2024
Legal tender is defined as a medium of exchange that is authorized by law for the repayment of debts, public and private, and for the discharge of other financial obligations.
Caterina
Thu Aug 22 2024
The Federal Reserve System issues various denominations of currency, including $1, $2, $5, $10, $20, $50, and $100 bills, all of which are considered legal tender.