this post was submitted on 27 Jul 2025
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[–] spankmonkey@lemmy.world 2 points 6 days ago* (last edited 6 days ago) (1 children)

They’re literally promissory notes in lieu of cash.

Do you call your bank notes checks? I was explicitly disputing checks.

We have paper money that is cash. Sounds like you don't have that, but that doesn't mean checks are cash.

[–] then_three_more@lemmy.world 1 points 6 days ago (1 children)

No, they're notes. What I'm saying is your logic applies equally to bank notes as it does to cheques.

[–] spankmonkey@lemmy.world 2 points 6 days ago* (last edited 6 days ago)

They’re literally promissory notes in lieu of cash.

What you said literally means "instead of cash".

They’re literally promissory notes in lieu of cash.

They are NOT cash if they are something to exchange instead of cash. More likely you bank notes are considered cash, but your bank notes are also not checks. Because checks are not cash.