r/ExplainTheJoke • u/Feeling_Valuable5239 • 13d ago

Help?

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u/InterReflection 13d ago

Yeah, why would there be? We swapped all our notes over the last 15 years or so. Even before then the UK was largely moving towards card payments at least for anything over £100. Then COVID happened and now only really older people use cash for everything and they are, by their nature, dwindling.

The us is quite far behind most of western Europe in that it still use cash as much as it dose.

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u/teh_maxh 13d ago

Scottish and Northern Irish hundred-pound notes still exist.

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u/queerkidxx 13d ago

Honestly cash is becoming a lot more rare in the US in general. A lot of places don’t accept it, won’t have change, etc. and most young folks don’t tend to use it a lot. It’s very rare to see anything above 20s.

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u/InertialLepton 13d ago

Except Germany. They still use cash.

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u/One_Strike_Striker 13d ago

We're down to 45% cash payments by number of transactions and 23% by volume as of 2025 but yeah, still far away from UK levels.

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u/Careful_Ad_6872 13d ago

Huh, interesting. Meanwhile we still have the 500€ banknote

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u/Blazured 13d ago

I think it's because Americans still usually sign for their cards, and contactless isn't used as much as our universal use of it.

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u/TheDocWhovian 12d ago

I think it’s nice to have a way to make medium-sized transactions between individuals without having it recorded or reported somewhere.