Disrespect to the Philippine Peso?
By orlydlsantos
@orlydlsantos (45)
Philippines
December 4, 2007 6:29am CST
Have you ever been to a country where they mutilated, defaced,folded into tiny pieces their currency notes?Personally I've only seen this done in the Philippines.I get irritated to be given change where there are phone numbers or graffiti on the peso bills or sometimes old and crumbling notes that have seen better times.Our peso deserves more respect than this, don't you agree?
1 person likes this
6 responses
@migenKC (792)
• Philippines
10 Dec 07
hehe... you say that because at australia bills are totally clean and always new right??..
im at australia (sydney) to study and i really notice the same thing with what you have noticed. well... that is maybe because at the Philippines is somehow has different culture (not on being disrespectful) but being resourceful. haha... they make bills like papers if they have to take notes. OR maybe because australian government is rich enough to keep on buying such materials to renew bills. ahihi...
hope to be your friend. :) ingat
@migenKC (792)
• Philippines
11 Dec 07
dam* is that true? if ill cut 20 into half i can get 10 each? woohh....
you have just given me super useful info. thanks...
im living at ashfield and doing my course at Kent Institute of Business and Technology (thats on the city). hehe.. :) what do you do at sydney?
@orlydlsantos (45)
• Philippines
10 Dec 07
You are right.Australia is rich enough to replace their currency notes from paper to polymer (plastic) which is more durable and harder to forge.It is made of non-fibrous,non-porous material that makes it waterproof, crease proof,washing machine proof,and harder to tear.They are the first country in the world to do so since 1988.By the way,did you know that if you were to cut the banknote,say A$20 in half, you can use it as $10 each half?Where in Sydney are you staying?
@aseretdd (13730)
• Philippines
5 Dec 07
This is not just happening in the Philippines, i have been to other countries and they too fold and crumple their bills... not all people of a particular country have this desire to treat their money with respect... they see it as an item just to be used for purchasing goods and services... so it is the same in almost all countries in the world...
@rsa101 (38166)
• Philippines
5 Dec 07
You have some point in there. I hate them seeing vandalized and then still being used by the vandalizer as money. It somehow makes our money disrespected by its value. Crumpled bills for me is rather more acceptable as the for as long as the bill is not vandalized.
@witchysoul (186)
• United States
7 Dec 07
I know, right? I share your sentiments. But I guess that's how Filipinos are.
@eden_shii (506)
• Australia
6 Dec 07
yes, i do agree...the problem is most people in our country just don't give importance to it...actually, as far as i can remember, in my finance subject and in my law subject, this act is prohibited by law...i can even recall that if there is someone that dares to tip the bangko sentral ng pilipinas that a certain person defaced the money, that informer will be rewarded...but it seems, this law is ignored by everyone...because who would ever think that defacing those money are prohibited act?...no one would, right..because they think that since almost everybody is doing it, they think it is not wrong...and maybe the reward isn't that much (if there really is!) because our country doesn't have much budget...
@mensab (4200)
• Philippines
4 Dec 07
i see our jeepney and tricycle drivers fold our bills many times to keep them in certain way. i think it shows our ignorance of the value of actual money and its production. it costs us more if we daface or fold many times our bills because the government through the central bank will have to replace those defaced bills with new ones. and this replacement costs some money.
as for respect, i don't want to attach respect to money because i think people deserve more respect. as long as i see people not respecting other people, i will not use respect to apply it to money.
@orlydlsantos (45)
• Philippines
5 Dec 07
Yes, I believe people should respect people.But I also believe that our countrymen should be more respectful of our currency as it represents our country.And it embodies our national identity more like our national flag but on a lesser scale .Don't get me wrong, I am not a lover of money per se, (I was a member of the Numismatic and Philatelic Club in my Grade School days) but more interested in the research, interpretation and preservation of history and culture that a country's money represents.