Every Person on American Currency - YouTube

Channel: Mr. Beat

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Andrew Jackson, Harriet Tubman is coming for you.
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That’s right, it’s looking like she will be replacing him on the American twenty-dollar
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bill y’all.
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Ok, it probably won’t happen until at least 2030, but it’s happening dad gomit.
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I’m Mr. Beat And yes in this video we’re going to look
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at money.
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This is fake money, of course.
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I couldn’t afford to show you the real Federal Reserve Notes.
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Yep, I photocopied these at school.
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I’ve never actually tried to spend it.
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(scoffs)
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But yeah, we’re looking at American currency.
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Real American currency, well real American currency isn’t even on paper.
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It’s made out of fabric composed of 75% cotton and 25% linen.
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It’s also really hard to counterfeit.
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Almost every single part of American currency is there to make it difficult to copy.
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The United States Department of Treasury spends billions each year producing it, and it is
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quite an elaborate process.
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Oh don’t get me wrong, many still try to counterfeit American currency, and in fact
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many are still successful.
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The Department of Treasury estimates that possibly $200 million in counterfeit bills
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are currently in circulation.
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That would mean that about 1 Federal Reserve Note out of every 4,000 out there right now
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is counterfeit.
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Mmmhmmm, that dollar in your pocket right now might be a counterfeit, George.
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You might want to check that out.
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Meh, almost every store would probably still accept it, anyway.
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After all, it got there in the first place.
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But hold up.
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What about the people on this currency?
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Who ARE these people?
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Do they think they’re a big deal?
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Why yes, they ARE a big deal.
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Most of them were American Presidents.
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However, others are just important people in American history, and some of them featured
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on different currencies over the years may surprise you.
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The Secretary of the Treasury is in charge of selecting people, and there’s no law
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saying that the people on the currency have to always be the same.
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In this video, I’m looking at every person on American currency, and I’ll give some
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basic information about them, although I’m sure you’re already familiar with most of
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them.
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First though, I’ve got another great sponsor for this video.
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They sponsored me before actually.
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It’s Bright Cellars!
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Bright Cellars is a monthly wine club that ships wine directly to your house.
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Their passion is educating people on wine and introducing folks to wines they’ve never
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heard of or maybe wouldn’t have tried otherwise.
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The best part about it, is that they have you take this short quiz and analyze your
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results using an algorithm to recommend wine you’re going to like.
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The questions are totally non wine snobbish- they are just general taste questions.
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As you can see, these wines are from all around the world, and they are from wineries I had
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not heard of before I got them.
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Get 60% off your first 4-bottle box by following the link in the description of this video.Thanks
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to Bright Cellars for sponsoring this video.
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Now, I don’t mean to brag, but let’s start with a currency that I actually have a lot
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of- the penny.
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The penny, worth one cent, features the 16th President, Abraham Lincoln.
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Most historians today say that Lincoln is the greatest President in American history.
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He’s been on the penny since 1909 to honor his 100th birthday.
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Lincoln was the first president featured on an American coin.
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The nickel, worth five cents, features the Declaration of Independence writer, Founding
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Father dude, and 3rd President Thomas Jefferson.
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He’s been on the nickel since 1938.
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The dime, worth ten cents, features the 32nd President, Franklin Delano Roosevelt.
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He’s been on the dime since 1946, the year after he died.
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And the dime is sooo appropriate for FDR, since he founded the March of Dimes, a nonprofit
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organization with the goal of improving the health of mothers and babies.
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The quarter, worth 25 cents, features an obscure Founding Father by the name of George Washington.
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Ok, I joke, of course.
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Washington is kind of a big deal, being the much beloved 1st President and also hero of
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the American Revolution.
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He’s been on the quarter since his 200th birthday in 1932.
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The half dollar, worth, uh...half a dollar, features the 35th President, John F. Kennedy.
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He’s been on it since 1964, the year after he died.
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The half dollar is the largest coin currently produced, but there aren’t many in circulation
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since most Americans don’t use them much.
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And now it’s time for the bills.
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Here’s a real one actually.
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The dollar, worth one dollar.
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Ok, I’m gonna go ahead and stop saying how much they're worth now.
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Anyway, the dollar also features the much beloved 1st President George Washington.
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He’s been on it since 1869.
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The $1 bill is the second most common Federal Reserve note in circulation.
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You probably have one somewhere I bet.
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I hope so.
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Now, the two-dollar bill is much less used.
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It also features the 3rd President, Thomas Jefferson, and he’s been on it since 1869
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as well.
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Because Americans think they’re rare, they often collect two-dollar bills, but they’re
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surprisingly not as rare as you would think.
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The five-dollar bill also features 16th President Abraham Lincoln, and he’s been on it since
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1914.
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So far it’s been all Presidents on currency, but this next fella was never President.
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Alexander Hamilton is on the ten-dollar bill.
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Many of the young folks know all about him through the Hamilton musical, which is kind
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of weird, but yeah he was a Founding Father and the 1st Treasury Secretary so I guess
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that’s quite appropriate that he’s on currency.
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He’s been on it since 1929.
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Andrew Jackson used to be on the ten-dollar bill, but as I mentioned earlier now he’s
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on the twenty-dollar bill.
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Jackson was the 7th President and is arguably the most controversial one on currency that’s
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currently in circulation.
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There’s no denying his huge impact on American history, though.
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He’s been on the twenty also since 1929.
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The fifty-dollar bill features the 18th President, Ulysses Grant, and he’s been on it as long
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as Lincoln’s been on the five-dollar bill, since 1914.
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And now, it’s all about the Benjamins.
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Yeah I have no Benjamins.
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Benjamin Franklin has also been on the 100-dollar bill since 1914.
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Franklin was also never a President but still a big freaking deal in American history, being
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a Founding Father, but additionally just a major American Enlightenment figure who accomplished
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and influenced so much in colonial America.
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Oh, and the $100 bill surprisingly is the most common Federal Reserve note in circulation
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currently.
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Now, the United States no longer issues bills in larger denominations than $100.
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It just doesn’t make sense given...ya know...technology but also inflation.
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But, they are still legal tender and can still be in circulation.
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The Treasury Department officially discontinued the $500 bill in 1969.
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If you happened to actually have a $500 bill and wanted to, I don’t know, pay with groceries
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with it, you indeed could, although that’d be silly since it’d actually be worth AT
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LEAST hundreds of dollars more since they are so rare.
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The latest version of the $500 bill features the 25th President William McKinley, but he
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was only printed on it for a few years.
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The Treasury Department also officially discontinued the $1,000 bill in 1969.
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The latest version of it features the 22nd and 24th President, Grover Cleveland.
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A grocery store could also accept it but please don’t spend it if you have it.
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Sell it, man.
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Only 165,372 of these bills with Cleveland on it are still in existence.
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If they are in decent shape, they are not worth a thousand, they are worth THOUSANDS.
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And yes, there are actually $5,000 bills, $10,000 bills and $100,000 bills out there.
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The Treasury Department also officially discontinued the $5,000 bill in 1969.
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It features the 4th President and Father of the Constitution James Madison.
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Fewer than 400 of these notes are believed to still be out there.
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Today, one would easily sell for $30,000.
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Uh, yeah, if you have one please don’t spend it on groceries.
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The Treasury Department also officially discontinued the $10,000 bill in 1969.
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It features the U.S. Senator, 25th Secretary Treasury and Chief Justice of the Supreme
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Court Salmon P. Chase.
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No one knows exactly how many $10,000 bills are out there, but at least one site estimates
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you could probably get $140,000 for one in decent condition.
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The $100,000 bill was actually just a gold certificate that never was issued for regular,
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public use.
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The Treasury Department just created them for official transactions between Federal
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Reserve Banks.
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Only 42,000 bills ever were printed, and even today collectors can’t legally own one but
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if they did they’d instantly be a millionaire.
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Oh, and it features WILSOOOOOON!
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Yeah, the 28th President, Woodrow Wilson.
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Well hold up, what about people who used to be on American currency no longer around?
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Well, I’m not going to go through them all because that would take too long, but here
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are a few highlights.
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Let’s start with Presidents.
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All of the dead Presidents are on $1 coins.
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Also, John Quincy Adams used to be on the $500 bill.
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James Garfield was on the $5 bill and $20 gold certificate.
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Benjamin Harrison was on the $5 bill for a bit.
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William McKinley was also on the $10 bill.
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George Washington was on a bunch of different currencies.
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So was Thomas Jefferson, James Madison, James Monroe, Andrew Jackson, Abraham Lincoln, Ulysses
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Grant, and Grover Cleveland.
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Henry Clay may never have been President, but he was on the $50 bill at one point.
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Other Senators once on currency include Daniel Webster on the $10, Edward Everett on the
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$50 bill, John Sherman also on the $50, Thomas Hart Benton on the $100, and Charles Sumner
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on the $500.
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Lots of war heroes have been featured on currency, like Winfield Scott Hancock on the $2 bill,
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Stephen Decatur on the $20, Winfield Scott on the $100, and William Tecumseh Sherman
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on the $500.
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Legendary Supreme Court Justice John Marshall, aka Lil’ John, was on the $20 and $500 bills.
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Native Americans have made appearances on currency.
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Probably the most well known is the Buffalo Nickel, which features a portrait of a man
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named Iron Tail, a member of the Oglala Lakota Sioux tribe.
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There was also the Sioux Chief Running Antelope, featured on the $5 bill.
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Sacagawea, who aided the explorers Lewis and Clark when they traveled the continent, was
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on the $1 coin for a few years.
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Heck, Lewis and Clark were also both on currency at one point.
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Other women on currency include Martha Washington on the $1 bill, Susan B. Anthony on the $1
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coin, and that’s basically it unfortunately, unless you count Helen Keller on the back
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of the Alabama quarter or Pocahontas on the back of the $20 bill with a bunch of other
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people.
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Now, well this is all fun and stuff, today, the vast majority of Americans don’t even
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use cash to make purchases in any given week.
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Especially younger folks.
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I don’t even carry cash around with me anymore...unless it’s photocopied.
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That might come in handy.
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And with apps like Venmo and the Cash app and with cryptocurrencies like Bitcoin, Dogecoin
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and dozens of others, it does seem physical currencies in general are increasingly becoming
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obsolete.
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But dangit, they sure are cool.
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In other words, I just made this video to prove to you how cool I am for having an extremely
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modest coin collection.
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Seriously, check it out.
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Come back, wait!
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Still though, putting dead people on currency has been a terrific way to honor Americans
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who have had such a big impact on the country.
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I hope it’s a tradition that doesn’t stop.
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And boy am I freaking excited for Harriet Tubman to be on the twenty dollar bill, even
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if that means by the time she is on it, no one will actually be using twenty dollar bills
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anymore to buy stuff.
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So what do YOU think?
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Huh?
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Let me know down below.
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Also, a special shout out to a very generous donor named Dante Verona.
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Dante did not want me to give them recognition, but like I said...it was a VERY generous donation
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on Paypal so thank you so much Dante.
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I know I got a great sponsor for this video, but I’d rather not have to deal with sponsors,
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and direct donations are literal game changers in my life.
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Now, if you can’t afford to donate, please do not worry, it’s ok!
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I just appreciate you watching my stuff.
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Until next time!