After a plane crash scattered $62 million in Bolivian banknotes later voided by the central bank, confusion spread as merchants rejected cash, accelerating a sudden shift toward QR code and digital payments.
“Just today, everyone refused to take my money five times,” said Yoselin Diaz, 27, who was lining up at the central bank’s main offices in La Paz. “I tried on the minibus and nothing, then I tried to buy some things and nothing, later I went to buy a photo for my father’s grave and even the funeral homes wouldn’t accept it.” ‘Social Unrest’ Overall, the incident scattered 17 million banknotes of which authorities estimate 30% were stolen. An incident of that magnitude hasn’t likely happened since the era when massive ships hauling gold fortunes occasionally sank in the world’s oceans. In May, a tractor-trailer rolled over on a Texas highway spilling newly minted dimes worth a collective $800,000. A month earlier, an armored car dropped bags of cash worth $300,000 near Chicago.
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