system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: If I am in possession of a $1 Bill, do I own it or am I just renting it?
gpt
Having control of a bill means you have the ability to use it's face value to settle all debts both public and private.          
         
The Federal Government actually owns the bill. Which is why it's illegal to deface or destroy any currency.