Those adapters are designed for older receptacles without a ground terminal. Notice the brass eye at the bottom, that is designed to ground the device being plugged into it through the screw on the outlet cover. The ground prong should never be disabled on anything equipped with one. 120 volts can kill you.
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It's not the voltage that would kill you, its the amps. You can survive a jolt of 500 (or more) volts but half an amp across your heart will kill you.
So, why all the High Voltage signs then? Easy. 120 (or more) volts is more likely to make you think. A sign stating "Danger 20 Amps", likely wouldn't impress anyone who doesn't know that Amps are what kills, not volts.
Amps are the driving force in electricity, the current. I studied three years in a vocational high school in Electrical. Electrical safety was drilled into us.
