Finally god damn. They’ve needed to do this since I was a kid.
…and now that they’ve finally gotten around to it, it’s past time to phase out nickels and dimes.
I heard they’re also doing nickels
i’m gonna hoard ten rolls of 2026 pennies and wait until they’re worth a billion dollars
come on error coin!
sets every price for every item in every store to end in .99
gets rid of the 1¢ coin
Doesn’t matter, all the 6-11% sales taxes would screw it all up anyway.
The way they do it in canada is you just round the total to the nearest nickel
Gasoline is already sold to the thousandth place (e.g. $4.959/gal). It’s already a solved issue even in the US
This is just another pump and dump scheme for all his coin collector friends
Pennies 1982
and older are made of actual Copper and are worth about twice their value in melt copper. There are still plenty in circulation.
excuse me sir, melting pennies is a felony punishable by up to 5 years in prison and a $250,000 fine.They will treat it like “junk silver”. Pre-1964 10/25/50c coins contain a known weight of silver so they trade by rolls and bags as a commodity without being melted.
CGP Grey suggests we should get rid of all coins but the quarter, and points out that when the penny was first minted, it had more buying power than a quarter does today, at a time when all transactions were done in cash. It has a certain appealing simplicity, 4 big coins = one dollar. decimal values would still be possible by debit, so it would avoid the nonsense of the British pence and shilling non decimal shit.
Americans will never use dollar coins. I thought 1 and 2 euro coins were convenient, you could try introducing them for the 12th time once you get rid of the other coins, but then again, China and supposedly Russia and India too, everyone is mostly fine using a QR code.
I don’t get the point of dollar coins. If ApplePay and GarminPay exist, why would I ever want to carry around physical coins? They’re heavy and awkward and just generally worse than NFC payments. The US has dollar coins but their use is solely in being desk jewelry, not transactions.
So is everything gonna be rounded up/down to the nearest nickel? Or are they just assuming everyone has card nowadays
That’s what other countries do for cash transactions. For cards, it’s still exact.
That’s how Canada did it. If you selectively choose when to pay cash and when to pay card you can save like basically nothing lmao
Does Canada have cash discounts like the US?
Not most places, no. Some local businesses might. I think it’s against credit card companies’ rules, though.
australia as well, according to the guy who couldn’t make a magic square of squares
no more half measures walter
Good start
Shit, what happens to the value of the mattresses I have stuffed with pennies?
Is there a deadline for washing these?
Throw it off the empire state building onto a billionaire (it will be a funny prank)
Yet, it costs around 13¢ to make a nickel. Does anyone know how much a dime costs?
AP says it’s 14 cents to make a nickel now
Funny enough, it costs only 5.8 cents to make a dime, and almost 15 cents for a quarter.
JAAAAAAAAAAAAA
critical support
Fucking finally
Guess I gotta switch to Nickles.
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
