I think we should replace change with miniature bills

[ZeroAX]

I don't know about getting rid of change altogether, as prices would probably be higher on a lot of things that were previously not exactly a full dollar amount. But I do want to get rid of pennies. I hate pennies; they have no use outside of giving exact change. They're otherwise just taking up space.

I believe they exist to combat inflation. You think the penny is worthless? we have both 1 and 2 cent coins. FFS what for? Ain't one worthless coin enough?

Also I remember reading somewhere that either the 2 or the 5 cent euro coin costs, more in metal to make, than it's worth. So go to a bank buy 10. billion of those coins, smelt them and instant profit

[GSZX1337]

Also I remember reading somewhere that either the 2 or the 5 cent euro coin costs, more in metal to make, than it's worth.

Same for the penny.

[nikon_62]

Take this with a grain of salt and the shaker it comes in because I'm a coin collector and a privacy nut but coins and paper money are a good thing.

Coins and paper money show a history of a nation when they get old which is really cool. I hope that doesn't go away.

Secondly coins and paper money are anonymous. You will never worry about cash being traced by a bank government or spouse when you spend it.

Lastly coins should still be on the gold standard.

nutjob out

[GSZX1337]

Coins are awesome!
nutjob out

I like the idea of coins, its paper money that I think is bullshit. Weight really isn't a problem since you're more likely to use plastic or PayPal.

[Jrecee]

I think we should replace pennies with laserdiscs.

[GSZX1337]

I think we should replace pennies with laserdiscs.

Hmm, if you don't spend your money, you can watch Star Wars and Indiana Jones on it.

[molotovwars]

I'd also like to abolish the penny. Start by changing the pricing structure. In Korea (where I am currently living) and in many other places, the taxes are built into the prices that you see. If something costs 4,000 won ($3.50) then you just pay the marked price and almost everything is dealt in even numbers. Almost all of the pricing is done to the nearest hundred (with 100 won = 10 cents). The only places where the 10 won coin is used (10 won = 1 cent) is in department stores and some supermarkets. Outside of that the shop owners don't want to deal with the equivalent penny coin just as much as the customers don't.

I'd be down for phasing out the penny. I'm okay with other coins though I rarely carry them around. I just keep them in my car to pay for parking (when I was back in the states) or now I keep them in the backpack that I always have with me.

[GSZX1337]

In Korea (where I am currently living) and in many other places, the taxes are built into the prices that you see.

That's one thing I miss about being in Korea, no need to worry about sales taxes. If something's 4,000 won, it's 4,000 won.

[jfrost]

I loved getting my exact change when I was in the US. In a couple of months I had several dollars with the small change I had neglected before. In Brazil 1 cent coins were phased out and I'm always annoyed that I end up paying more at the grocery store for small transactions. For example, if something is, say, R$1.72, most likely they'll give me 25 cents back when I pay with a R$2 bill. Not big of a deal to make them go back and give me 30 cents instead, but it quickly adds up.

[jfrost]

In Korea (where I am currently living) and in many other places, the taxes are built into the prices that you see.

That's one thing I miss about being in Korea, no need to worry about sales taxes. If something's 4,000 won, it's 4,000 won.

It's like this in Brazil. I don't like it; taxes are hidden. The government gets away with raising taxes because no one has any idea what they're paying for.