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This analysis assumes a uniform distribution of the amounts paid. With stores tending to charge $?.99 for their products and many people buying only a handful o
by jeroenhd 3y ago
This analysis assumes a uniform distribution of the amounts paid. With stores tending to charge $?.99 for their products and many people buying only a handful of products in small transactions, I suspect the distribution isn't all that balanced.
With the power of the modern internet, we could pool together receipts all across the world and design a change system fit for real world usage.
- rafram 3y agoYou’re forgetting grocery stores, which tend to price merchandise according to bulk prices, which aren’t often pretty, plus a store markup. Items priced by weight are even less likely to come out to a $*.99-style price.
- jeroenhd 3y agoMaybe. I have years of payment history with several grocery stores stored in my bank's transaction history, could be a fun little project to figure out what my optimal coin system would look like!