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No. What the U.S. needs is NO coins. (Seriously, does ANYONE use coins anymore? It's either bills or a credit card for me.)

by mcmire 14y ago

duncanbojangles 14y ago
Yes, I still use coins. They're very handy for vending machines, parking meters, highway tolls, stupid magic tricks, decision making, purchasing one taco at taco bell, carnival food, making wishes, receiving change, and so on. I don't think coins will go away as long as paper currency remains, unless we start printing bills worth less than a whole dollar, or we become so rich that we don't concern ourselves with values less than one dollar.
- naudo 14y ago
  exactly. I've been in singapore the past couple of weeks and they have a S$ 1 coin and it's been awesome. They also have http://en.wikipedia.org/wiki/Polymer_banknote http://en.wikipedia.org/wiki/Polymer_banknote which is great in terms of durability.
inDesperateZone 14y ago
As a non-American I'm always surprised that people want them to go away. I can't imagine buying anything without using coins. Is every price rounded up instead of the deceiving 99 Cents? Do you buy two items for 50 Cent each instead of one so you can pay with a bill?
lmm 14y ago
I'd say it's banknotes that I don't use any more (here in the UK, which has the advantage of coins that go up to GBP2). For small amounts (vending machine, street food) it's coins; for anything larger it's credit card.
michaelcampbell 14y ago
I don't use coins not because I use bills instead; I don't use coins because I don't use much cash. I just came from a 3 week business trip in Europe, and at least the people I was around use the €1 and €2 coins all the time. I wish we'd get rid of our $1 bills and go to a $1 and $2 coin as well; very convenient. From what I understand, it's cheaper for the gov't in the long run too.
- icebraining 14y ago
  There's already $1 Billion in minted $1 coins already, but nobody wants them: https://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants https://www.npr.org/2011/06/28/137394348/-1-billion-that-nob...
  - michaelcampbell 14y ago
    If we got rid of $1 bills, I suspect the demand would go up some ;-)

No. What the U.S. needs is NO coins. (Seriously, does ANYONE use coins anymore? It's either bills or a credit card for me.)

by mcmire 14y ago

No. What the U.S. needs is NO coins. (Seriously, does ANYONE use coins anymore? It's either bills or a credit card for me.)

duncanbojangles 14y ago

Yes, I still use coins. They're very handy for vending machines, parking meters, highway tolls, stupid magic tricks, decision making, purchasing one taco at taco bell, carnival food, making wishes, receiving change, and so on. I don't think coins will go away as long as paper currency remains, unless we start printing bills worth less than a whole dollar, or we become so rich that we don't concern ourselves with values less than one dollar.

naudo 14y ago
exactly. I've been in singapore the past couple of weeks and they have a S$ 1 coin and it's been awesome. They also have http://en.wikipedia.org/wiki/Polymer_banknote http://en.wikipedia.org/wiki/Polymer_banknote which is great in terms of durability.

inDesperateZone 14y ago

As a non-American I'm always surprised that people want them to go away. I can't imagine buying anything without using coins. Is every price rounded up instead of the deceiving 99 Cents? Do you buy two items for 50 Cent each instead of one so you can pay with a bill?

lmm 14y ago

I'd say it's banknotes that I don't use any more (here in the UK, which has the advantage of coins that go up to GBP2). For small amounts (vending machine, street food) it's coins; for anything larger it's credit card.

michaelcampbell 14y ago

I don't use coins not because I use bills instead; I don't use coins because I don't use much cash. I just came from a 3 week business trip in Europe, and at least the people I was around use the €1 and €2 coins all the time. I wish we'd get rid of our $1 bills and go to a $1 and $2 coin as well; very convenient. From what I understand, it's cheaper for the gov't in the long run too.

icebraining 14y ago
There's already $1 Billion in minted $1 coins already, but nobody wants them: https://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants https://www.npr.org/2011/06/28/137394348/-1-billion-that-nob...
- michaelcampbell 14y ago
  If we got rid of $1 bills, I suspect the demand would go up some ;-)