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Dollar Bill to Dollar Coin
14330 cr points
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32 / M / MN
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Posted 12/6/12
It makes sense to go to a dollar coin. Although since most of my transactions are digital it really won't affect me much.


k_feen wrote:

Right now our government (Canada) intends to eliminate the penny for very similar reasons, and just recently we switched our bills to some sort of polymer. Some people cry about it and cite minor complications with vending machines as if it's a sign of the end times, but in six months half of us will probably have forgotten anything had changed at all. Sure there are some businesses which will be disproportionately affected, but being in business requires the ability to adapt.


I'm Jealous. Maybe one day we can also ditch the penny. Now people are attached to it for some odd reason, or maybe it was the mining industry lobby that shut down the short lived desire to ditch the US penny.

19765 cr points
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37 / M / NY
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Posted 12/6/12
The penny is just a waste now. In 2005 it cost .97 cents to make a penny, which is practically a wash. In 2012 it costs 2.4 cents to make a 1 cent penny. And considering that the US minted nearly 5 billion new pennies in 2011, I think thats money better spent elsewhere.
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M / USA - East Coast
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Posted 12/6/12
they should bring those giant 50 cent coins back here.
lol
Posted 12/6/12 , edited 12/6/12
Uk has £5 coine wich is size of a tennis ball buts really used becuse size xd.
Close to about a $9 coine xd
18867 cr points
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41 / M / Texas
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Posted 12/6/12
dollar coins are prefect Projectiles for hitting people so i say make more of then
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54 / M / Hawaii
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Posted 12/6/12
I think the government should try something different like combining the one and two dollar bills. Make the two dollar bill able to separate in half to form two one dollar bills. Sort of like a modern fractional currency.
26507 cr points
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Posted 12/6/12 , edited 12/6/12
I am a fan of bills. I suppose if it's just the one dollar bill being converted that's OK. But we already have a couple varieties of dollar coins already.

My main concern is that I'll start losing dollars like I lose quarters. And that would get very expensive very fast.

On the plus side this may be the perfect opportunity for the coin purse to make a comeback. And that would be the shit.

Just had a thought. If we do away with dollar bills entirely, what will that do to strippers? These girls could end up getting off work with a literal ass-load of loose change. Gotta think about these things, government.
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43 / M / Reno, NV, USA
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Posted 12/6/12
I personally wouldn't mind dollar coins, and eliminating pennies. When travelling, it seems almost everywhere else I've been besides the U.S. uses coinage for monetary units worth around or even more than US$1 (Y500 coins in Japan, 2-Euro coins in the EU, 10 Shekel coins in Israel, and 1 Dinar coins in Jordan), and toting around coins was never a real problem for me. Actually, I recall finding the larger coins somewhat more convenient, and kind of cool to look at. One exception in my travels is Korea, which I think only has coins up to W500.
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47 / F / Center of the Uni...
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Posted 12/7/12

kinga750 wrote:

I am a fan of bills. I suppose if it's just the one dollar bill being converted that's OK. But we already have a couple varieties of dollar coins already.

My main concern is that I'll start losing dollars like I lose quarters. And that would get very expensive very fast.

On the plus side this may be the perfect opportunity for the coin purse to make a comeback. And that would be the shit.

Just had a thought. If we do away with dollar bills entirely, what will that do to strippers? These girls could end up getting off work with a literal ass-load of loose change. Gotta think about these things, government.


You'd be amazed at the things a stripper can do with a loonie or twoonie if strippers are your thing you might want to reconsider being a fan of bills. Besides inflation and all: a five spot is more fair if you're going to make her work for it.

er... not that I'd know personally.
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27 / M / Gotham City
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Posted 12/7/12
I guess instead of making it rain bills at the strip club, I'll be making it hail coins.
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23 / F / Sexual Chocolate
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Posted 12/7/12

Winterfells wrote:

I guess instead of making it rain bills at the strip club, I'll be making it hail coins.


I'm ashamed to say that this was my first thought. That's going to be really painful for some poor, unfortunate women.

I dislike coins, they rattle around and I can't put 30 of them in my wallet without it feeling awkward.
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27 / M / Gotham City
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Posted 12/7/12

Pomff wrote:

I'm ashamed to say that this was my first thought. That's going to be really painful for some poor, unfortunate women.

I dislike coins, they rattle around and I can't put 30 of them in my wallet without it feeling awkward.


I like the feel and weight of coins. Sometimes I think it's cool in those old Western movies where you could just flick a coin at the bartender and ask for a shot of whiskey.

With that said, it's even more inconvenient for men than women because we don't have the luxury of a purse. Even a woman's wallet tend to be larger. So either we stuff the coins in our wallets and sit on metal alloy edges, or like me I just put them in my pockets and after a while it's like I'm getting pantsed by the lead weighing down my jeans.

On another note: Look at me now, I'm makin' paper.

5252 cr points
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20 / F / australlia
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Posted 12/7/12
In australia we've got 10c, 20c, 50c, $1, $2 coins and plastic 5$ 10$ 20$ 50$ and 100$ bills

and i think its more efficient to have coins, because...coins dont get ruined in the washing machine (in america i beleive the bills are made of paper?) , you cant mistake them for another amount of money.

then theres people complaining about having 20 $1 coins is heavy. dude. if you want 20$ in coins might as well just bring a 20 dollar note with you.

i think many countries like america and china should adopt the idea of printing notes in plastic as well, its much more reusable, doesnt get ruined in the washing machine (we all like to keep some money in our pockets and sometimes forget about them) and they're easily differenciable if they are printed in different colours to identify what amount they are.
kennk5 
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63 / M / Milwaukee, Wiscon...
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Posted 12/7/12
iF YOU WANT TO USE THE $ COIN JUST GO TO THE BANK. THEY HAVE TONS SITTING THERE.

On a side note I got slapped by a stripper after I dropped a $ coin down. Something about it being cold.
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27 / M / SW Virginia
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Posted 12/7/12
It's not a terribly popular idea, people are set in their ways, but for the U.S. it is a fantastic idea.

Paper dollars have a short shelf life, they typically last around 5 years but it's often shorter, and they are easily counterfeited. The argument that men don't want to carry around a pocket full of change is often also brought up by opponents of the change.

But, look at it like this. Coins simply last longer. For example, we still have coins from ancient Rome that are in good condition. Coins, while they can still be counterfeited, are much harder to reproduce in a large scale because the metal they would need to make the fake is much harder than simply acquiring paper that is similar to currency paper. Lastly, in this day and age you simply don't have to carry around hard cash like you used to. Credit and Debit cards have all but made that case null and void and we are slowly getting to the point where 'cash' isn't needed. Granted, we will always have to have it because we need a standard for 'this is worth this' and so on.

But, those are my thoughts on the matter.
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