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.
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.