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I was just in an argument with someone trying to say that $1-5 bills should be replaced with coins, and pennies/nickels be abolished. Their only argument was that Japan does it. I left when I got called an old lady for disagreeing.
Wednesday, 14-Mar-12 03:08:56 UTC from StatusNet Android-
@redenchilada I agree, the lower value of pennies are too inconvenient to enven matter and the production costs are astronomical
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@zennx But trying to implement such a change would cause more problems than it would solve!
Wednesday, 14-Mar-12 03:19:24 UTC from StatusNet Android
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@redenchilada I dunno about the fives, but using $1 coins instead of $1 bills would save quite a lot of money. The coins last a really long time whereas the bills need to replaced every seven years. I can agree with ditching pennies, but we should keep nickels.
Wednesday, 14-Mar-12 03:24:28 UTC from web-
@toksyuryel Maybe the solution is to get rid of physical currency altogether and do everything through credit cards.
Wednesday, 14-Mar-12 03:26:21 UTC from StatusNet Android-
@redenchilada Privacy advocates would never go for it until viable cryptocash exists (perhaps if bitcoins ever become successful).
Wednesday, 14-Mar-12 03:27:55 UTC from web
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