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Replace paper money?

124

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  • QuidQuid Definitely not a banana Registered User regular
    edited April 2009
    Pi-r8 wrote: »
    Quid wrote: »
    I take out forty dollars every week. One twenty gets turned into quarters for laundry, the other is used for miscellaneous spending, and even the only to make sure I don't spend more than $20 a week on food and snacks rather than making my own.

    Really? You spend $20 a week on laundry? How does that work?
    It's two people's laundry and we use coin operated machines.

    Edit: I's generally about $14 dollars really but I still take out 20 a week and occasionally don't need that much.

    Quid on
  • SageinaRageSageinaRage Registered User regular
    edited April 2009
    We should move to a no-cash society as soon as there is no more identity theft.

    SageinaRage on
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  • HonkHonk Honk is this poster. Registered User, __BANNED USERS regular
    edited April 2009
    never die wrote: »
    Teslan26 wrote: »
    I like privacy because I dislike people. Most people are not my pals. People who aren't my pals shouldn't have any hold over me but what I expressly release to them.

    What 'hold over you' does knowing what detergent you buy give me?

    Considering "morals" and stuff that people are held to at times, things you buy other than detergent could end up badly for you, especially if you are a public figure.

    About the money aspect, I like some aspect of hard money. I would love to use coins over paper if I had the option. Most people I know are much better about balancing money if they can see it and hold it, they do much worse when dealing with credit. I like the mixed version we have now.

    I like bills but I despise coins wholeheartedly! They fat up your wallet until it gets too big to have in your pocket, then you take some coins out and they just sit in a stack at home until you die because they're useless for anything other than getting a soda from a dispenser. Seriously, who wants to carry around one kilogram of metal to be able to buy anything in the price range above a can of soda?

    They are also more icky than an unwashed anus. The gross number of bacteria on any given coin is of human world population proportions. Once in biology class we put a coin in one of those petri dishes with nutrients and a few days later it was no longer a coin - it was an entity.

    Euro is the ultimate measure of idiocy when it comes to coins. They have one million different coins all worth below one Euro ($1.35) and they all look exactly alike. Fuck coins and especially fuck Euro coins, I probably have hundreds of dollars worth in coins laying around here to never be used. And given time they'll become sentient bacteria lifeforms and walk away on their own.

    Honk on
    PSN: Honkalot
  • never dienever die Registered User regular
    edited April 2009
    Honk wrote: »
    never die wrote: »
    Teslan26 wrote: »
    I like privacy because I dislike people. Most people are not my pals. People who aren't my pals shouldn't have any hold over me but what I expressly release to them.

    What 'hold over you' does knowing what detergent you buy give me?

    Considering "morals" and stuff that people are held to at times, things you buy other than detergent could end up badly for you, especially if you are a public figure.

    About the money aspect, I like some aspect of hard money. I would love to use coins over paper if I had the option. Most people I know are much better about balancing money if they can see it and hold it, they do much worse when dealing with credit. I like the mixed version we have now.

    I like bills but I despise coins wholeheartedly! They fat up your wallet until it gets too big to have in your pocket, then you take some coins out and they just sit in a stack at home until you die because they're useless for anything other than getting a soda from a dispenser. Seriously, who wants to carry around one kilogram of metal to be able to buy anything in the price range above a can of soda?

    They are also more icky than an unwashed anus. The gross number of bacteria on any given coin is of human world population proportions. Once in biology class we put a coin in one of those petri dishes with nutrients and a few days later it was no longer a coin - it was an entity.

    Euro is the ultimate measure of idiocy when it comes to coins. They have one million different coins all worth below one Euro ($1.35) and they all look exactly alike. Fuck coins and especially fuck Euro coins, I probably have hundreds of dollars worth in coins laying around here to never be used. And given time they'll become sentient bacteria lifeforms and walk away on their own.

    You know what else is ickier than an unwashed anus? A human mouth.

    I also meant if we had coins that stood for like $5, $20, etc.

    never die on
  • Salvation122Salvation122 Registered User regular
    edited April 2009
    Honk wrote: »
    The gross number of bacteria on any given coin is of human world population proportions.
    You realize that paper money visits the g-strings (and occasionally mouths, and I guess occasionally other orifices, although I've never seen that) of strippers, right?

    Salvation122 on
  • HonkHonk Honk is this poster. Registered User, __BANNED USERS regular
    edited April 2009
    Honk wrote: »
    The gross number of bacteria on any given coin is of human world population proportions.
    You realize that paper money visits the g-strings (and occasionally mouths, and I guess occasionally other orifices, although I've never seen that) of strippers, right?

    Somehow I irrationally find it less icky when it's not on a metal surface.

    Honk on
    PSN: Honkalot
  • Teslan26Teslan26 Registered User regular
    edited April 2009
    Honk wrote: »
    Honk wrote: »
    The gross number of bacteria on any given coin is of human world population proportions.
    You realize that paper money visits the g-strings (and occasionally mouths, and I guess occasionally other orifices, although I've never seen that) of strippers, right?

    Somehow I irrationally find it less icky when it's not on a metal surface.

    Plus, the management tells me strippers are clean.

    Teslan26 on
  • ilmmadilmmad Registered User regular
    edited April 2009
    My friend carries dollar coins in a sack and spends them. He's a proponent of "making it hail."

    ilmmad on
    Ilmmad.gif
  • QuidQuid Definitely not a banana Registered User regular
    edited April 2009
    I hate those fucking coins.

    Quid on
  • HonkHonk Honk is this poster. Registered User, __BANNED USERS regular
    edited April 2009
    Quid wrote: »
    I hate those fucking coins.

    It's not all bad though to be fair.

    They can be thrown at people for greater inflicted pain than throwing paper money.

    Throwing paper money into wishing wells/ponds would make the water look silly after it dissolves.

    Coins do have the characteristics to be molten down and made into something less useless than coins.

    Without coins, 50 Cent would be less hard than he presently is. Harr harr.

    Honk on
    PSN: Honkalot
  • tbloxhamtbloxham Registered User regular
    edited April 2009
    Theres really no need to actually do anything to make this happen. The government adjusts the money supply to use, and within a decade or so it will be just crazed privacy obsessed loons trying to use all cash for their purchases (oblivious to the fact that cctv and their phones make them trivial to track about, and if someone really cared they could find out what they bought trivially)

    In the UK people use much less cash and security is far more advanced on the cards than in the US. Within a few years here in the US we'll start getting the same chip and pin cards as the UK did when I left, which means no more signing for stuff.

    Its like cheques, in the UK in the entire 26 years I lived there I wrote 2 checks from my account. Both went to my Grandmother. I also only ever recieved a check from her or from other aged relatives who didn't use electronic banking. Use of cheques in the UK is near zero, and almost no store will accept them. THose places that do accept them, have to summon the most aged employee to tell the new person on the till the ancient secrets of cheque accepting. Soon cash will go the same way, albeit slower.

    The US with its crazed privacy concerns will be slower, but even now the cheque is on its way out.

    Heck, soon we won't even have independant currencies which mean anything, just arbitrary value units that everyone buys online for easy international commerce.

    tbloxham on
    "That is cool" - Abraham Lincoln
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  • CervetusCervetus Registered User regular
    edited April 2009
    You know if you put anything in a petri dish with nutrients then you'll get something to grow.

    Even bleach? Well, it does say 99.9%, not 100%, so actually probably.

    Cervetus on
  • edited April 2009
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  • Premier kakosPremier kakos Registered User, ClubPA regular
    edited April 2009
    Electronic money need not sacrifice anonymity. Using clever cryptography, you can create secure digital money which is untraceable.

    Premier kakos on
  • CervetusCervetus Registered User regular
    edited April 2009
    Cervetus wrote: »
    You know if you put anything in a petri dish with nutrients then you'll get something to grow.

    Even bleach? Well, it does say 99.9%, not 100%, so actually probably.
    99.9% gives me nightmares actually. It means that .1% which survive can go on to thrive in an environment completely devoid of competition. It means that the bleach resistant guys become the only guys.

    This is the awkward question I pose to our antifouling surfaces professor every time - isn't a surface which doesn't get fouled by two specific types of bacteria likely to be the promised land for a bunch which normally we don't worry about because of those two?

    But a true promised land is already full of competition, which you then have to murder completely.

    Cervetus on
  • MrMisterMrMister Jesus dying on the cross in pain? Morally better than us. One has to go "all in".Registered User regular
    edited April 2009
    tbloxham wrote: »
    The US with its crazed privacy concerns will be slower, but even now the cheque is on its way out.

    Can't go fast enough for me. I've had checks expire because I hadn't got around to going down and depositing them soon enough. Fuck that noise.

    MrMister on
  • ObsObs __BANNED USERS regular
    edited April 2009
    Electronic money need not sacrifice anonymity. Using clever cryptography, you can create secure digital money which is untraceable.

    The problem is that it also makes it incredibly too easy to launder money, and would never be allowed.

    Obs on
  • edited April 2009
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  • durandal4532durandal4532 Registered User regular
    edited April 2009
    We need, at least, $1 and $2 coins, like Canada. It's soooo nice. So convenient.

    durandal4532 on
    We're all in this together
  • SageinaRageSageinaRage Registered User regular
    edited April 2009
    Yeah, it eliminates the counterfeiting and privacy angle, mostly. However, it also makes the process much more computationally intensive, makes it more complicated for the user (at least from what I understand from skimming the paper), and also REQUIRES bank accounts for anyone to own money. This last part is the important bit here - there is now no more money which is not tied to a bank account. If it can't be verified by a bank, then that money doesn't exist. While it doesn't allow you to tie the money to a specific account, it does tie it to a particular bank at least, but again the main issue is poor people. There are quite a few people right now who do not have bank accounts. What are they going to do?

    SageinaRage on
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  • QuidQuid Definitely not a banana Registered User regular
    edited April 2009
    We need, at least, $1 and $2 coins, like Canada. It's soooo nice. So convenient.
    Bwah? No it isn't. Bills are far more convenient than coins. They're lighter, they fold, and fit with the rest of the bills.

    Fuck coins.

    Quid on
  • Robos A Go GoRobos A Go Go Registered User regular
    edited April 2009
    How are you going to put a coin in a stripper's g-string anyway?

    Robos A Go Go on
  • PeregrineFalconPeregrineFalcon Registered User regular
    edited April 2009
    Quid wrote: »
    We need, at least, $1 and $2 coins, like Canada. It's soooo nice. So convenient.
    Bwah? No it isn't. Bills are far more convenient than coins. They're lighter, they fold, and fit with the rest of the bills.

    Fuck coins.

    This. I hate carrying coins around.

    PeregrineFalcon on
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  • durandal4532durandal4532 Registered User regular
    edited April 2009
    Quid wrote: »
    We need, at least, $1 and $2 coins, like Canada. It's soooo nice. So convenient.
    Bwah? No it isn't. Bills are far more convenient than coins. They're lighter, they fold, and fit with the rest of the bills.

    Fuck coins.

    This. I hate carrying coins around.

    You're crazy. What it does is it makes change easier to make and give, improving service times. It also reduces your quarter-glut, and allows you to get stuff from vending machines/cheap sidewalk crap for a coin or two instead of 30. Also, you don't keep all your loonies and toonies on hand, you just pay for things with 5's, 10's, or 20's, then take the coins and put them at home and maybe keep a pocketful of coins, $10 or so, for buying cheap stuff quickly.

    I like it so much better than a wad of singles, which makes me feel cheap and foolish.

    durandal4532 on
    We're all in this together
  • SerpentSerpent Sometimes Vancouver, BC, sometimes Brisbane, QLDRegistered User regular
    edited April 2009
    Quid wrote: »
    We need, at least, $1 and $2 coins, like Canada. It's soooo nice. So convenient.
    Bwah? No it isn't. Bills are far more convenient than coins. They're lighter, they fold, and fit with the rest of the bills.

    Fuck coins.

    This. I hate carrying coins around.

    You're crazy. What it does is it makes change easier to make and give, improving service times. It also reduces your quarter-glut, and allows you to get stuff from vending machines/cheap sidewalk crap for a coin or two instead of 30. Also, you don't keep all your loonies and toonies on hand, you just pay for things with 5's, 10's, or 20's, then take the coins and put them at home and maybe keep a pocketful of coins, $10 or so, for buying cheap stuff quickly.

    I like it so much better than a wad of singles, which makes me feel cheap and foolish.

    No way man, it should all be paper. forget quarters, we should have quarter dollar bills

    Serpent on
  • ilmmadilmmad Registered User regular
    edited April 2009
    Coins last decades longer, saving the government money. Unfortunately, most Americans don't like the idea of the coin over the bill, so the previous iterations of dollar coins never caught on. Part of the reason is how the Sacagewea coins were advertised: instead of advertising the fact that they last longer and save the government money, the coins were advertised as a novelty.

    Interestingly enough, Ecuador loves coins and uses the US dollar as currency, so around half of the Sacagawea coins are in circulation in Ecuador.

    ilmmad on
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  • Nakatomi2010Nakatomi2010 Registered User regular
    edited April 2009
    The other thing I personally like about coinage when I lived in Canada is that if you don't like coins you save money FAST when spending with paper bills...

    When I was in high school I hating carrying coins around, so I'd toss them into a coin sorter at home, every month or so I'd hit like 25/50 dollars in coins and such that would help defer the next month. It was great.

    Poker games become more interesting since the coins themselves become chips, yielding a higher gain at the end of the game. I remember my sister and her husband used to hold poker games and they'd fill up one of those coca-cola bottle with their coin winnings every time they won, that bitch would fill fast they'd net a crap load of money....

    Fun stuff.... Coins are annoying sure, but they are handy with the right mentality and mindset...

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  • monikermoniker Registered User regular
    edited April 2009
    ilmmad wrote: »
    Coins last decades longer, saving the government money. Unfortunately, most Americans don't like the idea of the coin over the bill, so the previous iterations of dollar coins never caught on. Part of the reason is how the Sacagewea coins were advertised: instead of advertising the fact that they last longer and save the government money, the coins were advertised as a novelty.

    Interestingly enough, Ecuador loves coins and uses the US dollar as currency, so around half of the Sacagawea coins are in circulation in Ecuador.

    No, the reason is because paper dollars were not phased out. "You should change, but we are going to make it easier to not change" isn't the best selling point.

    Personally I hate coins. I'd rather we eliminate denominations under $1 and just round everything up/down. Then again I use plastic for everything now so it doesn't impact me.

    moniker on
  • AphostileAphostile San Francisco, CARegistered User regular
    edited April 2009
    How are you going to put a coin in a stripper's g-string anyway?

    I can think of a few ways. :winky:

    I'll toss my hat into the all-digital hat. I already hate taking out any cash whatsoever. When a restaurant doesn't take cards, I laugh and wonder if I've wandered into some sort of medieval eatery. I am vastly annoyed that many of the toll booths here in Northern CA don't even take anything except for cash (and they'll give you a nice hefty fine if you don't have any). I am even more deeply saddened that many of the parks and hikes that I like require cash fees to access them (enough so that I park on the highway with all the rest of the annoyed people).

    I could care less about someone tracking that I buy string cheese, condoms and fruit juice all in one go. Let them dream up all sorts of wild things.

    Aphostile on
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  • enc0reenc0re Registered User regular
    edited April 2009
    moniker wrote: »
    No, the reason is because paper dollars were not phased out. "You should change, but we are going to make it easier to not change" isn't the best selling point.

    Personally I hate coins. I'd rather we eliminate denominations under $1 and just round everything up/down. Then again I use plastic for everything now so it doesn't impact me.

    Whoa, I'm cool with eliminating anything under a Quarter. But there are way too many purchasable items that cost less than $1 to go that far.

    The first thing that has to go is pricing in 10ths of cents. Why can gas stations do that. It's borderline misleading.

    EDIT: Wallet thickness creep is bugging me too. I've been toying with the idea of a wallet that would attach/clip to my belt. Do any of you know where I could get such a thing?

    enc0re on
  • monikermoniker Registered User regular
    edited April 2009
    enc0re wrote: »
    moniker wrote: »
    No, the reason is because paper dollars were not phased out. "You should change, but we are going to make it easier to not change" isn't the best selling point.

    Personally I hate coins. I'd rather we eliminate denominations under $1 and just round everything up/down. Then again I use plastic for everything now so it doesn't impact me.

    Whoa, I'm cool with eliminating anything under a Quarter. But there are way too many purchasable items that cost less than $1 to go that far.

    The first thing that has to go is pricing in 10ths of cents. Why can gas stations do that. It's borderline misleading.

    EDIT: Wallet thickness creep is bugging me too. I've been toying with the idea of a wallet that would attach/clip to my belt. Do any of you know where I could get such a thing?

    What can you get for under a dollar? And gas stations charge like that due to state and federal taxes being at fractional cents. You'd think they'd increase their profit margin by $0.001, but whatever.


    As for wallets, a 'magic wallet' is the best thing ever.

    moniker on
  • QuidQuid Definitely not a banana Registered User regular
    edited April 2009
    Candy bars, sodas, various fruits and vegetables from the grocery store can all be under a dollar.

    Quid on
  • monikermoniker Registered User regular
    edited April 2009
    Quid wrote: »
    Candy bars, sodas, various fruits and vegetables from the grocery store can all be under a dollar.

    I've never seen anything in a vending machine under $1.00. And if buy 2 apples and you come out ahead in the rounding.

    moniker on
  • QuidQuid Definitely not a banana Registered User regular
    edited April 2009
    I'd imagine cost of living in Chicago is somewhat higher than lots of other places. Because I can buy two apples here and still come in under a dollar. That still doesn't address the fact that I don't need half a pound of snow peas or ginger.

    The Hell would I do with all that fresh ginger?

    Quid on
  • enc0reenc0re Registered User regular
    edited April 2009
    moniker wrote: »
    What can you get for under a dollar?

    You're paying too much. Find one of these in your area, and see just how much <$1 can buy you.
    moniker wrote: »
    And gas stations charge like that due to state and federal taxes being at fractional cents. You'd think they'd increase their profit margin by $0.001, but whatever.

    That's my point. You know they're doing it to seem 1 cent cheaper.
    moniker wrote: »
    As for wallets, a 'magic wallet' is the best thing ever.
    If you are talking about cards, ironically most of my wallet thickness comes from cards. That's why I want to belt-clip that shit. But I want the whole container to come off my belt, because getting stuff out of a fanny-pack sucks.

    enc0re on
  • RandomEngyRandomEngy Registered User regular
    edited April 2009
    Well one obstacle to getting rid of cash would be credit card interchange fees. Though I'm not sure how the cost of interchange fees compares to the cost of printing money.

    RandomEngy on
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  • tbloxhamtbloxham Registered User regular
    edited April 2009
    enc0re wrote: »
    moniker wrote: »
    What can you get for under a dollar?

    You're paying too much. Find one of these in your area, and see just how much <$1 can buy you.
    moniker wrote: »
    And gas stations charge like that due to state and federal taxes being at fractional cents. You'd think they'd increase their profit margin by $0.001, but whatever.

    That's my point. You know they're doing it to seem 1 cent cheaper.
    moniker wrote: »
    As for wallets, a 'magic wallet' is the best thing ever.
    If you are talking about cards, ironically most of my wallet thickness comes from cards. That's why I want to belt-clip that shit. But I want the whole container to come off my belt, because getting stuff out of a fanny-pack sucks.

    Aldi is the worst food in the world, you'd be better off not eating.

    tbloxham on
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  • enc0reenc0re Registered User regular
    edited April 2009
    tbloxham wrote: »
    Aldi is the worst food in the world, you'd be better off not eating.

    Ouch. I get all my groceries at Aldi. Except for meat; we have an excellent local butcher I frequent for that.

    enc0re on
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