+32 The penny has pretty well become obsolete. amirite?

by Anonymous 3 weeks ago

Canada got rid of pennies years ago.

by Anonymous 3 weeks ago

And dollar bills and 2 dollar bills... And the word has not exploded.

by Rare_Language 3 weeks ago

Canada is full of loonies.

by Lonnymckenzie 3 weeks ago

And toonies

by Anonymous 3 weeks ago

And in this cartoony, we're invading your TV

by Anonymous 3 weeks ago

Think i'd prefer bills instead of loonie or toonie. I hate change.

by Anonymous 3 weeks ago

Yeah dollar bills give false hope when you have a bunch haha. I just hate carrying change. It clanks around and always falls out. I have a change jar i cash in every once in a bit, but not people barely use cash so it fills up way slower. Then you have to roll it also

by Anonymous 3 weeks ago

Canadian here. I havened touched physical cash once in over 10 years

by Anonymous 3 weeks ago

What do you pay for drugs with

by Original-Camel 3 weeks ago

My drug dealer doesn't accept e-transfers unfortunately

by Anonymous 3 weeks ago

All the online ones will do bitcoin

by Anonymous 3 weeks ago

I am Also Canadian haha

by Anonymous 3 weeks ago

Excuse me but 10 IS <= 50

by Anonymous 3 weeks ago

The bigger side is the bigger numbee

by Anonymous 3 weeks ago

The alligator is trying to eat the bigger number cause he's hungy

by AnyUnderstanding 3 weeks ago

Small side for smaller nu.ber, big side for bigger number.

by Anonymous 3 weeks ago

Canada has now largely gone cashless. I haven't carried change in a few years.

by Runolfssondamon 3 weeks ago

You mean you hate changing or hate change?

by Then_Network 3 weeks ago

you hate change because it's useless. As an old i know that when a pocketful of change will buy dinner or a couple of beers, it's not nearly as annoying.

by Anonymous 3 weeks ago

Wtf do you throw at strippers? 5s and 10s?

by Jamisonjast 3 weeks ago

I found one on the ground this week. Blew my damn mind.

by Lauren87 3 weeks ago

That's the real way to make a quick buck. Somehow acquire Canadian Pennies at actual value $0.0073USD per penny currently and use them in the USA. No one checks the validity of a penny. Use enough Canadian pennies per day and you've just saved maybe a dollar.

by alizejacobi 3 weeks ago

sometimes i leave a penny on the ground heads up for someone else to have a lucky day

by Kierakuphal 3 weeks ago

Thank you

by Anonymous 3 weeks ago

I found this weeks! No other explanation.

by Lauren87 3 weeks ago

How else are we suppose to get change back when the price of everything is $__.99??

by Anonymous 3 weeks ago

In Canada, you'd get no change back on .99, it would be rounded up. If you pay with a card, it's the exact amount. Haven't ever wished for a penny since they've been gone. Unnecessary.

by Yessenia12 3 weeks ago

rounding. 1,2,3,4 get rounded down. 6,7,8,9 get rounded up. it evens out in the end.

by Ivarolfson 3 weeks ago

That's how we do it in Australia with cash payments. We haven't had 1 and 2 cent coins in decades. We managed just fine.

by Anonymous 3 weeks ago

Could probably get rid of the 5c too to be honest

by Anonymous 3 weeks ago

Probably. I barely pay cash for anything these days. My wallet will go months with no physical money in it sometimes.

by Anonymous 3 weeks ago

And the 10¢. In America the dime currently has less buying power than the half cent did when it was discontinued

by Ari22 3 weeks ago

Our smallest coin in NZ is 10c now. And we're seeing less and less cash, I hardly ever carry any.

by Anonymous 3 weeks ago

I bet someone out there is working the system to make money from that rounding.

by Anonymous 3 weeks ago

This would probably skew in favor of the vendors lol

by Anonymous 3 weeks ago

It doesn't already?

by Anonymous 3 weeks ago

Buy 3 items priced $x.99 and earn 2 cents when they round your change. It's free money.

by Friendly_Bet 3 weeks ago

How do you get change back when the price is a fraction of a penny? If you get something for $2.75 and sales tax is 5% you owe $2.8875. You hand them 3 one dollar bills. You should get 11 and a quarter cents back. How do you get that quarter cent? Do you just round it to the nearest penny and forget about it? Of course you do. Same if we eliminated the penny. Just round to the nearest nickel.

by Anonymous 3 weeks ago

Tax

by Anonymous 3 weeks ago

In some places, they give you candy.

by lockmanmadie 3 weeks ago

In Canada it is rounded to the nearest $0.05

by Anonymous 3 weeks ago

I'd argue nickels are obsolete as well. Rounding to the nearest .1 is sufficient for most daily applications

by Naive-Connection 3 weeks ago

so we make quarters $0.30?

by Anonymous 3 weeks ago

$0.20 would work so much better

by Anonymous 3 weeks ago

Or just get rid of quarters and phase in half dollars

by Anonymous 3 weeks ago

In these days of 6/5 Blackjack payouts I'm afraid 50 cent pieces have no role.

by Round_Transition9822 3 weeks ago

Not much of a gambler, so unsure why it'd matter. Don't most casinos use tokens of some sort? If so, then, what denominations US currency is in would be irrelevant. Even so, what dollar amounts are you gambling? If I'm playing for $5 per hand (or any multiple of five), then they payout at 6:5 would always be full dollars. $4 =>$4.80 ... 3 dimes and a half dollar $3 => $3.60 ... 1 dimes and a half dollar $2 => $2.40 ... 4 dimes $1 => $1.20 ... 2 dimes And any other number of whole dollars would fall into one of those.

by Anonymous 3 weeks ago

Then they'd be fifths

by Anonymous 3 weeks ago

No they would be fifthers

by AbbreviationsDue9563 3 weeks ago

No they wouldn't. Half, third, quarter, fifth.

by Anonymous 3 weeks ago

Get rid of pennies, nickels, and quarters. Keep the dime, and create a 20 cent piece and a 50 cent piece. Or get rid of cents and use decs. 10 decs to a dollar. A 1 dec, 2 dec and 5 dec piece. Apparently, people are using cash rarely enough that dollar bills are not wearing down as fast, so they are now cheaper than dollar coins, so keep those.

by Brayan83 3 weeks ago

Congrats, you just invented the Euro

by Anonymous 3 weeks ago

Nickels are worse. There's more than $0.05 worth of nickel and copper in them... Pennies are at least mostly zinc and not worth anywhere near $0.01 melted down.

by Anonymous 3 weeks ago

Zinc is pretty good for you though.

by Round_Transition9822 3 weeks ago

Next time I get a cold, I'll just pop a couple of pennies. Way cheaper than the lozenges.

by Anonymous 3 weeks ago

I do t get why we didn't do this right away (Canada). Bring back the 50 cent piece, dimes are smaller than pennies, and voila, the most coins you ever need is 5 (for change under a dollar) You know, as opposed to 5. Three quarters and two dimes lol.

by Anonymous 3 weeks ago

Someone made a machine that you could crank for pennies. It would pay out at a rate of minimum wage. Few people continue cranking after a few pennies.

by Anonymous 3 weeks ago

Only reason I use them is so that I get a printed receipt when I check out at grocery stores.

by Anonymous 3 weeks ago

You have to pay for a receipt???

by Anonymous 3 weeks ago

That's interesting. Midwest here, shop at (different) Walmart regularly, always pay with a card and always have gotten a paper receipt. I usually don't care about receipts but they ask for it at the door on occasion.

by Neilbrown 3 weeks ago

I pay by mobile wallet, not physical card, so that might be the issue

by Anonymous 3 weeks ago

Interesting. I'll try paying through their app next time just to test. I done it before, but that was a few years ago. such a interesting restriction but I seen weirder things done

by Neilbrown 3 weeks ago

Never heard of that. The Walmarts where I live give receipts for digital payments. Weird.

by RadishOld 3 weeks ago

Well what the he'll am I suppose to put in my penny loafers?

by jamar07 3 weeks ago

There are plenty of 1 cent coins still left around to keep all of the penny loafers stocked.

by Anonymous 3 weeks ago

Except that didn't happen when we phased out the penny.

by Anonymous 3 weeks ago

Metal coins in general should be phased out.

by Anonymous 3 weeks ago

What should they be made from? I think the Necco people should be doing something with coins. Then "mint" would be a better name for the place making them.

by Vegetable-Opening 3 weeks ago

I think they meant get rid of coins all together, no matter what its made out of

by Few_Milk 3 weeks ago

Tism

by Anonymous 3 weeks ago

Even chocolate ones?

by Anonymous 3 weeks ago

I don't think so. I think the candy is the idea.

by Anonymous 3 weeks ago

I literally never wanna use coins, theyre just a hastle. A big stack of cash is so much more efficient to carry and easier to count

by Darrel09 3 weeks ago

Metal coins are far cheaper in the long run for the federal government than paper bills. Here's a great CGP Grey video on the death of the penny.

by Classic-Bit-8617 3 weeks ago

Only reason it still exists in the US is because the zinc industry pushes for it so their jobs still exist. A penny costs roughly four cents to make these days. And I hate them.

by Think-Reality-2294 3 weeks ago

There's plenty of galvanizing left to keep the zinc industry alive, at least until corten steel production ramps up.

by Anonymous 3 weeks ago

Every time I go to the USA, I refuse pennies.🇨🇦

by Blandamagali 3 weeks ago

I never use cash because I'll get pennies and nickels back and just never use them and I'm too lazy to gather 100 of them to exchange. Basically just losing money when using cash.

by timothyfisher 3 weeks ago

Well that's just your two cents, which you couldn't have without them!

by Anonymous 3 weeks ago

We should only have quarters. That would be unconstitutional. /s

by Friendly_Bet 3 weeks ago

What else are you gonna use for a flattened souvenir coin?

by Anonymous 3 weeks ago

I use them for ammo in my sling shot. Good for small game. Usually can recover them too.

by Spiritual-Ad5517 3 weeks ago

Embedded in the body of the target? 🤨

by Sallykoelpin 3 weeks ago

People literally throw them away. There's probably at least $100 in pennies somewhere in a landfill

by Anonymous 3 weeks ago

I had a teacher that would literally throw pennies away. We had a penny collection contest for "D.A.R.E." And she would give them to me.

by Spare-Word-3342 3 weeks ago

Well but if you collect them it makes more cents…

by wellington72 3 weeks ago

Except for throwing in pretty wells

by Anonymous 3 weeks ago

I think that's because of the digital currency, after all to be honest money feels very much like a videogame sometimes: I work and a number on my phone screen goes higher, which means I can make it lower again by having stuff like a house or food and a lot in life goes around making that number higher. And it all feels... Detached, money loses its "weight", for example, I don't mind paying 15 bucks for a generic bad coffee with a frozen sandwich, but the second I actually have to take out 1 buck out of my wallet to pay for parking I actually feel robbed... So it's easier to increase inflation because again, money does not feel like something "real" anymore.

by Anonymous 3 weeks ago

Unfortunately, this.

by Anonymous 3 weeks ago

They also were 13 years ago CGP Grey's video on it

by Anonymous 3 weeks ago

Beat me.

by Anonymous 3 weeks ago

But what about Stephen Mulhern in for a penny 🥲

by schmelernewton 3 weeks ago

bring back the shilling I say

by Anonymous 3 weeks ago

Approximately 40% of the coins produced by the US Mint in 2023 were pennies. 4.1 billion pennies at a loss of $86 billion. The next largest volume of coin produced was dimes at 2.7 billion coins.

by Intelligent-Diet 3 weeks ago

I heard it costs 2 cents to mint a penny.

by Anonymous 3 weeks ago

Even in El Salvador is so rare the ocassion when we use a pennys (Sorry for my bad english)

by FunEnvironmental5730 3 weeks ago

But now it's even luckier to find one. "See a penny, pick it up and all the day you'll have good luck"

by duane82 3 weeks ago

The only use for cents here is just for parking lol

by russel80 3 weeks ago

Not when I'm a McDonalds drive thru buying a 6 piece

by OkPresentation1080 3 weeks ago

I've never used cash. Completely pointless.

by Anonymous 3 weeks ago

Wait untill it happens to your 10 dollar bill... *Cries in argentinian*

by skyecorkery 3 weeks ago

I usually throw them away when I find them lying around. Unless it's really old.

by Awkward-Ad 3 weeks ago

Not here. Still have those "leave a penny, take a penny" holders by all the registers.

by Anonymous 3 weeks ago

Really anything under a dollar

by Anonymous 3 weeks ago

Idk I can still roll one pretty far down the side walk.

by Brooks90 3 weeks ago

It costs more than a penny to make a penny

by Anonymous 3 weeks ago

I have over a ton of them.

by Robelvergie 3 weeks ago

I just wish they could reset money and start over. World was better when change was worth something.

by Anonymous 3 weeks ago

Yet people still complain if a cashier short changes a penny.

by Anonymous 3 weeks ago

places still use pennies?

by Anonymous 3 weeks ago

Good for those machines that make your penny into a souvenir

by Mission-Procedure-67 3 weeks ago

And the nickle, and the dime, and the quarter.

by hermanntravis 3 weeks ago

In 1857 the US discontinued minting half-cent coins which today would be ~$0.18 so yeah, nickles and dimes could go as well.

by Anonymous 3 weeks ago

Cash has pretty well become obsolete.

by Preilly 3 weeks ago

It literally goes in the trash

by Anonymous 3 weeks ago

The U.S. half penny was last minted in 1857, when it was worth the equivalent of about $0.18 today. I firmly believe we should dump the penny and nickel immediately and probably the dime as well.

by Separate-Iron987 3 weeks ago

I'm 31 and I can honestly say I haven't used a penny to buy somthing since I was 7

by Anonymous 3 weeks ago

The most common coin for me to run out of in my cash drawer are pennies. I don't see it.

by Anonymous 3 weeks ago

It's like in this country with the centavos it's used more to round out the change you receive from small purchases.

by Anonymous 3 weeks ago

Time to nuke the penny and the dollar bill.

by Ryley39 3 weeks ago

But how else will the self service checkout give me my 85p change? As soon as a hear it booting up ready to spit a pocket full of coins at me, I'm out

by Anonymous 3 weeks ago

No, you just don't care to carry so many with you.

by Anonymous 3 weeks ago

So has imperial measurement but the United States soldiers on.

by Best_Total 3 weeks ago

Then why is the cost of a gallon of gasoline measured in 1/10 of one cent? I'm guessing they round up if I buy one gallon!!!!

by Anonymous 3 weeks ago

Well in my country our 10 pesos bill has become obsolete so... You're lucky

by Anonymous 3 weeks ago

I'm an American male, 30 years old. I remember actually using pennies to buy things sometimes (Arizona teas, cigarettes, etc) but I cannot tell you the last time I even saw a penny

by Anonymous 3 weeks ago

You may send them too me for disposal, just dm me 😄

by Anonymous 3 weeks ago

Don't believe in pennies.

by Anonymous 3 weeks ago

Washers are like 10c each. Get a roll of pennies and if you have a drill press you can make 50 washers for 90% cheaper.

by Anonymous 3 weeks ago

Shiiit, I still take a handful on vacations & to exhibits a pay 50¢ to stamp them into equally irrelevant garbage. That way I'll remember I was there once in a blue-moon, rather than the hundreds of pictures I take.

by Anonymous 3 weeks ago

Bro at this point the quarter is obsolete

by Johanna67 3 weeks ago

Anytime I collect a fistful of change, I make an effort to use it in my small cash purchases to make exact change. It's satisfying. At some point I run out and then just start buying with bills and collect change again and the cycle starts over again.

by Tod61 3 weeks ago

What do you mean "pretty well" it's been obsolete for a long time in many countries

by lonzonienow 3 weeks ago

It really is odd that we have the same coins we had 200 years ago. In 1824 the difference between paying 2 cents and 3 cents for something was huge. Now we don't even want the pennies.

by Anonymous 3 weeks ago

Inflation means it costs more than its face value.

by Past_Coach 2 weeks ago

Unless you have 100,000,000,000 of them

by Anonymous 2 weeks ago

Canada got rid of pennys years ago.

by Anonymous 2 weeks ago

Just wait, they might have to actually start printing 500 and 1000 dollar bills again, because the buying power of the 100 is going down the toilet.

by Anonymous 2 weeks ago

The penny is my daily reminder of how screwed up our government is.

by Acremin 2 weeks ago

I throw away pennies…

by izabellawelch 2 weeks ago

Cash has become nearly obsolete. Americans use checks which to my European mind is mind boggling. I still don't understand what is the utility of checks over direct transfers or card payments.

by Anonymous 2 weeks ago

When you're as poor as I am a handful of pennies is useful to help afford that fountain soda you're craving.

by Anonymous 2 weeks ago

Wrong! Those penny smasher machines are fun

by milorenner 2 weeks ago

It's not worth the copper they're made from.

by Puzzleheaded-Dig76 2 weeks ago

USA had a copper lobby group that makes it almost impossible to get rid of it.

by Anonymous 2 weeks ago

Aren't all coins pretty well obsolete?

by keelingilene 2 weeks ago

When we fondly get around to it, kill nickels and dimes too

by Anonymous 2 weeks ago

As had the nickel and dime

by ConcentrateWitty 2 weeks ago

wrong. i use them for my flowers so the water in the vase doesn't get as nasty as quick :)

by Anonymous 2 weeks ago

Weirdly, I still need to carry cash for farmer's markets

by Anonymous 2 weeks ago

Send me all the penny

by Grand-Educator2456 2 weeks ago

In Britain we have the 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. Everything up to 10p is pretty much useless. At a minimum we should get rid of the 5p and the 2p. They very rarely get used and it doesn't cause the "But how do I buy stuff for 1p?" issues of removing the 1p. I know that's not an insurmountable problem and other countries have done it but it would still be difficult to convince the public getting rid of the 1p won't destroy society.

by Anonymous 2 weeks ago

Not if you're an American cashier, the take a penny system helps me get even numbers so I can dispense change easier. Say they bought something at $2.53 and they give me a 5, I take 3 pennies and give them 2 $1 bills and 2 quarters.

by Anonymous 2 weeks ago