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The penny has pretty well become obsolete. amirite?
by Anonymous3 weeks ago
Canada got rid of pennies years ago.
by Anonymous3 weeks ago
And dollar bills and 2 dollar bills... And the word has not exploded.
by Rare_Language3 weeks ago
Canada is full of loonies.
by Lonnymckenzie3 weeks ago
And toonies
by Anonymous3 weeks ago
And in this cartoony, we're invading your TV
by Anonymous3 weeks ago
Think i'd prefer bills instead of loonie or toonie. I hate change.
by Anonymous3 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 Anonymous3 weeks ago
Canadian here. I havened touched physical cash once in over 10 years
by Anonymous3 weeks ago
What do you pay for drugs with
by Original-Camel3 weeks ago
My drug dealer doesn't accept e-transfers unfortunately
by Anonymous3 weeks ago
All the online ones will do bitcoin
by Anonymous3 weeks ago
I am Also Canadian haha
by Anonymous3 weeks ago
Excuse me but 10 IS <= 50
by Anonymous3 weeks ago
The bigger side is the bigger numbee
by Anonymous3 weeks ago
The alligator is trying to eat the bigger number cause he's hungy
by AnyUnderstanding3 weeks ago
Small side for smaller nu.ber, big side for bigger number.
by Anonymous3 weeks ago
Canada has now largely gone cashless. I haven't carried change in a few years.
by Runolfssondamon3 weeks ago
You mean you hate changing or hate change?
by Then_Network3 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 Anonymous3 weeks ago
Wtf do you throw at strippers? 5s and 10s?
by Jamisonjast3 weeks ago
I found one on the ground this week. Blew my damn mind.
by Lauren873 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 alizejacobi3 weeks ago
sometimes i leave a penny on the ground heads up for someone else to have a lucky day
by Kierakuphal3 weeks ago
Thank you
by Anonymous3 weeks ago
I found this weeks! No other explanation.
by Lauren873 weeks ago
How else are we suppose to get change back when the price of everything is $__.99??
by Anonymous3 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 Yessenia123 weeks ago
rounding. 1,2,3,4 get rounded down. 6,7,8,9 get rounded up. it evens out in the end.
by Ivarolfson3 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 Anonymous3 weeks ago
Could probably get rid of the 5c too to be honest
by Anonymous3 weeks ago
Probably. I barely pay cash for anything these days. My wallet will go months with no physical money in it sometimes.
by Anonymous3 weeks ago
And the 10¢. In America the dime currently has less buying power than the half cent did when it was discontinued
by Ari223 weeks ago
Our smallest coin in NZ is 10c now. And we're seeing less and less cash, I hardly ever carry any.
by Anonymous3 weeks ago
I bet someone out there is working the system to make money from that rounding.
by Anonymous3 weeks ago
This would probably skew in favor of the vendors lol
by Anonymous3 weeks ago
It doesn't already?
by Anonymous3 weeks ago
Buy 3 items priced $x.99 and earn 2 cents when they round your change. It's free money.
by Friendly_Bet3 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 Anonymous3 weeks ago
Tax
by Anonymous3 weeks ago
In some places, they give you candy.
by lockmanmadie3 weeks ago
In Canada it is rounded to the nearest $0.05
by Anonymous3 weeks ago
I'd argue nickels are obsolete as well. Rounding to the nearest .1 is sufficient for most daily applications
by Naive-Connection3 weeks ago
so we make quarters $0.30?
by Anonymous3 weeks ago
$0.20 would work so much better
by Anonymous3 weeks ago
Or just get rid of quarters and phase in half dollars
by Anonymous3 weeks ago
In these days of 6/5 Blackjack payouts I'm afraid 50 cent pieces have no role.
by Round_Transition98223 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 Anonymous3 weeks ago
Then they'd be fifths
by Anonymous3 weeks ago
No they would be fifthers
by AbbreviationsDue95633 weeks ago
No they wouldn't. Half, third, quarter, fifth.
by Anonymous3 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 Brayan833 weeks ago
Congrats, you just invented the Euro
by Anonymous3 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 Anonymous3 weeks ago
Zinc is pretty good for you though.
by Round_Transition98223 weeks ago
Next time I get a cold, I'll just pop a couple of pennies. Way cheaper than the lozenges.
by Anonymous3 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 Anonymous3 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 Anonymous3 weeks ago
Only reason I use them is so that I get a printed receipt when I check out at grocery stores.
by Anonymous3 weeks ago
You have to pay for a receipt???
by Anonymous3 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 Neilbrown3 weeks ago
I pay by mobile wallet, not physical card, so that might be the issue
by Anonymous3 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 Neilbrown3 weeks ago
Never heard of that. The Walmarts where I live give receipts for digital payments. Weird.
by RadishOld3 weeks ago
Well what the he'll am I suppose to put in my penny loafers?
by jamar073 weeks ago
There are plenty of 1 cent coins still left around to keep all of the penny loafers stocked.
by Anonymous3 weeks ago
Except that didn't happen when we phased out the penny.
by Anonymous3 weeks ago
Metal coins in general should be phased out.
by Anonymous3 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-Opening3 weeks ago
I think they meant get rid of coins all together, no matter what its made out of
by Few_Milk3 weeks ago
Tism
by Anonymous3 weeks ago
Even chocolate ones?
by Anonymous3 weeks ago
I don't think so. I think the candy is the idea.
by Anonymous3 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 Darrel093 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-86173 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-22943 weeks ago
There's plenty of galvanizing left to keep the zinc industry alive, at least until corten steel production ramps up.
by Anonymous3 weeks ago
Every time I go to the USA, I refuse pennies.🇨🇦
by Blandamagali3 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 timothyfisher3 weeks ago
Well that's just your two cents, which you couldn't have without them!
by Anonymous3 weeks ago
We should only have quarters. That would be unconstitutional. /s
by Friendly_Bet3 weeks ago
What else are you gonna use for a flattened souvenir coin?
by Anonymous3 weeks ago
I use them for ammo in my sling shot. Good for small game. Usually can recover them too.
by Spiritual-Ad55173 weeks ago
Embedded in the body of the target? 🤨
by Sallykoelpin3 weeks ago
People literally throw them away. There's probably at least $100 in pennies somewhere in a landfill
by Anonymous3 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-33423 weeks ago
Well but if you collect them it makes more cents…
by wellington723 weeks ago
Except for throwing in pretty wells
by Anonymous3 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 Anonymous3 weeks ago
Unfortunately, this.
by Anonymous3 weeks ago
They also were 13 years ago CGP Grey's video on it
by Anonymous3 weeks ago
Beat me.
by Anonymous3 weeks ago
But what about Stephen Mulhern in for a penny 🥲
by schmelernewton3 weeks ago
bring back the shilling I say
by Anonymous3 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-Diet3 weeks ago
I heard it costs 2 cents to mint a penny.
by Anonymous3 weeks ago
Even in El Salvador is so rare the ocassion when we use a pennys (Sorry for my bad english)
by FunEnvironmental57303 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 duane823 weeks ago
The only use for cents here is just for parking lol
by russel803 weeks ago
Not when I'm a McDonalds drive thru buying a 6 piece
by OkPresentation10803 weeks ago
I've never used cash. Completely pointless.
by Anonymous3 weeks ago
Wait untill it happens to your 10 dollar bill... *Cries in argentinian*
by skyecorkery3 weeks ago
I usually throw them away when I find them lying around. Unless it's really old.
by Awkward-Ad3 weeks ago
Not here. Still have those "leave a penny, take a penny" holders by all the registers.
by Anonymous3 weeks ago
Really anything under a dollar
by Anonymous3 weeks ago
Idk I can still roll one pretty far down the side walk.
by Brooks903 weeks ago
It costs more than a penny to make a penny
by Anonymous3 weeks ago
I have over a ton of them.
by Robelvergie3 weeks ago
I just wish they could reset money and start over. World was better when change was worth something.
by Anonymous3 weeks ago
Yet people still complain if a cashier short changes a penny.
by Anonymous3 weeks ago
places still use pennies?
by Anonymous3 weeks ago
Good for those machines that make your penny into a souvenir
by Mission-Procedure-673 weeks ago
And the nickle, and the dime, and the quarter.
by hermanntravis3 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 Anonymous3 weeks ago
Cash has pretty well become obsolete.
by Preilly3 weeks ago
It literally goes in the trash
by Anonymous3 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-Iron9873 weeks ago
I'm 31 and I can honestly say I haven't used a penny to buy somthing since I was 7
by Anonymous3 weeks ago
The most common coin for me to run out of in my cash drawer are pennies. I don't see it.
by Anonymous3 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 Anonymous3 weeks ago
Time to nuke the penny and the dollar bill.
by Ryley393 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 Anonymous3 weeks ago
No, you just don't care to carry so many with you.
by Anonymous3 weeks ago
So has imperial measurement but the United States soldiers on.
by Best_Total3 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 Anonymous3 weeks ago
Well in my country our 10 pesos bill has become obsolete so... You're lucky
by Anonymous3 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 Anonymous3 weeks ago
You may send them too me for disposal, just dm me 😄
by Anonymous3 weeks ago
Don't believe in pennies.
by Anonymous3 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 Anonymous3 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 Anonymous3 weeks ago
Bro at this point the quarter is obsolete
by Johanna673 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 Tod613 weeks ago
What do you mean "pretty well" it's been obsolete for a long time in many countries
by lonzonienow3 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 Anonymous3 weeks ago
Inflation means it costs more than its face value.
by Past_Coach2 weeks ago
Unless you have 100,000,000,000 of them
by Anonymous2 weeks ago
Canada got rid of pennys years ago.
by Anonymous2 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 Anonymous2 weeks ago
The penny is my daily reminder of how screwed up our government is.
by Acremin2 weeks ago
I throw away pennies…
by izabellawelch2 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 Anonymous2 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 Anonymous2 weeks ago
Wrong! Those penny smasher machines are fun
by milorenner2 weeks ago
It's not worth the copper they're made from.
by Puzzleheaded-Dig762 weeks ago
USA had a copper lobby group that makes it almost impossible to get rid of it.
by Anonymous2 weeks ago
Aren't all coins pretty well obsolete?
by keelingilene2 weeks ago
When we fondly get around to it, kill nickels and dimes too
by Anonymous2 weeks ago
As had the nickel and dime
by ConcentrateWitty2 weeks ago
wrong. i use them for my flowers so the water in the vase doesn't get as nasty as quick :)
by Anonymous2 weeks ago
Weirdly, I still need to carry cash for farmer's markets
by Anonymous2 weeks ago
Send me all the penny
by Grand-Educator24562 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 Anonymous2 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.
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