return2ozma@lemmy.world to News@lemmy.world · 2 days agoStop making cents: US Mint moves forward with plans to kill the pennyapnews.comexternal-linkmessage-square137fedilinkarrow-up1381arrow-down17cross-posted to: usnews@beehaw.org
arrow-up1374arrow-down1external-linkStop making cents: US Mint moves forward with plans to kill the pennyapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 2 days agomessage-square137fedilinkcross-posted to: usnews@beehaw.org
minus-squareIamSparticles@lemmy.ziplinkfedilinkEnglisharrow-up19·2 days agoThat isn’t the specific problem. The problem is that you need a way to make up the difference between them. Example: If someone pays $1.00 for something that costs $0.35, how do you make change without a .05 denomination?
minus-squarePyr@lemmy.calinkfedilinkarrow-up18arrow-down2·2 days agoIt’s the same issue with the penny, you round up or round down. If you have no penny, when taxes on your item make the total equal to $5.03, you pay $5.05. if the total is $5.02 you pay $5.00.
minus-squareHowAbt2morrow@futurology.todaylinkfedilinkEnglisharrow-up13·2 days agoTurn the dime into 12.5 cents.
minus-squarerc__buggy@sh.itjust.workslinkfedilinkarrow-up13·edit-22 days agoBring back the bit! The more I think about it, the more I like it: Eliminate the Penny, Nickel, and Dime Bring back Old West nomenclature IT’S AMERICAN AS FUCK! Will drive the metric nerds absolutely batshit. “Of course we have an eighth* of a dollar, why would we use decimal?!” * I think just the spelling of eighth will spin eurotrash into a tizzy
minus-squareArcher@lemmy.worldlinkfedilinkarrow-up1·1 day agoThe problem with this proposal is that it could start circulating on Xitter and then become actual policy
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up3·2 days ago🎶Shave and haircut, two bits🎵
minus-squarerc__buggy@sh.itjust.workslinkfedilinkarrow-up2·2 days agohttps://www.youtube.com/watch?v=z8leYVnk6Gw
minus-squareIamSparticles@lemmy.ziplinkfedilinkEnglisharrow-up1·1 day agoSure, but the rounding errors become a lot bigger if you get rid of the nickel.
That isn’t the specific problem. The problem is that you need a way to make up the difference between them. Example: If someone pays $1.00 for something that costs $0.35, how do you make change without a .05 denomination?
It’s the same issue with the penny, you round up or round down.
If you have no penny, when taxes on your item make the total equal to $5.03, you pay $5.05. if the total is $5.02 you pay $5.00.
Turn the dime into 12.5 cents.
Bring back the bit!
The more I think about it, the more I like it:
* I think just the spelling of eighth will spin eurotrash into a tizzy
The problem with this proposal is that it could start circulating on Xitter and then become actual policy
🎶Shave and haircut, two bits🎵
https://www.youtube.com/watch?v=z8leYVnk6Gw
Sure, but the rounding errors become a lot bigger if you get rid of the nickel.