Basically, we should discontinue the penny and nickel, move to Swedish rounding, and round purchases made in cash to the nearest $0.10.
I would even support taking out the dime and just leaving the quarter and 50 cent piece.
Then we should get rid of the $1, $2, and $5 and make them coin only.
This would make it so that change would be valuable enough to pop a single coin into a vending machine and obtain a snack or drink.
Have the smallest bill be the $10, and the largest be the $100.
I would support $200 and $500 bills, but those would be coveted by criminals, and the $100 makes doing crime just that tiny bit harder.
Having coins that are little more than shrapnel that cost more to make than their face value is stupid.
If you don’t like rounding, you could always just use a debit/credit card
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So I can carry around a pouch of heavy coins instead of skinny paper in a wallet? No thanks. Upvote earned
Just discontinue change. Make $1 the smallest denomination.
I rarely use cash so I don’t feel terribly strongly, but I certainly wouldn’t want to have to carry around more change. Bills are lighter and fit in my wallet more easily. I don’t want a bunch of $1 and $5 coins on those occasions when I do use cash.
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The worst part about cash is coins. Literally cannot stand carrying around coins. Good idea getting of rid of Pennies and nickels, bad idea replacing dollars with coins. Less coins please
We should take it a step further and get rid of the Federal Reserve banking cartel that drives inflation
Eisenhower DollarSusan B. Anthony DollarSacajawea DollarPresident Dollar SeriesOP: NEXT!
In Canada (and for once I can speak for the entire giant-ass country because we all share 1 currency), we’ve had the $1 coin and $2 coin for a good, long time now, as well as phasing out the penny.
For all those years when having cash money on your person was a thing, it ruled. I was around when those where paper bills (and traveled a lot in the States with all of your goddamn singles) so I can say that it’s 400% better since switching to coins.
Cash is dead. It’s been dead for a while. Wallets are dead, too. If you’re a dude who still sits on a fat wallet, I feel sorry for your actual ass. You need 4 cards on you, max, and they fit in a nice card carrier in your front pocket. I threw out my clunky wallet years ago and my cheeks are happy about it. I’ll carry a few $20 bills just because I’m old, but I’ve never been in the situation I imagine myself being in to justify adding them to my kit/pocket stuff.
I’d be all for $5 coins, too. Screw it. Coins *feel* better. Coins *look* better. Embrace it. I’m with you, OP
Plus, you think punching someone with a roll of quarters was awesome? Try a roll of Toonies. THICC.
Yeah let’s all buy a coin pouch for smaller denominations. I already have a wallet. Might as well have men carry around purses for all of our currency organization needs.
Be “we” do you mean America? Because a lot of countries have already done this
Could you imagine making it rain on them ho’s at the strip club with dollar coins 🤕
Go live in Japan and you’ll basically have this
This isn’t Europe.
Having just come from traveling all over Europe, no thanks. Enough people don’t take cards you need cash. Then instead of getting bills back, they always give it in coins. I hate carrying them so I always forget it at home. Now I have handfuls of coins worth maybe 20-30 bucks.
Who is we?
How would you buy penny candy from the five and ten? (If anyone understands this…ha)
This guy r/unpopularopinion’s.
A wallet full of 1’s and 5’s is way less weighty than a pocket full of jingly coins…..
Change blows. Upvote.
If you discontinue the nickel you also need to discontinue the quarter since there is no reason to make change for .25 and .75. Everything is best served by dimes and 50 cent pieces.
You had me until adding more coins. Get rid of pennies, nickles and dimes, or quarters instead of dimes and round all currency.
THEN PASS A LAW THAT TAX MUST BE INCLUDED IN THE SALE PRICE.
It’s ridiculous that its still not.
Get rid of anything under $1
Why is the $100 the largest denomination?
“Makes crime harder” is lazy and a result of brainwashing.
What if you just want to buy a car?
I don’t want to carry coins
That’s ridiculous. Who wants a pocket full of coins?
It’s time for the US to redenominate our currency. We actually have a simple way to do this.
The Coinage Act of 1792 enumerates 5 units of currency. In their modern-day spellings and normalized for commonly-used currency, they are the mil, cent, dime, dollar, and eagle (0.1¢, 1¢, 10¢, $1, and $10).
We should switch from dollars and cents to dimes and eagles. Doing this would move the decimal point for prices one position to the left, and it would allow existing coins and currency to retain their value. We also switch the ISO currency code from USD to USE.
Additionally, bills higher than $100 were discontinued in 1969. In today’s money, that’s closer to $1,000. This would eliminate the eventual need of bringing back $500 and $1,000 bills.
Most crime is done in 20$
Strippers would hate putting a dollar in their slot.
Who’s we? We have dollar and two dollar coins in most countries.
This is just stupid af. Not just unpopular, just stupid as hell.
Japan does this, frankly it sucks.
Any transactions under $10 would be done with coins and it’s a pain in the ass. Notes are easy to organize and pull out. If you carelessly spend notes and aren’t actively spending your coins, you would be literally weighed down by a handful of coins by the end of the week.
Coins are always mixed and you have to go digging around in your purse/pocket and separate out the ones you are going to use.
>Having coins that are little more than shrapnel that cost more to make than their face value is stupid.
If you hate this, just get rid of the nickel and maybe the dime.
$1 notes are great. You can stack a bunch of them into a brick of cash and pretend like you’re rich.
I am all for going to just dimes, quarters and 1 dollar coins, drop the 1 bill, I feel like the 5 bill should stay. 50 cent and $2 bill have been a novelty denomination for a long time, stop making them.
Had me in the first half, but fuck no more coins please. As someone who has lived in Japan where they effectively have $1 and $5 coins it is fucking annoying carrying all these goddamn coins, keep it to bills because they fit in my wallet neatly and I don’t have sit there and play with my ass while I try to fish out what coins I need. Eliminate the penny and nickel and call it good until inflation makes the dime the new penny
If this is done, please send me all the coins you guys don’t want.
Canada not quite there but no pennies and 1 and 2 dollars coins.
Euros are like that btw
Or start making the nickel out of the penny alloy 3.7some¢ instead of nearly 14.
Coins are not good. They get lost and act as an effective tax.
Lived in Germany, and had to keep some heavy €1 and €2 coins with me all the time instead of putting bills in my pocket or wallet. Because more vendors than you’s imagine are STILL cash onl.y
No thanks. Everything down to $.50 should be a bill. And yes, I’m serious. **** coins.
You guys have 1 dollar notes?
It depends on the nation, I suppose. Some are pushing towards cashless. Some in the US push for it too.
Expecting to produce a durable thing that’s supposed to be handled by thousands of people in its lifetime and have it not cost money to produce is baffling to me.
We don’t buy currency, we use currency to exchange for goods and services. It’s akin to expecting public transportation or highways to be a profit making venture.
I live in a country that has a “$1” & “$5” coin, it’s fucking dumb. Now I have to carry a pound of coins because I have “$7”. Paper money is more efficient.
As someone who’s traveled to Canada and Europe, I agree. Coins are the shit. I love having US dollar coins on me.
Interesting. I know that higher denomination coins and bills are indicators of currency depreciation. But I don’t know if deliberately replacing bills with coins has the same economic implications as doing it out of necessity.
This isn’t that unpopular. However I would get rid of pennies and dimes. We just need nickels and quarters.
Should just get rid of coins altogether. Everything rounded to the dollar. We’re already at the point where you can’t really buy anything for less than a dollar and the things you can buy could just as easily be sold in multiple quantities. Might be a little too soon, but it would be forward thinking as we’re already headed there.
OP should check out Canada sometime
Canada doesn’t have any pennies. We got rid of them. Our $1 and $2 are also coins. We do have nickels and then our bills start at $5
These days a lot of people don’t really carry around cash anymore.
The most annoying part about US money is that it’s all the same colour, it’s way more work than it needs to be to figure out which bill is which, when in Canada it’s obvious if one bill is blue and another is purple.
Fewer coins, not more. I am to the point that I use cash to tip servers and like twice a year at cash only restaurants.
I agree except don’t add more coins
I support getting rid of smaller coins, but not replacing bills with more coins. Coins suck.
Carry around a bunch of heavy coins? No thanks
Bring back coin pouches, let’s goooo
The Swiss Frank (currently worth USD 1.21) is basically in this situation. 5 rp coins still circulate but are very rare and essentially worthless, and the smallest denomination note is the CHF 10, with 1, 2 and 5 frank coins, and 10, 20, 50 and 100 notes in common circulation, with 200 and 1000 more rarely seen. Many people regard the only routine users of the 1000 being criminal types, but this is Switzerland after all. When the current series of notes was introduced, it was a bit of a meme that the slightly smaller size of the new 1000 note was chosen so that an extra stack of them would fit into a standard bank deposit box compared with the old one. I have once seen a 1000 being used in a shop, it caused an issue because the cashier did not have enough of a float in their till to make change for it, but some more was brought out of the safe, and the transaction was resolved.
So Japan does this for anything essentially less than $10 (1,000 yen). First time I went to Walmart (Seiyu) there I thought the cashier ripped me off when she handed me a handful of change when I was supposed to get back like $9+. I looked like a crazy person trying to argue until I took a good look at the coins.
I absolutely hate smaller bills as coins. I had to adapt by keeping a coin purse with me when I went out. But it did make it easy to save up in a short amount of time. Used it to pay for all the tolls and parking.
If we’re rounding to the nearest $0.10 then continuing to have a coin worth $0.25 is…confusing. Do we round a quarter to $0.30? Does two quarters equal $0.50 or $0.60, then?
That’s kinda how it is in my country.
OP’s brilliant idea will make my cashier job more of a hassle.
Finland is (one of?) the only country using Euros that does not use the 1c and 2c coins. The smallest one is 5c.
I’d say people in UK and EU are very happy with lowest note being £€5, so yes!
The main reason I don’t even consider carrying cash (except for some small bills in my car for tips) is that I get coins. Why remove the useless coins and then add more coins? Cash would be way more approachable if it was mainly just bills and prices were nice and round. Upvote earned
As a European I’m jealous you guys have bills for 1 dollar.
We have 1 and 2 euro coins. Which is a horrible thing to carry around.
It makes your wallet huge and heavy.
Very bulky.
Having bills for 1 and 2 euro would be a blessing for my walley
Yawn they should just stop spending money on crap like the golden dome and take the 4cent hit
That inevitably happens I believe when your currency becomes less valuable. Happened in our country. Our 1, 5, 10, and 20 bank notes eventually became coin when you could buy less stuff with them
Sure, let’s load our wallets with coins, that sounds fun and comfortable
Just discontinue bills all together. I wanna carry a little leather coin pouch on my belt and flip coins at people like I’m at hogsmeade
Making it hail…
Quarter, not dime, and you’re on
In Australia the $1 and 2$ have been coins for years.
We do still have a five cent coin but the 1’s and 2’s have also been gone for years.
Sure…just disproportionately cripple the lower-middle class further when all prices are rounded up.
European here: I would fucking kill for a 1€ and 2€ note instead of the fucking coins. That being said, I work as a cashier and the only thing I’ve used cash for in the last 10 years is weed.
We, United States, have tried this dollar coin thing multiple times.
Changing the price would require you to deal with sales tax on a state by state level.
Japan is like this and I think it’s the better system.
As soon as someone gets a coin purse wallet like the Czechs do I will consider it
We have other stuff to worry about right now
Every couple of decades they try putting out a new dollar coin and nobody gives a shit. When was the last time you saw a Sacagawea dollar?
Do you have any idea how annoyingly heavy it is carrying around $20 in $1 coins?
Not really an unpopular opinion but ok
Why replace cheap to make paper money with expensive coins?
I support getting rid of pennies and nickels, but I think this also creates an awkward relationship of 5 dimes = 2 quarters, instead of a whole number of some coins being equal to one quarter.
We could fix this by having only 10 and 20¢ coins, only 12.5 and 25¢ coins, or just scrapping dimes too, and only having 20 or 25¢ coins.
Or I guess we could do nothing about it and the economy would continue to run as normal. I just don’t like it.
Who are “we”?
Imagine being stuck in Republican heaven for
eternity with all their holy folks.
Just make it digital at this point
Costs and pricing is already rounded.
A real price before rounding is some like
$2.78967333333333
$2.79 is what we pay.
The US also already has coin dollar amounts, they are just not widely circulated and commonly used for collecting.
More coins…you’re just karma farming cause no fucken way.
What is the currency? The US dollar? Canadian dollar? The last thing that I would ever want in, my life is to now have to carry around coins for 1,2,5. What a gigantic waste of money when we already have them printed too.
We?
$500 bills were in circulation until they were removed in 1969. $100 dollars has been the highest denomination since. $100 in 1969 is equivalent to $871 today. We need to add $200 and $500 bills back into the money supply. If you need another reason then look into the cost of used cars.
Good luck tipping strippers with coins
{Michael Scott “No!” meme}
I lived in London in the 80s. Carrying around a pocket full of 1 pound coins at all times SUCKED. Just a constant annoyance.
i quite like the £1 and £2 coins we have in the uk. the two things that get me about usian money are the quarters (why on earth do you have a coin for twenty five cents?) and how hard it is to tell the notes apart at a glance.
oh, also, that you have weird names for them.
and that your notes are made of paper.
and that you still use cheques.
actually i have a bit of a laundry list here. point is i like £1 and £2 coins.
This creates a problem with the quarter.
Since there would be no price that goes out two places what would the value of a quarter be? 20¢? Then would two quarters be worth 40¢ or 50¢?
This would cause exchange problems. I could not give a bank teller 7 dimes and ask for 3 quarters, and this fact proves that the 5¢ would indeed matter.
Been in Europe for a couple weeks and unlike the $1 and $2 coins, but a $5 coin would be annoying. Agreed on Pennie’s and nickels
Been in Europe for a couple weeks and unlike the $1 and $2 coins, but a $5 coin would be annoying. Agreed on Pennie’s and nickels
Norway did this, we had “øre” and full NOK coins, 1, 5, 10 and 20. The next was 50NOK in paper.
But we used to have øre, which are 1/100 of a full crown
Like Canada?
So when they have to give you back 7 cents you just lose that? Then repeat for hundreds of transactions a year and you’re out like a dozen dollars. May not seem like much but that’s a meal.
As for physical coils for all the dollar amounts? Absolutely not my purse has enough in it, I don’t need more coins, no one actually wants this.
How would you make change for a quarter? You’d have to ditch the dime too.
As a Canadian that has had the $1 and $2 coin for 30 years I am not sure what people are worried about. I don’t walk around with coins bursting out of my pocket. We are used to them so we spend them when we have them.
One $2 coin replaces 8 quarters and we got rid of the penny years ago, so I usually have less coins than I used to.
We need to do a 10x shift to the dollar. Retool the currency using the same system as now, but the new dollar is worth 10x as much.
It would be the equivalent to returning inflation back to 1966.
Nah. I like carrying multiple paper 5’s, and I’d hate carrying $5 coins. I just wouldn’t do it. I’ll keep the paper thanks.
Now regarding getting rid of the penny and nickel? That’s fine with me.
If we’re getting rid of the nickel and cent, with the dime as the smallest denomination, then the quarter should be replaced with a 20¢ coin and we get rid of the 100^th place altogether.
oh just get rid of the nickel and penny
Switching to coins for the 1 and 2 dollar will save the government millions in the long run, because they’re way more durable.
As an American, everything costs more than $5 anyway. Get rid of coins and 1 & 2 dollar bills altogether.
This is so dumb I am wondering if it’s karma farming
I agree, these days a dollar isn’t worth shite (sorry).
I am european, but I would be bothered with 1 euro in paper money. In the EU we got rid of 1 and 2 cents a few years back, lowest is now five, there I don’t completely agree with you because it ofcourse raised prices, I am on the edge about that one…
I’m Canadian. I’ve often said that to go along with our $1 coins, loonies, and $2 coins, toonies, we should replace the $5 bill with a coin that has a raccoon on it and call it the racoonie
Ah yes, back to the days of old.
Cash will die by itself.
In canada we havent had a penny for almost 15 years. Our $1 and $2 have been coins since the 90’s. This works fine. The nickel could probably go, but there is no need for a $5 coin yet.
While you’re at it, US money needs a 50c coin, I was amazed when touring the US that it doesn’t exist
Penny is already discontinued. Replacing 2 of the most common currencies with something heavier and more inconvenient to keep track of is stupid
I’d rather just discontinue all coins entirely. Everything should be a round dollar figure.