Prices of things are becoming absolutely insane. $800+ rent, $30,000 cars, $10 sub sandwiches, etc. It would be nice to do a 3/1 split and cut everything by 2/3. Then we would have $266 rent, $10,000 cars, and $3.33 sub sandwiches. Wages, debts, everything would drop to 1/3 what they are now. It would also make coins useful again since a vending machine soda would be 2 quarters again.
I don’t really see a point in doing that. I dislike coins.
I dislike coins too, but mostly because a dollar is the smallest useful denomination and anything below is rounding. In a 1900 era world where you could buy something material for a nickel or dime, it was worthwhile to use those coins.
In the Eurozone, you have 1 and 2 Euro coins, which are super useful all the time for small purchases. I’d really love to see them here too.
But why do you dislike them? Because in this event a coin would actually be worth using, where now it’s just an annoyance.
Does anybody like decimals? Even if you add more worth it’s more math.
That’s true. Have a look at Bitcoin where they are sending satoshis around (0.00000001).
I kind of like how the Yen is denominated: all prices are integers. It would be roughly equivalent to pricing everything in cents, but at least there’d be no decimals.
They take up space in my pocket. Bills stack much more nicely than coins.
I think we should eliminate all coins except the quarter, which has value for laundry machines, vending machines, and flipping to decide things. Just round everything to the nearest quarter and I’d probably actually use cash sometimes.