• grue@lemmy.world
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    2 年前

    We should’ve discontinued the dollar bill so that these coins would get used in the US, too.

    • hightrix@lemmy.world
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      2 年前

      I disagree. I hate carrying any coins, while dollars of any denomination fit nicely in my wallet.

      I have a hunch that if we were to swap to these instead of paper dollars for $1, prices would go up simply because retailers would you d everything up to the nearest $5 increment.

      • bane_killgrind@lemmy.ml
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        2 年前

        Canadian here, between electronic payments and coins being more durable than paper or polymer money, retailers don’t have any incentive to charge a less competitive price.

      • AscendantSquid@lemm.ee
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        2 年前

        Isn’t the wallet thing kinda backwards though? Like, it’s not as if we all had wallets perfectly sized to carry this kind of paper money before the paper dollar was introduced.

        I figure that if coins had been the predominant form of currency for at least the past century, we’d have a great way to carry coins other than a pouch, and paper money would be inconvenient.

      • Ada@lemmy.blahaj.zone
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        2 年前

        That didn’t happen in Australia when we replaced our $1 note with a $1 coin.

        But these days, it’s a non issue, because as a country, we basically don’t use cash at all

    • jonwyattphillips@lemmy.ml
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      2 年前

      I lived in Ecuador for a bit and it’s pretty terrible when you pay for a $5 item with a twenty dollar bill and the cashier hands you back fifteen of these coins, which has happened to me on multiple occasions.

    • derf82@lemmy.world
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      2 年前

      This has been studied. The US uses a higher quality paper that lasts an average of 7 years. So it is actually cheaper than minting coins. In other countries that switched to coins, singles only lasted a year or two.

      There is nothing stopping people from using coins now. People just don’t like them.

      • KevonLooney@lemm.ee
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        2 年前

        They’re also heavy in your pocket and don’t fit in a standard cashier’s drawer. There aren’t enough slots.

        The real good idea would be getting rid of pennies and nickels. Those are only useful for giving stores a few extra cents in profit. They set prices at $4.99 instead of $5 so you buy more. Without pennies, they’d have to set the price at $4.90 and lose 9 cents.

        • derf82@lemmy.world
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          2 年前

          Yeah, the US once has a half penny. Adjusted for inflation, it is worth more than a nickel is today when it was eliminated.

          But I don’t think that will give us a 9 cent discount.