Stop making cents: US Mint moves forward with plans to kill the penny

Great title

The one good executive order to come out of that bag of puss

We should also kill the nickel and paper dollar at this point.

Good, we should have done this 20 years ago.

I'm all for it. Real talk though: at what point do we consider re-basing the dollar? I get that we're nowhere near that now, but I'm guessing it's at the "kill the $1 bill" mark?

US slowly working its way to a Japan style monetary system where the fractional unit ceases to be used as the buying power of the main unit dwindles.

Did you know Japan had a coin called 'sen' which was 1/100 of a yen? They aren't made anymore. They'd be near useless if they were because a cup of ramen is ~¥200, or 20000 sen. Although, it would be pretty funny in a show to see some ancient Japanese guy paying for his lunch with his sen collection while some uptight salaryman loses his mind in line behind him.

It’s really not a big deal. Canada did this ages ago and the world didn’t explode.

So is this one of those things where Americans do the common sense thing and agree?

Or is this the another classic case of a few very loud and emotional Americans screaming with passion and zero logic?

Or is it one of those situations where everything seems to go smoothly. And then you figure out that they didn't add the correct rounding regulations, so you'll be paying a little extra on every single transaction the store puts at .96?

Canada got rid of the penny 12 years ago. Hardly raised an eyebrow.

Kill the nickel and dime while we're at it.

https://youtu.be/58SrtQNt4YE

frankly they might aswell cut the 5 cent piece too while theyre at it.

It's going to be harder to ask people what they're thinking 🤔

Cool. Do the dollar bill next. Go buck and doublebuck coin like Canadia did.

If I can't buy a gallon of milk or gasoline with it, it should be a coin.

This is the slow banning of cash.

Step 1: Eliminate penny

Step 2: Some stores stop accepting cash because of rounding

Step 3: Second wave of other stores join

Step 4: Fewer people carry cash as a result

Step 5: Cash Becomes More Difficult to Withdraw From Banks since less cash on hand means they need justification for any withdrawal over 500 in a day

Step 6: Wait 3 Years, but strengthen ID requirements while implementing behind the scenes biometric collection and AI identification for the purposes of "catching illegal immigrants"

During step 6, conservative Christians, normally fearful of the Antichrist and a universal mark for being able to be a part of society, accept this development because MAGA good, immigrants bad

Step 7: Regime change. The lower classes, upon having the little wealth they have and labor stolen even more, with increases in poverty and death, realize they have been screwed and elect pro-regulation big-government Democrats to save them.

The democrats ban privacy coins in a new comprehensive crypto bill. There is little protest.

Step 8: American New Deal. In an effort to "save America," Democrats pass a bill with a huge amount of spending for the poor, as well as expansive banking regulations to ensure banks are "safe." The public safety means more than 100 can't be withdrawn in a day.

Step 9: 3 years pass, almost no one uses cash. The destruction caused by Trump's actions and the changes caused by AI lead Democrats to enact UBI for all, a card with 800 a month for everyone. Each person gets a card. Additionally, all financial transactions must be linked to the card, and cash is banned. Rural maggats, many reeling from greater poverty, are happy to get UBI.

Step 10: AntiChrist arrives, wowing all before killing nearly everyone. Cashless MAGA Christians are impressed... Before they all are killed.

Yep... It's just a penny. Nothing to worry about folks!

So this is what it's like to fully embrace the death of the USD?

Just have a $1 coin that can snap into 10 pieces like a chocolate bar. And a $100 note that tears into 10 pieces like a book if stamps.

Better late than never. While the momentum is here, get rid of the nickel too.

Guarantee Walmart starts pricing things at $xx.96 and milking $0.04 on every transaction.

So what happens when someone pays cash at the supermarket? Who rounds up?

Oddly reminiscent of the Roman empire.

They should keep pennies and put Trump's face on them so I can throw them in the trash

I guess this is a good thing, but I can imagine some companies taking advantage of this

nice, we need to kill our fucking euro cents too!!!

I heard a rumour that if everyone just gather around politicians and keep throwing pennies at them, the corruption in the government will be gone.

I mean like... dump an entire box of pennies from a skyscraper onto a politican down below FOR SCIENCE 😏

Don’t nickels cost like 14 cents each, and won’t we need a lot more of them?

I mean... it's been a while since I've even seen one