We should get rid of the Nickle as well.
It also costs 3x it's face value to produce, and is also effectively worthless. Many other countries have 10c or 20c as their smallest denomination.
It also costs 3x it's face value to produce, and is also effectively worthless. Many other countries have 10c or 20c as their smallest denomination.
The reformulated penny didn't take too long to be accepted. A new nickel would probably be accepted well too.
Part of the problem is with how vending machines detect valid currency
Story about when the dollar coin was updated https://www.oklahoman.com/story/news/2000/06/13/vending-chan...
Pennies aren't accepted by vending machines generally.
A shocking amount of "political" thinking in the us that I've been involved with STARTS with "we're the best at everything" and then explores things to do from there
We collectively have this fragile ego that would rather feel tough and "self made" rather than admit any kind of deficit compared to others, even at the expense of our own growth. It reminds me of a ceo I used to work for that I flippantly described as happier to feel like a big fish in a small pond than to put his ego to the side in exchange for the ability to improve and expand the business.