Be careful with your enthusiasm for eradication of the penny. It starts with the penny. It ends with physical cash being replaced with (((CBDC))). Don't play into their trap. Instead loudly demand the reinstatement of silver certificates expose the fact that the jewSA is bankrupt of precious metals by jew theft.
Save the penny. It's our defense against (((FECcoin))).
This. Cashless is (((their))) ultimate goal
Good point
What you mistake for enthusiasm is more akin to indifference. Yes it is a step on a slippery slope towards digital currency, but it's hard to support it's continued existence given it's high production costs, declining utility and eroding value. Simply acknowledging the realities of the situation.
It's been a couple years, but there was once a long discussion here about what a pain in the ass getting stuck behind boomers in a checkout line was when they paid with a personal check or broke out their coin purses. Emphasis was on avoiding prolonged contact with the public, because they had to limit their exposure to stupidity. Then in another discussion a day or so later those same people were espousing the benefits of community, yet they wanted no part of the human interaction it requires. Irony.
I obtained my first debit card circa 2017 - late to the game. Still pay cash at almost all of the local businesses I frequent. Point being, I actively support and use cash. I even argued/whined my way into a cash transaction at a national monument last summer even though they had a sign saying electronic payments only. I'd venture few other faggots on this site put their pennies where their mouths are to this degree - so to speak.
So be careful not to paint so wide a swath with that brush!
I was addressing Poal in general, as I often do, so I did not include your username to address you directly. Anyway..
The cost of the penny versus its utility is a poor argument when the government wastes so much more money on completely intangible things every day. A penny has a cost associated with it, but it is also a tangible good that can last a long time. An endowment for some shitty (((art))) or a grant for a study to determine if it is hotter outside when the sun is shining versus at night when the sun isn't shining, well you can see the problem here. If we redirect that wasted money to making peenies instead, we'd have our peenies well covered. The argument is a strawman used to push for removal of coinage and eventually physical currency.
I do not look forward to the notion of free money to (((corporations))) by having the nickel become our smallest denomination of money. That would result in a one to four cent price rise in most everything we buy. Prices would round up to the nearest 5 cent mark rather than down because fuck the greedy jews. It will only get worse if we get rid of other coins as well. Four cents over thousands of transactions is not an insignificant amount of money. We don't need more going out than we already have. The penny needs to stay to keep that in check.
If we give up the penny, we can never get it back. I'd rather not lose the option even if some people think it serves no purpose. The penny is a coal mine canary and we need it to stick around to know when we're being taken to the (((economic future))). The penny is valuable beyond its face value.
This is a good point. Some EU "states" have been working on making sure everything is "digital".
However, You must acknowledge that even over a decade ago only ONE out of something like 10 US dollars was physical. The rest are just numbers in the machine.
We already have a digital currency, you just have not noticed yet and it's harder for them to "take it" from you since you can get physical notes for it still.
We already have a digital currency, you just have not noticed yet and it's harder for them to "take it" from you since you can get physical notes for it still.
We've had digital currency since computers entered the banking industry. Computers combined with fractional reserve banking made most money (((virtual))) in the banking sphere. It took debit cards to come around to introduce this to the common people. Now we're nearly entirely digital in our money transactions, but physical cash is still available to facilitate private transactions. We will lose that soon enough though. This is part of why I have never once trusted (((crypto))).