- #1
Thread Owner
I see where the Department of Government Efficiency (DOGE) is looking to eliminate the penny. It costs roughly 3 cents to make a 1 cent coin. Zinc costs have risen, just like everything else.
This could be a step toward eliminating cash & coins. With strictly electronic payment transactions the problem can be solved. The alternate recourse would be a “rounding system”: 13, 23, 33, etc cents pay 2 cents more (15,25,35,etc.) lesser amounts would round down (-2 cents).
I’d guess the electronic solution would have more gvt support.
This could be a step toward eliminating cash & coins. With strictly electronic payment transactions the problem can be solved. The alternate recourse would be a “rounding system”: 13, 23, 33, etc cents pay 2 cents more (15,25,35,etc.) lesser amounts would round down (-2 cents).
I’d guess the electronic solution would have more gvt support.
