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US aims to relaunch dollar coin

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  • #31
    Many stores no longer require a signature for low dollar value stuff. It's a new thing here. Last year or two.

    E.g., Starbucks, Caribou Coffee, and Chipotle no longer require a signature.
    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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    • #32
      Originally posted by DanS
      The bottom line is that credit cards have at least one less step (the PIN number stuff), so are better.

      Plus you have no recourse if someone hacks your PIN. With credit card companies you can always contest fraudulent charges much easier than with debit rip off cards.
      "Just puttin on the foil" - Jeff Hanson

      “In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy Carter

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      • #33
        Originally posted by Ogie Oglethorpe



        Plus you have no recourse if someone hacks your PIN. With credit card companies you can always contest fraudulent charges much easier than with debit rip off cards.
        I've heard that before, but I don't quite believe it. I've had several random charges over the years to my debit account, and a quick call to the bank has had them reversed right away every time. Maybe its more difficult in the US, or maybe it depends on your bank. Scotiabank has been pretty good to me.

        DanS: I've seen the commercials for those. Thats really the answer, a single swipe and thats it. Then it wouldn't matter if it was credit or debit.

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        • #34
          I think that the credit card protections were written into law in the US, while the debit card protections were not, or at least the provisions were not the same.
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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          • #35
            I prefer paying cash (except for really big items).
            There's less chance of identity theft, and there's no paper trail.

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            • #36
              Originally posted by Oerdin
              Coins are cheaper then bills and last longer. That's why they want to switch to coins.
              According to an AP story that moved Sunday, the U.S. Mint estimated it would save $500 million per year switching from dollar bills to dollar coins.

              Gatekeeper
              "I may not agree with what you have to say, but I'll die defending your right to say it." — Voltaire

              "Wheresoever you go, go with all your heart." — Confucius

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              • #37
                This is about double scale on a 17" 1024 display:



                Originally posted by SlowwHand
                If it was a coin distinctly different than a quarter, that would be fine.

                Give me those big honking half dollars.

                They could've saved much trouble just by continuing to issue half dollars and Eisenhower dollars. The SBA was a mistake because it is too close to the quarter in size and appearance. I guess they wanted to avoid making it too close to the half dollar, but why? There never were that many in circulation compared to quarters.

                "Traditional" coins (now Ni-clad Cu) are proportional to the dollar at 22.68g. The half dollar is 11.34g, and the quarter is 5.67g. The old SBA dollar, recent Sacagawea dollar, and new Presidentials are 8.1g, almost halfway between.

                The newer dollars are brassy-gold in color and have unreeded edges. This makes them visually and tactilely distinct. They're OK. I wouldn't even mind replacing the paper dollar with them.
                (\__/) Save a bunny, eat more Smurf!
                (='.'=) Sponsored by the National Smurfmeat Council
                (")_(") Smurf, the original blue meat! © 1999, patent pending, ® and ™ (except that "Smurf" bit)

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                • #38
                  Originally posted by DinoDoc
                  HEY!!!!
                  We all know that if the add/subract function died in your cash register you'd be without a paddle.
                  Today, you are the waves of the Pacific, pushing ever eastward. You are the sequoias rising from the Sierra Nevada, defiant and enduring.

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                  • #39
                    The register actualy dose the adding and subtracting for you, its an inability the cashier to COUNT money that the root of most of your angst.
                    Companions the creator seeks, not corpses, not herds and believers. Fellow creators, the creator seeks - those who write new values on new tablets. Companions the creator seeks, and fellow harvesters; for everything about him is ripe for the harvest. - Thus spoke Zarathustra, Fredrick Nietzsche

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                    • #40
                      Because they don't start at the low end of coinage.
                      Life is not measured by the number of breaths you take, but by the moments that take your breath away.
                      "Hating America is something best left to Mobius. He is an expert Yank hater.
                      He also hates Texans and Australians, he does diversify." ~ Braindead

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                      • #41
                        They should put george bush on it.


                        American loonies.
                        Rethink Refuse Reduce Reuse

                        Do It Ourselves

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                        • #42
                          Originally posted by Wezil
                          There is nothing better than being behind several people paying by debit.
                          I can do a credit card transaction just as fast as paying cash (and getting change).

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                          • #43
                            Originally posted by Zkribbler
                            I prefer paying cash (except for really big items).
                            There's less chance of identity theft, and there's no paper trail.
                            As long as there are hookers and pr0n, there will be demand for hard currency...
                            1011 1100
                            Pyrebound--a free online serial fantasy novel

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                            • #44
                              There's an easy way to get americans to switch to $1 coins.

                              Do not print any more $1 bills.

                              Am I a genius or what?

                              But this would have an impact on my job. Relativly minor. But sometimes I still go into neighborhoods where people think $1 is a lot of money.

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                              • #45
                                Originally posted by Gatekeeper
                                According to an AP story that moved Sunday, the U.S. Mint estimated it would save $500 million per year switching from dollar bills to dollar coins.
                                Yes, but they'll still have to spend that much to have their new coins removed by their friendly neighborhood protologist!

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