Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Is it time for the US to ditch the dollar bill?

coondoggie (973519) writes | about a year ago

Government 5

coondoggie writes "It seems well past time that the US ditch its $1 bill, considering such a move could save the country somewhere in the neighborhood of $4 billion. But there is much resistance or perhaps a lack of real consideration of the issue from most people. Watchdogs at the Government Accountability Office this week testified before a Congressional hearing on the topic said dollar coins could save $4.4 billion over 30 years, or an average of about $146 million per year."
Link to Original Source

Sorry! There are no comments related to the filter you selected.

Dollar coins rock! (1)

skade88 (1750548) | about a year ago | (#42142603)

I love dollar coins. I say bring em on. They look nice and they wont be rejected by the candy machine in my office after my money accidently gets washed with my jeans...

Re:Dollar coins rock! (1)

Stickybombs (1805046) | about a year ago | (#42143301)

I'm the opposite. I hate carrying around coins. I would rather have a small stack of bills in my wallet than a pocketful of coins, since I have to have the wallet anyway for license, credit card, etc.

Re:Dollar coins rock! (1)

skade88 (1750548) | about a year ago | (#42143357)

How much would we save if we just made all money digital?

Canada leads the way (1)

Capt.DrumkenBum (1173011) | about a year ago | (#42144761)

Canada has had a dollar coin for many years. I thought when it was brought out that no one would use it, I for one hated it at first. But the banks were instructed to remove the bills from circulation, and very quickly I, and everyone else, got used to the coins.
Now I like the dollar coin. It is kind of nice to be able to reach into your pocket and pay for lunch with coins. Also handy for paying for parking.

Re:Canada leads the way (1)

naught101 (1072288) | about 2 years ago | (#42152075)

Australia has had $1 and $2 coins for decades. We have even had special-edition $5 coins. Small notes are a waste of time.
Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?