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 Replies: 46 / Views: 6,473 |
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Pillar of the Community
United States
1231 Posts |
Alot of laundry mats have gone to plastic cards that you recharge with money. Alot don't even take coins anymore
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Rest in Peace
United States
9104 Posts |
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The devil's advocate: Why can't we have just purely electronic monetary transactions? Biggest reason is the huge number of people who can't do 2nd grade math. I'm amazed at the number of people who don't have checking accounts because they keep overdrawing them. Most of them don't have debit cards (no checking account) or credit cards (not creditworthy, because they make bad money decisions). They can either deal in cash until it runs out, or pay to get a debit card to use their own money. And of course, if they get a check, lots of places will be happy to charge them a lot more money to cash them than if they had a checking account. |
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Valued Member
273 Posts |
Americans have already voted. They prefer the paper dollars over those heavy jangly dollar coins. A factor I have not heard mentioned is the demographics of cash, and where we are headed as a culture. I live in an area of the country that is over 50% of the Hispanic culture. When I go to the grocery store, I see a steep cultural divide between who is reaching for the "plastic" in their wallet vs. those peeling off $50's and $20's.
The one dollar bill almost always ends up as part of these transactions.
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Rest in Peace
United States
9104 Posts |
People "prefer" what is handed them. Thursday, I had a lady thank me so much it was almost embarrasing. CPR on her pit bull? No, I gave her three brass bucks.
A friend of mine got 200 twos the other day. Had to wait 15 minutes for the timed vault.
If everyone who wanted tens was made to wait 15 minutes, how soon would it be until they just quit asking and took fives instead?
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Valued Member
United States
320 Posts |
I sometimes buy a roll or two of dollars, look through them and then that's my miscellaneous spending $ for a bit. Need a tip for the pizza guy? He gets dollar coins. Want a bag of chips at work? Dollar coin there too. Hit Starbucks on the way to work? You get the idea. Most people are indifferent when presented one but I've never received one in change. When I worked retail many years ago I'd try to give them out and people would balk. Granted this was SBA's but people didn't expect it so it caused an issue. If people routinely received them in change, they'd be used to it and it wouldn't be an issue... but retail establishments don't want to give them as change because it takes more time to do so-- and time is money for most stores. So.. they never hit circulation unless asked for, and when a store gets one it goes back to the bank in that night's deposit. The only way to force this issue is indeed to remove the paper ones. When there is no choice, they will circulate. |
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Bedrock of the Community
United States
20753 Posts |
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That was a lame excuse with sbas, it's even lamer today. A blind kid can tell the difference between a cent and a dime, which are far closer than a quarter and a BB. I'd be ashamed to admit I couldn't tell the difference, especially with the BB being a different color. I'll remember that the next time I attempt to see my eye doctor. Maybe those doctors are missing what you know about my eyes. And the many, many others with really bad or poor eyes or no sight at all. To be so critical of others physical problems you must really be the medical expert. Quote:
How is it your fault that their equipment is over 30 years out of date? Mass transit companies love BB. They can tell how many BB are in a box in 2 seconds flat, and confirm the count at 30 coins a second, 250 coins a second with new equipment. Since I take them every day, I guess the conductors I talk to need to talk to you. Why should they know what they are doing anyway. |
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Pillar of the Community
United States
1388 Posts |
As for vending machines, no one would have to beat the life *or insert expletive here* out of it because it wouldn't take that 1 mangled, ripped up old dollar  . |
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Rest in Peace
United States
9104 Posts |
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Maybe those doctors are missing what you know about my eyes. And the many, many others with really bad or poor eyes or no sight at all.
To be so critical of others physical problems you must really be the medical expert. I'm sorry if you feel picked upon. Vision is not needed to tell the difference between the two. |
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Rest in Peace
United States
9104 Posts |
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I sometimes buy a roll or two of dollars, look through them and then that's my miscellaneous spending $ for a bit. Need a tip for the pizza guy? He gets dollar coins. Want a bag of chips at work? Dollar coin there too. Hit Starbucks on the way to work? You get the idea. Clearly, you get the idea, but it's surprising how many BB supporters don't. Use BB the same as you would dollar bills. You would not give a cashier a band of 50 ones for a $3 purchase, and if you did, I would expect her to remove 3 and hand the rest back. You don't give the cashier a roll of BB for a $3 purchase, either, just three. The difference is between encouraging their use by example or trying to force the issue. Force will be met with resistance. |
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Moderator
 United States
188560 Posts |
I think biggfredd has provided a good answer to everything I would have since my last posting. That makes my job a lot easier; not having to continually beat that dead horse. |
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Valued Member
United States
95 Posts |
In the last two-plus years, I have almost exclusively used what I term "funny money" or "rogue currency"- namely, $2 notes, $1 coins (yes, even junk Ikes, regardless of their bulk price on ebay), and halves. I would estimate I've used rogue currency a full thousand times since I started, assuming slightly more than 1 transaction per day on average. I have a laundry list of stories of people that A) absolutely loved it, B) warned me that I was spending a 'rarity', C) were indifferent, or D) absolutely hated it. (One of my favorites was spending rolled halves at a grocery store. When the manager said they don't accept rolled coins, I simply broke the roll open. Problem solved (eventually...) |
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Pillar of the Community
United States
511 Posts |
The $1 coin supporters are forgetting something basic - eye appeal counts. The $1 bill is an attractive note, while the brass bucks look like second-rate arcade tokens. George Washington looks like Grandpa Munster on the $1 coin, while Van Buren's hair resembles Larry of the 3 Stooges.
Ugly doesn't sell or convince people. If you want to win this debate, give the public something that looks nice. By the way, I'm a big fan of the $2 bill.
Edited by 3stooges
03/22/2011 10:15 am
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Bedrock of the Community
United States
17884 Posts |
All of the coin mechanisms made since 1979 have been able to accept the dollar coins. Typically all that is needed to get them to accept them is to flip a little switch from "Accept dollars NO", to "Accept dollars YES". (What I don't understand is why they come from the factory set to refuse them.) In some cases the coin will not fit through the coin slot. In most cases this can be fixed by loosening a screw on the back plate and sliding it over to make the opening wide enough then tightening the screw.
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Bedrock of the Community
United States
20753 Posts |
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I'm sorry if you feel picked upon. Vision is not needed to tell the difference between the two.
I'll be glad to pass that on next week at my hospital. Please let me give your name and phone number to all those with poor or no eyes. Your great medical knowledge is way above theirs. I'm sure your vase medical information would be welcomed at my hospita. As to this dollar coin thing. It was already noted and I've mentioned this many times in the past. Soon enough all monitary types of coins and currency will fade away. Already the amount of times coins and/or bills is vanishing in many places. My Son does not carry any form of cash except a few coins for an emergency. Same with some of my neighbors. They now use credit/debit cards almost exclusively. Everywhere I go I see more and more people using plastic cards or checks. Used to be a pain in lines but now those cards are making it faster than cash. My Son really amazed me when he simply passed his card by a gas pump for gasoline. With all the intercontental trading being done, electronic money is the really only good solution to all the problems with how much is that in Italy or Russia or China. More amd more poeple in buisnesses almost want all plastic transactions for accountability. I am well aware that many places in the USA and in mamy countries it is presently not possible but it is coming eventually. Europes attempt at one type of money is only the start. Edited by just carl
03/22/2011 12:35 pm
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Rest in Peace
United States
9104 Posts |
We used strange change in the shop, since we opened in 1975. I would get reports back from 50+ miles away when customers would spend them, and the clerks would say "I see you've been to Bigg Fredd's!" Free advertising.
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Replies: 46 / Views: 6,473 |
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Posted 03/20/2011 5:59 pm
