Dollar Coin Alliance Lobbyist Says: "It Will Happen"

I have never had a credit card.
The result is I only pay in cash.
I have saved squillions by forcing myself to budget.

One dollar note?
Australia originally did not have One Dollar coins, only One Dollar notes.
That all changed over the year of 1984.
They simply stopped printing One Dollar notes, and made One Dollar coins freely available.

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Some ten years after they stopped printing the One Dollar notes, I gave a few of them to my kids to spend. The checkout chicks did not recognise them, and refused to accept them, despite the fact that they remain legal tender.
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Why on Earth would the authorities allow themselves to be politically influenced enough by such a minor issue is beyond me,
and to continue the issue of BOTH the coins AND the notes.

The One dollar coin is not only cheaper to issue in the medium and long term, it is also much more convenient to use.
The lifespan of a dollar note is perhaps six months, the lifespan of a dollar coin is 30 plus years.

@sel_69l

actually, many people, including the U.S. Mint and the Dollar Coin Alliance are extremely underestimating the life of a dollar coin. I have seen coins in circulation, over 50 years old, such as nickels, and wheat cents, and they still look like they've got a good ten years of circulation life on them. In fact, I have seen nickels from the early 1940's (not silver War Nickels, obviously, although my 7 Eleven clerk friend has ran across a few in rolls) so a 1940 nickel, which I have ran into before, is about 75 years old. That's nearly a century old, three quarters of the way there! Imagine a $1 coin that lasted at least 50 years, a half a century. We should see some kind of savings from that, I would imagine. And we should see even more savings with a $2 coin, meaning less $1 coins minted, and less stress one the $1 coins in circulation.

Changing the common lowest note from $1 to $2 makes sense in its own right, even if Dollar coin circulation doesn't increase as a result.

I use Dollar coins frequently (car wash, vending machines, self-checkouts, parking meters), and people might eventually figure out these two things:
1. A Dollar coin weighs 8 grams and four Quarters weigh 22 grams.
2. One coin takes less time to put in a slot than four.

For the naysayers:
Eight Quarters in the car wash, or two Dollar coins: No contest!
Credit card users have to pay mininum $3 or $4 to start the car wash, coin users can start it with $1 or less.
Vending machines/self-checkouts: No "worn Dollar note in-and-out"
Numerous areas in Denver still use parking meters that take Dollar coins, but not credit cards. I'm probably getting some good parking spaces just because I have cash, and the "card-only" people don't want to risk getting a ticket...



I got a 1939 (P) Nickel in my change yesterday, and a 1935-D LWC today.
Many early Nickels, 1960's LMC's and 1965-1980's clad coins are still in circulation, and have plenty of life left.

O, I know you've said that many times.... In fact that's about all I ever hear you talk about, lol. I totally understand your personally bored with what we have now, and would love a whole bunch of changes, But the simple fact is that the majority of the country doesn't feel the same. Sure, I'd wouldn't mind seeing something new.... But again, it's not going to happen anytime remotely soon. Heck, the cent will go long before the Dollar bills replaced by a coin and a $2 bill and and even the cent won't be too soon..

And as far as what the. "Dollar coin alliance" said.... Well of corse they said that, that's what they're all about and pushing hard for it, but I believe they're more speaking in hopes and dreams of what they think will happen.... When in reality I think they were just spouting pipe dreams with a glimmer of hope. Seriously, I don't know all that much about the dollar coin alliance, but what authority do they have to make changes? They're going to push, and push hard for it.... But ultimately they're going to be telling you the same thing next year, and the year after, and the year after.

And I'll be more than happy to eat crow if it happens when they say.... But it won't.

There's just so much that they would need to change... Aside of vending/self pay machines.... For one of many many examples, US text books use coins and bills to teach math skills amongst other stuff, and they're sure not going to rewrite each and every text book citing now obsolete coins/bills as showing and teaching with the "old system" would confuse youngsters even more... So again... It's not gonna happen.

And as I've mentioned before, I hate using plastic... But sooner than later, and quite possibly before they change the monitory system we WILL use a plastic system, then the government will be able to tax each and every private sale from cars to a one dollar vase at a tag sale. And yes... Everyone can swipe a credit/ debit card on they're phone, and even if they don't want to they'll have to... The ONLY things remotely requiring cash will be illegal deals (drugs etc) and they'll work out something to get around it faster than you can blink... Hell, they'll probably be ahead of the game, lol. Seriously.... I'd bet this happens before they change our money...

Cashless wont come until many things happen:

1. There is telecommunications provided to EVERY many woman and child in order to do transactions that the government owns and provides to secure them. This means no more Comcast, TWC, Rogers, etc. This isn't happening for a VERY long time because monopolies still exist and are getting government backing

2. Every person will be issued a device and "card" or some sort to make these transactions like they are given SSCs now. Also very far off from happening.

3. free energy to run these things and services so people can use "money" wherever and whenever they need to.

Remember that only the government can make coins, they make bills also, but individual states or counties have laws that allow them to make bills also. So if they shut down the Mint and BEP, it doesn't mean cash goes away it just means states start making their own, like some places currently already do make their own bills that are not FRNs. Like in olden times these bills are only good at certain places in certain regions where they were minted, called local currencies. (see BerkShares)

Although I completely agree, it's coming sooner or later...a cell phone is a special device. Unless free to the public "Obama phones" get an Android upgrade & the whole nation is "on the grid"...this is a long ways away.

A cashless society is coming, and it will be world wide. Just a matter of time. I can't even begin to speculate how long before this happens. Just my personal belief.

Funny. I have zero problem using my Droid Maxx running version 4.4.4.