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Author	Replies: 8 / Views: 2,040
lyradnoj Pillar of the Community Canada 548 Posts	Posted 04/30/2013 4:53 pm According to this article, if RCM has its way, we'll soon be doing without coins entirely. http://www.thestar.com/business/per...e_works.html Report this Post to the Staff

Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 04/30/2013 7:47 pm I hope the mint doesn't replace coins. And if they do they should say the date so coin collectors can gather plenty of coins. Getting rid of the penny was bad enough. Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 04/30/2013 8:25 pm It's not always about the date. It's about varieties. If this goes through I may just stop buying items that are under $10 altogether and concentrate my efforts at the price club. Exactly what would they be minting anyways? More NCLT junk? Those are shiny discs/cylinders, not coins. Besides, aren't there transactions you'd rather keep private? Like toiletries and junk food? Report this Post to the Staff
allspice Pillar of the Community Canada 746 Posts	Posted 04/30/2013 10:46 pm Bitcoins, Mintchips, google glasses; what next? Microwaves which allow you to cook, text message and make payments at the same time? Just another step toward a cashless society. Even our paper money is plastic. Won't be long before a chip is inserted in our plastic cash for security reasons. How many tracking devices do we need? Seriously...? But coins will always be legal tender, so it has to be accepted as such. People like convenience, so they will accept whatever toys are tossed at them. Sad, actually... Report this Post to the Staff
allspice Pillar of the Community Canada 746 Posts	Posted 04/30/2013 11:18 pm Found a video of the Unboxing of the Mintchip: S8UTRcnN4Rc#! Report this Post to the Staff
Blue-M New Member United States 33 Posts	Posted 05/02/2013 08:44 am It sounds similar to hong kong's octopus card. Still there will have to be coins available for foreigners visiting the country. You cant expect all foreign visitors to stop and get a card like that. Report this Post to the Staff
Sébastien New Member Canada 41 Posts	Posted 05/02/2013 11:53 am But, what's the point of that "mintchip" ? I would rather use my credit or debit card. Report this Post to the Staff
Ravenzcoin Valued Member Canada 300 Posts	Posted 05/04/2013 10:53 pm Was expecting an April 1st date on the article, but it says May 4th. Report this Post to the Staff
Anjohl Pillar of the Community Canada 815 Posts	Posted 05/05/2013 01:19 am NO thank you. Unless the government passes the savings 100% to individual taxpayers (they won't), I am not on board with a digital currency, especially not a proprietary one from the mint. Bit Coin made a lot of sense, the recent pump and dump notwithstanding. Report this Post to the Staff
	Replies: 8 / Views: 2,040

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