Americans Throw Away Up To $68 Million In Coins A Year, Here Is Where It All Ends Up.

Ummm....what if you don't own a card of any type?

Why does everyone assume that everyone uses plastic? It's the demise of society when you can't pay cash! I use cash for 90+% if my purchases.

Good read, thanks!

I hope I'm long dead when we are forced to go to "Multi-Pass" (Fifth Element) of a chip embedded into my arm counting my value in life years (In Time - Justin Timberlake movie) means of payment.
I just hope that my Red Barchetta is safely housed on my Farm in the countryside on the other side of the one lane bridge by then.

Nope. Cash being legal tender is for debt. You do not have debt when you go shopping unless you try to walk about the door without paying.


The same thing that happened to gas-lamp lighters, street poop cleaners, etc. They get new jobs.


It will happen, but likely long after we are dead (or at least no longer able to go out and do stuff). The youngsters hate cash. Kids cringe when you try to give them cash with their birthday cards. They want gift cards... Steam, X-box, Apple, or whatever will work online.

My thinking is that gen-X, boomers, and older millennials still generate enough demand for cash. As we age out or otherwise die, the demand for cash will drop. Once it gets below some threshold, the government can just say "no more cash." There will be little resistance to stop it; let alone encourage & support a free market alternative (Liberty dollars, gold backs, and other private tokens).

I know I am not helping the situation, since my use of cash has approached zero.

My son works at the local trash recycling center. They still hand sort. He finds a lot of coins and silver. Automated system scheduled to be in use in 2026.