Removing The $100 From Circulation - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 10 / Views: 999
jbuck Moderator United States 187840 Posts	Posted 10/10/2024 1:12 pm Some fuel for the cashless fire. Removing the $100 From Circulation Keep it civil. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff

redlock Pillar of the Community Germany 992 Posts	Posted 10/10/2024 1:25 pm Ah, nothing new there. The usual anti-cash lobbyists raising their heads and voices. Edited by redlock 10/10/2024 1:26 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/10/2024 3:03 pm The C-notes are certainly popular in the underground economies I frequent. Report this Post to the Staff
jbuck Moderator United States 187840 Posts	Posted 10/10/2024 3:40 pm Quote: The C-notes are certainly popular in the underground economies I frequent. I always knew you were a gangster. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 10/10/2024 4:44 pm Drug dealers and the heavy hitter money laundering gang have no real need for $100 bills . There are much better ways to hide money or store it . Same lame excuse they got rid of $1000 dollar notes . Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/10/2024 5:09 pm I'm not a gangster. But we all understand when paying in cash is beneficial. Report this Post to the Staff
Marv65 Bedrock of the Community United States 10491 Posts	Posted 10/10/2024 5:28 pm Last time I went to McDonalds I was told by the cashier that they don't accept $100 bills anymore. Wonder how many other places are phasing out the 100? Report this Post to the Staff
CoolBreeze Valued Member United States 152 Posts	Posted 10/10/2024 5:37 pm Quote: Some fuel for the cashless fire. Having something tangible makes you aware of your spending. When you remove that people overspend and get themselves in debt. People with credit cards have larger amounts of debt. People who switched from credit cards to cash tend to have less debt. I'm not saying do away with credit cards, but cash spending can result in more responsible purchasing. Report this Post to the Staff
jbuck Moderator United States 187840 Posts	Posted 10/11/2024 09:22 am Quote: I'm not a gangster. Are you sure? I am just ribbing you a bit! Quote: But we all understand when paying in cash is beneficial. This is true. Cash usage here saw a huge uptick during the Helene aftermath. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
jbuck Moderator United States 187840 Posts	Posted 10/11/2024 09:34 am Quote: Last time I went to McDonalds I was told by the cashier that they don't accept $100 bills anymore. The last time I found myself with a $100 note—probably several years ago now—no one would take it! I had to go deposit it at my credit union. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
jbuck Moderator United States 187840 Posts	Posted 10/11/2024 09:42 am Quote: Having something tangible makes you aware of your spending. For some people, yes. Not me though. I am a spreadsheet junkie! Quote: When you remove that people overspend and get themselves in debt. Not those of us who are responsible for our actions and know how to maintain a digital budget. Quote: People with credit cards have larger amounts of debt. Not me. I pay my card every month. My house and car are paid off, too. Quote: People who switched from credit cards to cash tend to have less debt. Perhaps, but I can neither confirm or deny that from my experiences. Quote: I'm not saying do away with credit cards, but cash spending can result in more responsible purchasing. I am certain there are people who would benefit, but it feels like that is the wrong cure for their disease. There are many digital tools to help control spending, if people are willing to use them. And they will have to in a generation or two from now because cash will be gone by then. Enjoy it while we live, because when we are dead, cash will not be far behind. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 10 / Views: 999

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Paper Money and Banknotes

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.39 seconds to rattle this change.