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The last-ever penny will be minted today in Philadelphia

(www.cnn.com)
460 points andrewl | 3 comments | 12 Nov 25 16:10 UTC | HN request time: 0.011s | source
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Night_Thastus ◴[12 Nov 25 18:13 UTC] No.45903609[source]▶
I'd say screw it, get rid of nickles and dimes as well. Quarters can stay, for now.

It's a complete waste of money and time continuing to mint such low-value currency. It can't be used for just about anything.

Unfortunately, I do see the problem with part of this. For a handful of items where it does matter, it will force people to use cards more if they want to avoid rounding. And the card providers already have a choke-hold on retailers, and the whole thing is basically a scheme that funnels money from the poor to the wealthy via interest and fees on the consumer, interchange fees, and rewards programs.

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datadrivenangel ◴[12 Nov 25 18:16 UTC] No.45903659[source]▶
But add a $3.50 coin so that we can strongly incentivize coffee to stay below a certain price.
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binarymax ◴[12 Nov 25 18:29 UTC] No.45903901[source]▶
My local just went from $3.50 to $4 this week :(
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sugarpimpdorsey ◴[12 Nov 25 18:53 UTC] No.45904289[source]▶
Gourmet high-end Keurig pods are like $0.50 each. Make your own coffee.
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1. 0_____0 ◴[12 Nov 25 19:00 UTC] No.45904448[source]▶
If you go through coffee regularly, it's actually quite a nice thing to invest in. There are a really amazing number of craft roasters throughout the country, and simply having a quality grinder is enough. And you don't need a crazy espresso setup to enjoy it. My setup consists of a motorized flat burr grinder, a 20$ kettle from target, and a pour over funnel. The quality is so much higher than anything you can get from a pod that's been sitting around with pre ground coffee, and it only takes a couple minutes while you're waiting for Claude to rewrite your codebase in Rust or whatever it is "Hackers" do these days
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2. skylurk ◴[12 Nov 25 21:30 UTC] No.45907020[source]▶
There's some really good hand grinders these days too, minimal effort and only takes a minute.
3. sugarpimpdorsey ◴[12 Nov 25 22:34 UTC] No.45907818[source]▶
I want a cup of coffee not a science project.