 Wolfie00My dog is an elitistPremium
join:2005-03-12
kudos:4 | reply to Devanchya
Re: Canadian Mint: Most Favour Getting Rid Of The Penny said by Devanchya:said by m0x:11 coins max. Of course if someone gives you 4$ of loonies that kinda breaks the algorithm but that doesn't happen very often and you'll get rid of them at your next transaction anyway. Mox, I now know why your working for Google. Your walking algorithm  I've met many of your type, and at times I have been accused of being one. Salut, you are a computer math nerd. My thoughts exactly! 
The real world: Wolfie00  wanders home from shopping, dumps an accumulated seven pounds of assorted loonies and toonies into a plastic dish. Next morning wanders out bleary-eyed to Timmy's for a fix, forgets the seven pounds of change, returns home with fix, adds two more toonies and a loonie and a few more quarters to the dish. Repeat as often as necessary until Wolfie00 's pockets rupture. This is the way it really works! 
--
"Against stupidity, the very gods themselves contend in vain" -- Friedrich Schiller
|
|
 m0xI love juice tooPremium
join:2002-11-04
San Francisco, CA | said by Wolfie00:The real world: Wolfie00 wanders home from shopping, dumps an accumulated seven pounds of assorted loonies and toonies into a plastic dish. Next morning wanders out bleary-eyed to Timmy's for a fix, forgets the seven pounds of change, returns home with fix, adds two more toonies and a loonie and a few more quarters to the dish. Repeat as often as necessary until Wolfie00 's pockets rupture. This is the way it really works! But, but, you know exactly how much your coffee is going to cost you, you can even plan it a few days in advance! Ah, I give up, it's already getting a moot point anyway...
Pfff! You guys are lucky there are people like to me to organize the world's information! :-P
--
Just because you're paranoid doesn't mean they're not out to get you |
|
 IanPremium
join:2002-06-18
ON
 ·Rogers Hi-Speed
| reply to Wolfie00
said by Wolfie00:Paper money was invented for a reason, people! Let's get back to civilized currency first, and worry about the poor penny later. And metal money was invented for a reason too. Ever try 20 times in a row trying to feed a dollar bill into a stupid vending machine? Probably not, since you live in Canada.
So should we go back to a paper dollar? Why stop there? Why not paper quarters and dimes as well?
--
"Idealism is based on big ideas. And, as anybody who has ever been asked "What's the big idea?" knows, most big ideas are bad ones."
O'Rourke, P.J. |
|
Wolfie00My dog is an elitistPremium
join:2005-03-12
kudos:4 | said by Ian:said by Wolfie00:Paper money was invented for a reason, people! Let's get back to civilized currency first, and worry about the poor penny later. And metal money was invented for a reason too. Ever try 20 times in a row trying to feed a dollar bill into a stupid vending machine? Probably not, since you live in Canada. So should we go back to a paper dollar? Why stop there? Why not paper quarters and dimes as well? Quarters and dimes exist because it's the most convenient way of handling small change in the form of small coins!
The right way to handle vending machines and other small-payment challenges is Mondex-type smartcards (stored-value payment cards).
But apparently you would prefer to regress to the coinage of the Yap Islanders.
--
"Against stupidity, the very gods themselves contend in vain" -- Friedrich Schiller
|
|
 SKThe member formerly known as CowPremium
join:2001-05-18
Toronto
1 edit | reply to Happyrat6
Half-serious idea: how about replacing the penny with a three cent coin? You can have all sorts of 3^m - 5^n combinations then. |
|
|
|
 Happyrat6Google Is Your Best FriendPremium
join:2002-07-01
Disneyland
1 edit | How would you cover 97 cents with that?
Seriously though folks, Australians and Kiwis have been doing just splendidly without pennies for years now.
For the sake of an accounting fiction, if we went to a cashless society and purchased everything with debit or credit we could muddle along just as well keeping track of all the imaginary currency on computerized statements.
But for day to day trivial spending where coins are king, would it really be that big of an inconvenience to round to the nearest nickel? Frankly it wouldn't kill me to pay an extra 2 or 3 cents for a cup of coffee and as far as taxation goes, the government could give us all a tax break on purchases below $5 as far as I'm concerned.
I mean what the hell can you get for a penny these days anyway? Even penny candy starts at 25 cents these days.
It's a useless coin, it should be phased out, and gov't should stop nickel and diming us to death with retail taxes on purchases below $5... |
|
SKThe member formerly known as CowPremium
join:2001-05-18
Toronto
1 edit | 100-3...
Silliness aside, I too favour getting rid of the penny. But did you know they have a lobby group? »www.pennies.org/  |
|
| reply to Happyrat6
said by Wolfie00:Sez who? I've had upwards of $12 or $15 worth of metal jangling in my pocket from time to time. Of course I always spend this crap first, but sometimes it just accumulates faster than I can spend it. And of course it's always when I'm buying something that costs say $5.64 or $10.06 that I reach into my pocket and realize I didn't bring my change, and once again arrive home jangling like the Bells of St. Mary's. I know what you mean, I have the same problem. It's getting to the point that if someone simply wants to go out they have to remember a whole laundry list of things to bring now, including coins! It's like, don't forget the car keys, driver's licence, phone, wallet and... oh ya... toonies, lol.
said by m0x:When waiting in line I always get all my change from my pocket and when I know exactly how much it's going to cost I just give the right amount to minimize the number of coins I'll receive. The cashiers often look at me weirdly when I give them some combination of coins, punch it in and realize that it works out as a multiple of 25c or something like that. Say I need to pay 6.43$, I might give 11.18$ so that I'll get 4.75$ back. So I got rid of 1 1$, 1 10c, 1 5c, 3 1c (6 coins) and got back 2 2$, 3 25c (5 coins), so I have 1 less coin. If I had simply given a 10$, I would've received 3.57 so 1 2$, 1 1$, 2 25c, 1 5c and 2 1c (7 coins). Everyone's happier! Just make sure to pre-calculate it (takes like a second or two) so as not to waste people's time. You are definitely way too efficient, and I mean way, way too efficient, as compared to most people in line that's for sure.
Most people in line that I've seen can't even find stuff in their purse or wallet, let alone actually start to calculate anything, lol.
--
You have to wear the foil shiny side out or it doesn't work. - Hanrahan |
|
Reviews:
 ·Primus Talkbroad..
| reply to Riamen
said by Riamen:I don't mind pennies. If you don't like carrying around a lot of pennies I found a good way to get rid of them. Spend them. Works well for me I rarely have more than a couple in my pocket. Indeed. Same goes for loonies and toonies. |
|
Happyrat6Google Is Your Best FriendPremium
join:2002-07-01
Disneyland | Personally I don't have a problem with loonies and toonies. If I collect more than $10 worth in my pocket I make a point of spending them at the earliest opportunity as it presents itself.
Then again the way I look at it is thusly. A $5 bill is approximately worth what a $1 bill was about 15 years ago. Four quarters to the Dollar/5 Loonies to the $5 bill. I really just think of a loonie as an oversized quarter in terms of actual buying power.
It's the penny that's totally worthless as a currency and really only serves as a bottleneck for long cashier lines and a boat anchor for weighing down mob hits at the bottom of the bay.
Other than those two uses the penny really serves no useful purpose in this day and age and serves to tie up millions of tons of copper for absolutely no good reason. |
|
IanPremium
join:2002-06-18
ON Reviews:
·Rogers Hi-Speed
| reply to Wolfie00
said by Wolfie00:Quarters and dimes exist because it's the most convenient way of handling small change in the form of small coins! Well a dollar is now a small amount of money. As is 2$. Even 1 and 2 Euros are coins. And they're worth more than CDN$.
The main reason is cost. It's expensive to constantly replace frequently circulated notes. I will agree though that the $1 and 2$ coins could indeed be smaller.
--
"Idealism is based on big ideas. And, as anybody who has ever been asked "What's the big idea?" knows, most big ideas are bad ones."
O'Rourke, P.J. |
|
 RobertPremium
join:2002-03-11
St John'S, NL | reply to Happyrat6
I use debit, problem solved. |
|
Happyrat6Google Is Your Best FriendPremium
join:2002-07-01
Disneyland | Tim Horton's doesn't accept debit. How do you get your morning fix? |
|
RobertPremium
join:2002-03-11
St John'S, NL | I don't drink timmies, and they have moved to Mastercard. |
|
Reviews:
 ·TekSavvy DSL
| reply to Happyrat6
Okay I have to tell this story here.
At work, a co-worker was on the phone with Bell Canada because they charged him 2 cents to much tax.
He spent 45 minutes on the phone until the other side hung up.
I handed over my bill for him to look at, and a few minutes later he was "Yup! 1 cent to much"...
He's going to be calling Revenue Canada next he said...
--
»www.codecipher.com - Marking the way to tomorrow's solutions |
|
| reply to Robert
[tinfoil hat]
I don't use debit much because I don't want The Man to know what I spend my money on.
[/tinfoil hat]
--
"It's all coming down!!" - Mike Holmes |
|
 Bender2000Bite My Shiny Metal AssPremium
join:2002-05-06
Dollard-Des-Ormeaux, QC | reply to Ian
The problem with the euro coins are their size are not all that different between 50 cents, $1 and $2. Yet their damned paper money gets bigger as the denomination goes up which is really irritating in a wallet. |
|
IanPremium
join:2002-06-18
ON Reviews:
·Rogers Hi-Speed
| said by Bender2000:The problem with the euro coins are their size are not all that different between 50 cents, $1 and $2. Yet their damned paper money gets bigger as the denomination goes up which is really irritating in a wallet. British pounds are the same way. I think it's so blind people can tell which bill they have.
--
"Idealism is based on big ideas. And, as anybody who has ever been asked "What's the big idea?" knows, most big ideas are bad ones."
O'Rourke, P.J. |
|
 SnickerdoPremium
join:2001-02-28
Niagara Falls, ON | said by Ian:British pounds are the same way. I think it's so blind people can tell which bill they have. Same with Australian dollars. Uniform paper currency sizes seems to be a North American thing.
--
I swear that I will faithfully and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen. |
|
| reply to Bender2000
Coins | 
Bills 20, 10, 5 | 
Bills 20 & 5 Size Difference | 
Bills Stacked Together |
said by Bender2000:The problem with the euro coins are their size are not all that different between 50 cents, $1 and $2. Yet their damned paper money gets bigger as the denomination goes up which is really irritating in a wallet. Hey, I know you just got back from Europe but guess what I got today? More damn coins! 
I'm there for a couple of days. For people who've never seen the bills or the coins up close before, here's some shots I just took. The size difference of the bills can drive you nuts the first time you try to put them in your wallet, you're right. You can really see the size difference between a 20 and a 5, for example. I much prefer our one-size fits all. Though it might kinda of be cool to have all our bills the size of the five though. It's pretty small.
And the euro actually has a 2 cent coin as well (see above). That might be an idea we could use? Never really thought about it though.
--
You have to wear the foil shiny side out or it doesn't work. - Hanrahan |
|
