03-14-2016, 10:53 PM
There are a lot of theories. And a lot of issues. Both bills are obviously more frequently counterfeited. And as a result most cash based businesses won't accept them.
The other theory is that an all electronic commerce environment makes detecting crime that much easier, because then all of our cash flow is accessible via subpoena. That can also become a mechanism for control, and then the only solution is a barter economy.
I doubt very much that the $100 or $50 are going away anytime soon.
I'd personally welcome dropping the penny. They get in the way. Although I will confess to keeping a collection of the copper ones around to act as emergency conductors for repairs. I used one a few years ago in the place of an expensive battery terminal gizmo. Worked like a charm.
The other theory is that an all electronic commerce environment makes detecting crime that much easier, because then all of our cash flow is accessible via subpoena. That can also become a mechanism for control, and then the only solution is a barter economy.
I doubt very much that the $100 or $50 are going away anytime soon.
I'd personally welcome dropping the penny. They get in the way. Although I will confess to keeping a collection of the copper ones around to act as emergency conductors for repairs. I used one a few years ago in the place of an expensive battery terminal gizmo. Worked like a charm.