(Thread IKs:
Platystemon)
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Mr.Pibbleton posted:I liked the Sacagawea dollar coins, also we should start minting five dollar coins.
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Sep 18, 2019 01:57
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BBJoey posted:also worth considering that even though it is relatively energy-intensive to make cash, at least you get a physical object out the other end. bitcoins are literally just 1s and 0s and it takes insane amounts of energy to produce them. Most monetary transactions are 1s and 0s...I have $7 cash on me now and that’s probably about the average of what I usually carry. It’s dumb as poo poo bitcoins are all the worst parts of electronic money without the security of actual Dollars, physical or electronic
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Sep 18, 2019 02:00
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The Nastier Nate posted:It’s dumb as poo poo {virtual thing} are all the worst parts of {existing thing} without the security of actual {virtual thing}
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Sep 18, 2019 02:03
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Mr.Pibbleton posted:I liked the Sacagawea dollar coins, also we should start minting five dollar coins. hell yeah same. a buddy from ontario visited and brought me a shitload of loonies and toonies i love them
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Sep 18, 2019 02:07
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$5 coins would be interesting. Not welcome, but interesting.
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Sep 18, 2019 02:08
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make everything coins, but make the $20s and $50s big square ones like high dollar casino chips
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Sep 18, 2019 02:13
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strip clubs in Aus have stripper dollars you buy so you can still make it rain ones
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Sep 18, 2019 02:24
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I canada you throw toonies and if you can get one to stick to her cooter you win a poster
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Sep 18, 2019 02:29
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Tubgoat posted:The Sacs were followed by a series of presidential coins and they show no signs of stopping. Trump of all people landed himself on currency. How. The gently caress. About. That. nah they stopped in 2016 with Reagan, they only made coins for dead presidents
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Sep 18, 2019 02:31
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that doesn't preclude trump minting the trillion dollar coin tho
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Sep 18, 2019 02:33
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Tubgoat posted:I generally don't use them but I like them, they tickle my inner RPG-fangirl, and they work on buses. I'm the same way regarding the RPG feel. Just wanna pay for my dinner at the tavern by setting a bag of gold on the bar
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Sep 18, 2019 02:35
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A lot of money doesn't physically exist and is a whole hypothetical access to a bank which only has a certain federally-regulated fraction of the currency that it it owes you, but in theory if there was a run on the bank where more people wanted their money out than the bank could sustain, the federal government will cover it. I don't think it's ever been tested though. I'm pretty certain there's more "virtual" currency than physical though. The vast bulk of US currency is held in vaults. Not necessarily US bank vaults though, because the US dollar is often valued for its stability, so people and countries will physically stock up on US dollars as an investment in case something goes wrong with their local currency or whatever. But since physical currency is valued more as a store of money rather than for practical transactions, $100 bills are by far the most produced denomination, many of which just fly overseas, which actually dampens inflation. But aside from whatever your feelings on currency in general, dollars are backed by the US government at the end of the day, whereas cryptocurrencies only have speculative value. The financial industry is really dumb though, so there may be enough speculators hoping to make money off of other speculators to keep the whole dumb concept afloat indefinitely, although in theory it could still crash.
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Sep 18, 2019 02:44
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SlothfulCobra posted:A lot of money doesn't physically exist and is a whole hypothetical access to a bank which only has a certain federally-regulated fraction of the currency that it it owes you, but in theory if there was a run on the bank where more people wanted their money out than the bank could sustain, the federal government will cover it. I don't think it's ever been tested though. I'm pretty certain there's more "virtual" currency than physical though. This is a large part of why the USA goes to war for oil. It's traded in USD and you lose a lot of power in the world when it starts getting traded in another currency because who needs yours any more.
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Sep 18, 2019 02:52
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Powershift posted:I canada you throw toonies and if you can get one to stick to her cooter you win a poster Hello Canada *beats chest* I America
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Sep 18, 2019 03:18
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Inceltown posted:This is a large part of why the USA goes to war for oil. It's traded in USD and you lose a lot of power in the world when it starts getting traded in another currency because who needs yours any more. Yeah plus the back in the day deal with the House of Saud was how they would stay on the petro dollar in exchange for US support and recognition.
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Sep 18, 2019 03:20
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Tunicate posted:nah they stopped in 2016 with Reagan, they only made coins for dead presidents WTF Reagan gets one and Carter doesn’t? That’s some serious bullshit.  It may be from The Onion, but it’s basically true. The farm was put into a blind trust and grossly mismanaged.
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Sep 18, 2019 03:43
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Platystemon posted:It may be from The Onion, but it’s basically true. The farm was put into a blind trust and grossly mismanaged.
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Sep 18, 2019 03:57
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SlothfulCobra posted:A lot of money doesn't physically exist and is a whole hypothetical access to a bank which only has a certain federally-regulated fraction of the currency that it it owes you, but in theory if there was a run on the bank where more people wanted their money out than the bank could sustain, the federal government will cover it. I don't think it's ever been tested though. I'm pretty certain there's more "virtual" currency than physical though.
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Sep 18, 2019 04:25
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It seems like if you trust someone enough not to kill you with those bullets and take your stuff, and if they trust you enough not to kill them and take their stuff, that everyone would be better off in a commune pooling resources and labor?
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Sep 18, 2019 04:29
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Platystemon posted:WTF Reagan gets one and Carter doesn’t? The deal is no living faces on currency. So think of them as little tiny tombstones.
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Sep 18, 2019 05:05
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Platystemon posted:WTF Reagan gets one and Carter doesn’t? The Onion is always true. It's just sometimes they're true in advance and the stuff they're joking about hasn't quite happened yet.
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Sep 18, 2019 05:17
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Subjunctive posted:Putin is enjoying this timeline more than anyone else, by a wide margin. Shear Modulus posted:putin gets to watch the piss tape in 4k HD every night while everyone else only gets to imagine what it looks like
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Sep 18, 2019 05:21
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Putin is the Saturday cartoon villain you can shake your fist at and go “curse you Vladimir Putin!” compared to Trump the postmodern horrifying villain that if you think about too hard will literally destroy your brain
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Sep 18, 2019 05:26
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Scrub-Niggurath posted:Putin is the Saturday cartoon villain you can shake your fist at and go “curse you Vladimir Putin!” compared to Trump the postmodern horrifying villain that if you think about too hard will literally destroy your brain
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Sep 18, 2019 05:43
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SlothfulCobra posted:The deal is no living faces on currency. So think of them as little tiny tombstones. sounds to me like theres only one president who's good (great) enough to warrant breaking that rule and have his face put on the trillion dollar coin
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Sep 18, 2019 05:54
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the thing about dollar coins is people already avoid $1 bills because you need a thick stack to buy anything. if $5 coins existed at least it wouldn't be a half pound of coins to buy a pack of cigarettes, which at $7-9 is pretty close to what most people spend if they wander into a gas station or something
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Sep 18, 2019 05:55
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Tubgoat posted:It seems like if you trust someone enough not to kill you with those bullets and take your stuff, and if they trust you enough not to kill them and take their stuff, that everyone would be better off in a commune pooling resources and labor? But that sounds like communism!
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Sep 18, 2019 05:57
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^ ^ ^ Plain Jane collectivism, I think.Shear Modulus posted:sounds to me like theres only one president who's good (great) enough to warrant breaking that rule and have his face put on the trillion dollar coin foobardog posted:Bernard Motherfucking Sanders
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Sep 18, 2019 05:58
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Shear Modulus posted:sounds to me like theres only one president who's good (great) enough to warrant breaking that rule and have his face put on the trillion dollar coin Bernard Motherfucking Sanders
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Sep 18, 2019 05:58
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Larry Parrish posted:the thing about dollar coins is people already avoid $1 bills because you need a thick stack to buy anything. if $5 coins existed at least it wouldn't be a half pound of coins to buy a pack of cigarettes, which at $7-9 is pretty close to what most people spend if they wander into a gas station or something $7-9? lol, smokes are $30 a pack here. You're going to have to work hard to pay for them in coins.
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Sep 18, 2019 05:59
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$30? For like 20 cigarettes? Is marijuana legal where you are? If cigarettes cost $30 a pack, my buddy would just switch to weed fulltime (and be ferociously irritable for two years while he gets over his nicotine addiction).
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Sep 18, 2019 06:01
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Inceltown posted:$7-9? lol, smokes are $30 a pack here. You're going to have to work hard to pay for them in coins. Nobody cares about Australia bitch
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Sep 18, 2019 06:01
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Tubgoat posted:$30? For like 20 cigarettes? Is marijuana legal where you are? If cigarettes cost $30 a pack, my buddy would just switch to weed fulltime (and be ferociously irritable for two years while he gets over his nicotine addiction). Weed is not legal. You're also not allowed to smoke with 4m of a doorway or inside a public area, so no smoking in pubs / clubs. Smoking is getting to be fairly rare though so it's alright with me.
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Sep 18, 2019 06:03
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Tubgoat posted:Trump and Putin are merely two aspects of the same monster, an infinite-headed hydra that can only be taken down by simultaneously everyone on the planet. I wear no mask.
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Sep 18, 2019 06:23
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Larry Parrish posted:Nobody cares about Australia bitch
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Sep 18, 2019 06:26
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Tubgoat posted:As a Yankee, I find Boonta Vista shockingly relateable. Politics being hosed is pretty universal.
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Sep 18, 2019 06:32
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Yeah, but in that special way that only demon crackers can truly manage.
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Sep 18, 2019 06:34
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Shear Modulus posted:sounds to me like theres only one president who's good (great) enough to warrant breaking that rule and have his face put on the trillion dollar coin Doesn’t the “no living people” rule not apply for the same reason a trillion‐dollar one would be legal? Congress prescribes what coins are to be minted generally, but is like “we don’t care lol do what you want with platinum”.
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Sep 18, 2019 06:36
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Tubgoat posted:That is 100% NOT where op was going, I think. Forgive me I'm high and making bad jokes
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Sep 18, 2019 06:38
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^ ^ ^ I am supremely jealous, but no harm done. Honestly, it should be minted just so even the most intellectually-incurious can see to their satisfaction that money is a fake loving thing we made up so the psychopaths could gently caress our children.
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Sep 18, 2019 06:39
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