Obama open to the elimination of penny

[Sibirsky]

Paying with a debit card works the same as paying with cash. As to the rest, I really don't care if the gub'ment can look up what I'm purchasing.

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

[Tekania]

No, what is irrational to me is to rely on some plastic toy card to hold all your money instead of having actual bills to pay with. Nothing is more direct than cash besides barter. There is no paper trail unlike with electronic currency, which is what I suspect is why some people want to push for only electronic currency, so every transaction won't be private anymore.

Paying with a debit card works the same as paying with cash. As to the rest, I really don't care if the gub'ment can look up what I'm purchasing.

And what is wrong with paper trails? I like paper trails.... paper trails help me when people are trying to dick me over. The only people who don't like paper trails are people trying to dick other people over.

[Minoriteeburg]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

Nor I...

I mean so what if they can see what you buy?

ERMAGHERD! THE GUBMENT SEEZ MAH PURCHASEZ OF KITTEH COSTUMEZ!

[Conscentia]

Recycled paper is greener than data accessed using power obtained from burned coal.

"Paper" money isn't printed on paper...

I was talking about documents.

[Minoriteeburg]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

But they're not going to look at it unless if you are buying copious amounts of explosives or whatnot. They don't just go around looking into everyones business for no reason.

[Great Nepal]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

Yes but they dont look at every transaction you make. Only if you are suspected of crime and the transaction is thought to have something to do with the crime.
Government neither has time nor money nor manpower to look at every single transaction.

[Conscentia]

I like coins.

I dont, mostly because of noise they make in pocket. If given choice between coin and note, I opt for note.

Get a wallet.

[Ovisterra]

Paying with a debit card works the same as paying with cash. As to the rest, I really don't care if the gub'ment can look up what I'm purchasing.

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

I have nothing to hide, but that doesn't mean I'm comfortable with people seeing my shit. I want privacy. I've nothing to hide in my house, but if someone set up a system of cameras to monitor my room 24/7, I'd be pissed.

[Great Nepal]

I dont, mostly because of noise they make in pocket. If given choice between coin and note, I opt for note.

Get a wallet.

I have a wallet. Coins still make annoying noise.

[Tekania]

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

But they're not going to look at it unless if you are buying copious amounts of explosives or whatnot. They don't just go around looking into everyones business for no reason.

Apparently the government doesn't like it when you hack into a defense mainframe and then later are found looking for plutonium on craigslist..... who knew?

[Saiwania]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

I have more things to hide than Anders Behring Breivik. Not really though, it is just the principle of being able to have a medium of exchange which is truly private. I prefer cash and will continue to use it as long as I'm able to.

[Grenartia]

Says you, but I still use paper money. Explain why there is still newspapers, TV guides, notebook paper, receipts, letters, etc. and why that hasn't all gone away yet? I don't dispute that electronic forms of transaction is an option, but what I don't agree with is your postulation that paper will disappear entirely. Can you prove that everyone has access to internet service and electricity?

They don't, but so what? Not everybody is literate either nor can everybody see, but neither one of those makes the written word a bad idea. In a large, modern society, the lowest common denominator is very low. That shouldn't hold the rest of us back.

So basically, fuck people without access to the internet.

[Conscentia]

Get a wallet.

I have a wallet. Coins still make annoying noise.

I've never had that problem.

[Great Nepal]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

I have more things to hide than Anders Behring Breivik. Not really though, it is just the principle of being able to have a medium of exchange which is truly private. I prefer cash and will continue to use it as long as I'm able to.

No because shopkeepers keep record of their sales.

[Ovisterra]

Yeah, we should probably get back on topic.

[AiliailiA]

Shredded. I have a little bag of shredded $20s I got from the Philly Fed.

I dont get why nations destroy old notes... Just make them out of plastic (which is better than paper) and use them forever.

More durable than paper, but not indestructible. They go through the wash just fine which is handy but the ink is subject to fading and and chemical damage just like any ink and they can still be torn or burnt.

[Big Jim P]

Pennies (actually cents) and nickels (actually five cent pieces) both cost more to make that their face value. Get rid of both.

[Minoriteeburg]

They don't, but so what? Not everybody is literate either nor can everybody see, but neither one of those makes the written word a bad idea. In a large, modern society, the lowest common denominator is very low. That shouldn't hold the rest of us back.

So basically, fuck people without access to the internet.

There are these places you see, and they're called Libraries. There is at least one in every city and town in America.

[Minoriteeburg]

I never understood the uproar over the gov't looking up what you buy. As long as you have nothing to hide, why should you care?

I have more things to hide than Anders Behring Breivik. Not really though, it is just the principle of being able to have a medium of exchange which is truly private. I prefer cash and will continue to use it as long as I'm able to.

The age of privacy is over. Time to move along.

[Great Nepal]

I dont get why nations destroy old notes... Just make them out of plastic (which is better than paper) and use them forever.

More durable than paper, but not indestructible. They go through the wash just fine which is handy but the ink is subject to fading and and chemical damage just like any ink and they can still be torn or burnt.

I only had problem of fading in Nepal but as long as value and signature was visible it worked as legal tender. It never tore and why will anyone burn it...

[Dyakovo]

But they're not going to look at it unless if you are buying copious amounts of explosives or whatnot. They don't just go around looking into everyones business for no reason.

Apparently the government doesn't like it when you hack into a defense mainframe and then later are found looking for plutonium on craigslist..... who knew?

Me... Now...

[Sibirsky]

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

But they're not going to look at it unless if you are buying copious amounts of explosives or whatnot. They don't just go around looking into everyones business for no reason.

Hopefully.

Realistically speaking there are way too many transactions for them to track. So they set rules. For example cash transactions of $10,000 + trigger a report.

They can check what I check out at a library without a warrant though. That's wrong.

[Sibirsky]

It's none of their business what I spend my money on.

Or what I check out from the library. Or what I write, and to whom, in e-mails.

Yes but they dont look at every transaction you make. Only if you are suspected of crime and the transaction is thought to have something to do with the crime.
Government neither has time nor money nor manpower to look at every single transaction.

I realize that.

[YellowApple]

A debit card sounds like it would be more up your alley.

That is what I do. And I constantly keep track of my purchases and balance. It is how I got better with my spending.

Yep, I do that, too. I actually use two debit cards - one direct to my checking account, which I avoid using except in emergencies, and another linked to a PayPal account for day-to-day spending.

I'm considering getting a credit card for the sole purpose of paying bills; since those would be relatively-consistent payments, it would make the credit card payment managable and predictable, while also helping me build up a currently-nonexistent credit score.

[Dyakovo]

Pennies (actually cents) and nickels (actually five cent pieces) both cost more to make that their face value. Get rid of both.

Nickels could be made cheaper by using less expensive metals, so no need to get rid of them yet.