Marco Arment streamlines U.S. currency
- 1 cent: I don’t care whether we keep these. I’ll still keep them in a bowl and eventually bring them to a Coinstar machine for Amazon credit.
- 5 cents (5x previous denomination)
- 25 cents (5x)
- $1 (4x): I don’t care whether it’s a coin or a bill. Just pick one.
- $5 (5x)
- $20 (4x)
- $100 (5x)
My swing at this would involve the same number of currencies but would look slightly different. After spending a few weeks in Ireland last year I grew to love coin money over paper money. So I'd do it this way...
- $1 coin
- $2 coin
- $5 bill
- $20 bill
- $100 bill
This would mean that prices would have to change. Gone would be the days of prices that end in .99. I say good riddance to the penny and bring on the dollar and two dollar coins.