New US dollars

[Craig]

http://www.boston.com/dailynews/335/wash/N...per_mo%3A.shtml (http://www.boston.com/dailynews/335/wash/New_design_coming_for_paper_mo%3A.shtml)

[AliBabaIncorporated]

Color is coming, and government money makers are hoping for a warmer reception for the changes. The new $20, with its public unveiling set for the spring, is supposed to be in circulation as early as next fall.
Even after the greenbacks' last makeover, which started with a revamped Franklin on the $100 in 1996 and ended with new $5s and $10s in 2000, some collectors still complained that U.S. currency is boring.
what??? :pissed: :pissed: :pissed: :pissed: :pissed:

yeah, we all know that spending taxpayer money to make the ordinary man and especially the hobbyist dorks feel good about how American currency looks is a much more important than stupid shit like education, the military, or deficit reduction. $53 million to get out the word that the currency looks different? chump change, right? buying new printing presses when the old ones still work perfectly? hey, we're the United States of America, keep spending, keep spending!

okay listen all you whiny bitches, you want an interesting, colorful currency, I invite you to grab up a bunch of these HK $10 notes, more fucking colors than you can count. otherwise, limit spending on currency issuance to stuff that directly involves anti-piracy measures.

<img src='http://www.sunfeico.com/hk/hk_10_3.jpg[/img]

[Chris]

Okie ABI we get your point. With the bills just recently designed in the first place they can have easily change the colors. What a waste of time and effort.

[BeTheReds]

I think its to prevent counterfeiting. That's what the original argument is.

I think however tho that the time has come for the USA to start using dollar coins and eliminating one dollar bills.

[AliBabaIncorporated]

Originally posted by BeTheReds@Dec 3 2002, 12:12 PM
I think its to prevent counterfeiting. That's what the original argument is.

I think however tho that the time has come for the USA to start using dollar coins and eliminating one dollar bills.
that globe article wasn't addressing piracy concerns. if they were buying new currency presses to put holograms or smart chips or something in every large-denomination bill, i could understand. but color? that's not exactly some insurmountable technological advance, that's aesthetics and in my opinion a waste of time. Counterfeiters tend to have more flexible printing equipment than the government anyway (cuz they work from off-the-shelf commercial systems and the occasional corrupt Treasury official selling them some plates, designs, or paper), so they could easily jury-rig up a conversion to color. if they're not already geared up for it in the first place, that is. in any case, since the technology already exists to counterfeit color bills, a half-assed technological upgrade like that will just drive the smaller, less-well-funded counterfeiters out of business, while leaving the larger ones in place after an outlay of cash to upgrade their machines.

anyway, my time in HK, where we have the HK$10 coin (worth US$1.25) has made me even more opposed to large-denomination coins ... every time I get change, i just dump it in the tin on my desk when I come back, cuz I don't like carrying it around. then in about two weeks, I wonder why I'm running outta money so fast, then realize I have something like $200 of change. and none of it in useful denominations like $1s that I can spend at the arcade or on the laundry machine. I guess in Japan high denomination coins make a bit more sense cuz arcade games are so expensive and you got cigarette vending machines, etc. but still, large-denomination coins end up draining the disposable income of people with poor self-control.

[Craig]

Originally posted by BeTheReds@Dec 2 2002, 11:12 PM
I think however tho that the time has come for the USA to start using dollar coins and eliminating one dollar bills.
I use dollar coins all the time, haven't really had a problem that I can remember in buying stuff. If you want some, go to a U.S. Post Office and buy something in the stamp machine and the change will come out in dollar coins if it's over a dollar. Well, I forgot you're in Japan now, but if anybody else wants them.

[sal612]

Dollar bills are useful for making you look rich (by hiding it underneath one $100 bill and pretending you've got a stack of $100's.) :lol:

[iris]

I would not want to change the dollar bill into dollar coins. They are so much heavier than just a bill. Plus you guys don't exactly carry coin purses, why would you want a dollar coin?

I always trade away the dollar coins I get.

[Chris]

Personally I ahve no problem with dollar coins as well. i am getting use to it. Actually I got use to the Canadian 2dollare and One dollar coins. Much easier to deal with.

[sal612]

Kinda noisy though aren't they? <_<

I'm just picky.

[Arex]

Originally posted by iris@Dec 2 2002, 11:52 PM
I would not want to change the dollar bill into dollar coins. They are so much heavier than just a bill. Plus you guys don't exactly carry coin purses, why would you want a dollar coin?

I always trade away the dollar coins I get.
Guys have pockets. Which is why, whenever we go out, we're often stuck holding our womens' coin purses, cell phones, and/or keys.=)

I think the dollar coins came about for vending machine purposes. I guess too many people in the treasury got fed up with their ratty ol' $1 bills not feeding into the machines correctly. That being said, the new dollar coins would make more sense if they actually started to retrofit vending machines to accept them. I don't think I've seen a single one that does 'cept maybe the ones at the post office.

Alex

[Chris]

Originally posted by Arex@Dec 3 2002, 03:13 AM
Originally posted by iris@Dec 2 2002, 11:52 PM
I would not want to change the dollar bill into dollar coins. They are so much heavier than just a bill. Plus you guys don't exactly carry coin purses, why would you want a dollar coin?

I always trade away the dollar coins I get.
Guys have pockets. Which is why, whenever we go out, we're often stuck holding our womens' coin purses, cell phones, and/or keys.=)

I think the dollar coins came about for vending machine purposes. I guess too many people in the treasury got fed up with their ratty ol' $1 bills not feeding into the machines correctly. That being said, the new dollar coins would make more sense if they actually started to retrofit vending machines to accept them. I don't think I've seen a single one that does 'cept maybe the ones at the post office.

Alex
All the buses and trains in SF do take dollar coins. It so much easier to drop a coin in than to fumble with a dollar bills into the slots.

[SunWuKong]

Originally posted by Arex@Dec 3 2002, 06:13 AM
I always trade away the dollar coins I get.
Guys have pockets. Which is why, whenever we go out, we're often stuck holding our womens' coin purses, cell phones, and/or keys.=)[/quote]
i actually might start carrying a man-purse. all the guys in HK do that because people don't drive so they can't dump shit in their cars. i did that in HK and now i'm so not used to having all this stuff in my pockets.

[angel nympho]

Originally posted by iris@Dec 3 2002, 07:52 AM
I would not want to change the dollar bill into dollar coins. They are so much heavier than just a bill. Plus you guys don't exactly carry coin purses, why would you want a dollar coin?

I always trade away the dollar coins I get.
I'm with you on this. Carrying a stack of bills just makes you FEEL like you have so much more money than carrying a ziplock bag full of coins. Canadian currency sucks. I could never tell how much money I had.