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View Full Version : Should coins become history?


Scarlett.
25-12-2009, 01:54 PM
I mean, we have the tech to have digital credits now, why are we still using coins (which have been used since roman times)?

Tom
25-12-2009, 02:05 PM
Coins annoy me but if you're going to give someone money how do you get around it ... or if you forget your card?

Just give them less emphasis

Scarlett.
25-12-2009, 02:08 PM
Send it them digitally xD with coins, you can lose money, with a card you cant

and to make it easier they could just like your account to your thumbprint or something

arista
25-12-2009, 03:13 PM
No Chewy
We need more £5 coins.

Nicky.
25-12-2009, 03:17 PM
I think just notes would surfice...

I found £10 in ASDA, this guy practically chucked it out of his wallet, so I grabbed it to give to him, but he was gone xD .... so yes, money is easy to lose!

:'D

Shaun
25-12-2009, 03:30 PM
I prefer cash to digitalshit.

arista
25-12-2009, 03:31 PM
The 99p store
market stals all need coins.

They are staying.

Chewy has this all wrong.

arista
25-12-2009, 03:32 PM
I prefer cash to digitalshit.


Yes Shaun


Lay It On The Line.

Scarlett.
25-12-2009, 03:34 PM
I prefer cash to digitalshit.

You can easily drop £20, then its gone forever, you cant drop something that is on a computer

Shaun
25-12-2009, 03:36 PM
true, but stuff on a computer is prone to interference, technological failure and what not.

I of course keep big sums of money in banks, but for smaller transactions I just prefer to use coins/notes, they're pretty.

arista
25-12-2009, 03:37 PM
true, but stuff on a computer is prone to interference, technological failure and what not.

I of course keep big sums of money in banks, but for smaller transactions I just prefer to use coins/notes, they're pretty.

Thats Right Shaun
Smal Transactions.


Chewy is in a DreamWorld.

Scarlett.
25-12-2009, 03:39 PM
true, but stuff on a computer is prone to interference, technological failure and what not.

I of course keep big sums of money in banks, but for smaller transactions I just prefer to use coins/notes, they're pretty.

It can easily be corrected if there is an error :3 but they are prettyfull I guess, at least notes should be got rid of, there is no need for them


Chewy is in a DreamWorld.

Talk
Like
A
Human
Being

Sign of a facepalm

Braden
25-12-2009, 03:40 PM
what if you buy somthing which is like £1
and you give them a £5 note and then can't give you change because coins don't exsist

Scarlett.
25-12-2009, 03:41 PM
what if you buy somthing which is like £1
and you give them a £5 note and then can't give you change because coins don't exsist

By "coins" I meant all pyshical money

Braden
25-12-2009, 03:42 PM
By "coins" I meant all pyshical money

oh okay,
then you make a good point :)

Captain.Remy
25-12-2009, 03:58 PM
You cannot just answer yes or no because it is a typical economic issue. In the use of money, coins represent 10%, the other 90% is digital (SWIFT, Credit card...) so it looks like it's pointless.
However, coins influence on inflation and market prices. It is not only a currency concern but how it influences the prices. For example, making more coins will increase the prices but making no coins at all will be worse as the currency will be way under the level of other currencies, which means economic failure, stock exchanges crash and less exportations. The consequences are quite unpredictable: either the prices are way too low so everyone is buying from us, but we get screwed or the prices are way too high and no one will buy from us.
Therefore, not having coins or material support to pay with will make things rather horrible. And people aren't ready to change their habits.

King Gizzard
25-12-2009, 04:01 PM
If the bank would bloody let me have a card I wouldn't use cash

but they wont until you earn over a certain amount

only got a savers card thing :nono:

arista
25-12-2009, 04:02 PM
Yes only Chewy wants this Silly Idea.

arista
25-12-2009, 04:02 PM
If the bank would bloody let me have a card I wouldn't use cash

but they wont until you earn over a certain amount

only got a savers card thing :nono:


Chewy does not care about you.

Novo
25-12-2009, 04:03 PM
Chewy cares about everyone

Scarlett.
25-12-2009, 04:03 PM
Yes only Chewy wants this Silly Idea.

Indeed, I am the only person in the world who has thought of this arent I? Because the opinions on this forum represent the opinions of the whole of the world dont they?

King Gizzard
25-12-2009, 04:04 PM
I wasnt directing that at chewy lol i'm all in favour of them scrapping coins etc but they won't let me have a debit card


+ kids and OAPS would till want to use coins and the lark, as they probably arent up to date with this new fangled technology/ internet accessable etc

Captain.Remy
25-12-2009, 04:04 PM
Yes only Chewy wants this Silly Idea.

Well, many politicians and bank directors thought about it but the risks were way too high. And it's not quite the moment to mess up with economy. :hugesmile:

Captain.Remy
25-12-2009, 04:05 PM
I hope I didn't make a bad ass amazing post for nothing :tongue:

Stacey.
25-12-2009, 04:07 PM
:bored:
Coins are great,

King Gizzard
25-12-2009, 04:07 PM
They should scrap putting 99p on prices cause it's annoying, I don't give a **** about the 1p, but then again it makes a product look cheaper ertc

arista
25-12-2009, 04:11 PM
Well, many politicians and bank directors thought about it but the risks were way too high. And it's not quite the moment to mess up with economy. :hugesmile:


Yes €uro MP's
are Utter Bonkers.

arista
25-12-2009, 04:12 PM
They should scrap putting 99p on prices cause it's annoying, I don't give a **** about the 1p, but then again it makes a product look cheaper ertc


The 99p Store has Expanded to most towns now
due to this New Labour Depression.

LemonJam
25-12-2009, 04:52 PM
We have £1 notes over here. Yup.

_Seth
25-12-2009, 07:59 PM
Abolish physical money. Debit and credic cards should be used forever. **** everything else. :)

Shaun
25-12-2009, 08:08 PM
Chewy you've overlooked a horrific problem.

SHOPPING TROLLEYS.

*screams*

Fom
25-12-2009, 08:08 PM
Money will never be got rid of, it is just part of culture.

WOMBAI
25-12-2009, 08:10 PM
No - they still have their uses!

Captain.Remy
25-12-2009, 08:11 PM
Money will never be got rid of, it is just part of culture.

Good point I forgot to mention in my essay on page 1 lol.
No really, coins are just bronze, they don't mean anything until people consider them as money hence the different shape of coins.
Getting rid of physical money is financially and economically impossible but also impossible on a socialistic and historical scale.

arista
25-12-2009, 11:15 PM
Chewy you've overlooked a horrific problem.

SHOPPING TROLLEYS.

*screams*



Good Point Shaun.

Spud
26-12-2009, 03:39 PM
:wavey:Yeah, ban all coinage and bring in the euro. Then we will be dominated by what we fought against in the 1st and second world wars. Hey, coin man, do remember shillings? No, I don't either, except we carry them around with us everyday. 10p equals 2 shillings, and to lose a shilling meant spending the rest of your life in some instituion. Also, paper money, we could burn it all and finiah the atmosphere off all together. Who says money burns a hole in your pocket?! I would put a sarcastic smile here but KEEP THE POUND AND PENCE. DO NOT VOTE, the liberals, want europe, the torys hide their interest behind building british industry, and Labour, they are TORIES and LIBERAL mixed, KEEP THE FAITH, in wot is left of britain. We are seling out, SO we do need coins.:xyxwave:

sPUD

bananarama
27-12-2009, 08:47 PM
Must keep coins. You can toss a coin but not a credit card. :hugesmile:

Think about numismatists. A world without a continuing supply of coins would ruin them....:nono: