Should coins become history?
 

I mean, we have the tech to have digital credits now, why are we still using coins (which have been used since roman times)?

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

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

No Chewy
We need more £5 coins.

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

I prefer cash to digitalshit.

The 99p store
market stals all need coins.

They are staying.

Chewy has this all wrong.

Yes Shaun


Lay It On The Line.

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

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.

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

Talk
Like
A
Human
Being

Sign of a facepalm

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

oh okay,
then you make a good point :)

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.

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:

Yes only Chewy wants this Silly Idea.

Chewy does not care about you.

Chewy cares about everyone

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?

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

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:

I hope I didn't make a bad ass amazing post for nothing :tongue:

:bored:
Coins are great,