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RE: The Old Dog Asks: What is The Banking Industry's End Game? Let's Just Use Steem..That's The Dream!

in #cashless8 years ago

That's a new one on me. Here in the States we have been trying to get the Feds to get rid of the penny. Our friends to the north (Canada) got rid of theirs a while back. It costs the Feds 1.5 cents to make a cent as of 2016. Bet you couldn't stay in business long with a deal like that LOL. Plus that is using zinc, which does not hold up well. I find them metal detecting, and a few years old coin is not even usable unlike the old copper ones.

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Check out the history of the per centage of silver in Roman coins as the Empire corrupted and deteriorated.

Everything old is new again lol

That is amazing! I never knew that and just read about it on Wikipedia. Yes its just like here. Pre 1964, our half dollar, quarter and dimes were 90% silver! Now we cant even afford copper lol.