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<p>[QUOTE=&quot;coinhead63, post: 1407918, member: 28001&quot;]Money talks and you know what walks.&nbsp; There will be a need for cash transactions well into the forseeable future.&nbsp; Almost every &quot;plastic&quot; transaction involves a fee for the seller and the cost is passed onto the consumer.&nbsp; Many retailers require a minimum purchase amount so they don&#039;t go in the hole on a small sale.&nbsp; I doubt you&#039;ll ever see a gumball machine that accepts debit/credit cards.&nbsp; As for the cent and the paper dollar, I think the pointed heads inside the beltway will be against the end of production of these for a long time to come.&nbsp; Obama&#039;s cronies had the opportunity to cut spending by removing the paper dollar from production but opted to nix the circulating presidential dollar instead.&nbsp; They must have looked at the raw cost of producing each paper vs coin dollar and didn&#039;t look at the big picture:&nbsp; Paper dollars last about 6 months in circulation while coins last about 25 years.&nbsp; Therefore each bill printed must go through a process of printing, being deemed fit or unfit for continued circulation, collection and transportation of unfit bills and finally being run through the shredder.&nbsp; Do this operation 50 times while that dollar coin continues to bounce around in commerce.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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