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<p>[QUOTE="ErolGarip, post: 2844172, member: 88736"]On this page/chart, <a href="https://www.creditloan.com/media/ve-coin-circulation.png" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.creditloan.com/media/ve-coin-circulation.png" rel="nofollow">https://www.creditloan.com/media/ve-coin-circulation.png</a> </p><p>1,65 trillion cents had been produced (as of 2009, since when is not mentioned, probably in 100 years.)</p><p><br /></p><p>tommyc03, of course, "cents" do serve a purpose, did in the past, do in the today. You mentioned price labels such as $1,97. The "cent" in such prices is a thing, the "cent coin" is another thing. Without "cent coin", economy can still work. But, without "cent", economy can not work, especially in our this era in that all banking financial etc computations&programmes use "cent" (not dollar) in their computer programme algorithms. Computer programmes just convert "cents" to "dollars" by dividing "100" at the end, after running programmes. (however, "cent coin" is still necessary, but, a little differently. It is off-topic here. Detailed talking on "cent coins" is in the thread "Money with/out numbers".)</p><p><br /></p><p>Edit: my mistake. Those economy finance computer programmes use even smaller than cent. Those numbers during computer programmes running are just numbers, they are not money. The become money after they are rounded to two digits after the comma, that's, the cent. Anyway, talks about such things "cent, cent coin" is more here <a href="https://www.cointalk.com/threads/coin-without-any-number-figure.299880/page-11" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/coin-without-any-number-figure.299880/page-11">https://www.cointalk.com/threads/coin-without-any-number-figure.299880/page-11</a>[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2844172, member: 88736"]On this page/chart, [url]https://www.creditloan.com/media/ve-coin-circulation.png[/url] 1,65 trillion cents had been produced (as of 2009, since when is not mentioned, probably in 100 years.) tommyc03, of course, "cents" do serve a purpose, did in the past, do in the today. You mentioned price labels such as $1,97. The "cent" in such prices is a thing, the "cent coin" is another thing. Without "cent coin", economy can still work. But, without "cent", economy can not work, especially in our this era in that all banking financial etc computations&programmes use "cent" (not dollar) in their computer programme algorithms. Computer programmes just convert "cents" to "dollars" by dividing "100" at the end, after running programmes. (however, "cent coin" is still necessary, but, a little differently. It is off-topic here. Detailed talking on "cent coins" is in the thread "Money with/out numbers".) Edit: my mistake. Those economy finance computer programmes use even smaller than cent. Those numbers during computer programmes running are just numbers, they are not money. The become money after they are rounded to two digits after the comma, that's, the cent. Anyway, talks about such things "cent, cent coin" is more here [url]https://www.cointalk.com/threads/coin-without-any-number-figure.299880/page-11[/url][/QUOTE]
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