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<p>[QUOTE=&quot;mikenoodle, post: 939875, member: 307&quot;]where did the elimination of coins come to mean a barter system?</p><p><br /></p><p>More and more transactions are handled virtually or electronically. Debit cards, credit cards and smart cards all eliminate the need for coin. Does your state toll road system now have an electronic pass system instead of paying at a booth?</p><p><br /></p><p>These are all things that are eliminating the need for coin in our society. This is not to say that they will completely eliminate it, but lessen the amount necessary for commerce.</p><p><br /></p><p>As I had previously stated, it behooves the government to eliminate cash transactions as electronic transactions are easier to track and document thus make collecting sales taxes, etc. much easier. As government starts to fully realize the potential fiscal repercussions of electronic transactions, look for them to prefer these types of payment. When government (who mints the coins anyway) decides to take a specific direction there is very little to get in their way.[/QUOTE]</p><p><br /></p>

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