US, won't become entirely cashless within say 20-40 years, perhaps coinlees other than quarters , and dollar coins once the paper dollar is Eliminated
Stuff like illegal drug sales of heroin and such are done in cash, as are many things, it won't go away by eliminating cash
We should only have 2 coins
The quarter , and the small sized dollar
Paper money should be $5 and up, and go larger than $100
Just 2 coins, quarters and dollars,force dollar coins into usage by eliminating paper dollars
Canada has been doing similar for a long time
They have no pennies, one and two dollar coins, $5 and up paper
Just the quarter and dollar coin would work !
Most things are done electronically anyway, just swipe a whatever card...you likely get a bonus/reward of some kind for doing so anyway !
At a minimum stop mintng pennies !
Lincoln was born in 1809
Placed on the cent in 1909
Long before 2009, I thought the government would let it go until 2009, call it a nice 100 year run and retire the useless denmonination, I never thought it would still exist 10 years later !
The speed of government is slothlike, and often given no thought.
Historical examples of gov't stupid and political agendas abound