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Thread 17980294

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Anonymous No.17980294 [Report] >>17980302 >>17980468 >>17980821 >>17981581
Why was the 1 (currency) coin successful everywhere but the USA?
Anonymous No.17980302 [Report]
>>17980294 (OP)
because for some reason the USA refused to remove the 1 note from circulation so 1 coins were only ever given as change from vending machines, not from person to person transactions.
Anonymous No.17980465 [Report] >>17982254
we took the silver out
Anonymous No.17980468 [Report]
>>17980294 (OP)
The 1 banknote already existed so the 1 coin was just a heavy version of an already existing currency that also doesn't fit in wallets.
Anonymous No.17980821 [Report]
>>17980294 (OP)
We does it have a gold tint? It don't be like dat doe
Anonymous No.17981581 [Report]
>>17980294 (OP)
the good tint looks pretty nice
Anonymous No.17982231 [Report] >>17982245
Coins are used routinely for everyday transactions in shops everywhere except America.
Anonymous No.17982245 [Report]
>>17982231
>not silver or gold
garbage
Anonymous No.17982254 [Report]
>>17980465
Okay but you do realize they still mint silver bullion coins and you can still buy them as a hedge against inflation right? Currency of common exchange may have been rebased but the silver or gold never went away. In fact, now they're worth even more because their value is now based on supply and demand, which is one of the main reasons we switched to fiat in the first place, in order to stabilize the value of currency so that it's pegged against the size of the economy itself.