Prices of things are becoming absolutely insane. $800+ rent, $30,000 cars, $10 sub sandwiches, etc. It would be nice to do a 3/1 split and cut everything by 2/3. Then we would have $266 rent, $10,000 cars, and $3.33 sub sandwiches. Wages, debts, everything would drop to 1/3 what they are now. It would also make coins useful again since a vending machine soda would be 2 quarters again.
I don’t really see a point in doing that. I dislike coins.
I dislike coins too, but mostly because a dollar is the smallest useful denomination and anything below is rounding. In a 1900 era world where you could buy something material for a nickel or dime, it was worthwhile to use those coins.
In the Eurozone, you have 1 and 2 Euro coins, which are super useful all the time for small purchases. I’d really love to see them here too.
But why do you dislike them? Because in this event a coin would actually be worth using, where now it’s just an annoyance.
Does anybody like decimals? Even if you add more worth it’s more math.
I kind of like how the Yen is denominated: all prices are integers. It would be roughly equivalent to pricing everything in cents, but at least there’d be no decimals.
That’s true. Have a look at Bitcoin where they are sending satoshis around (0.00000001).