They’re not worth anything, never were but even less through the years with inflation.
If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.
Maybe even 5 cent pieces? But that would be a bit radical.
I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.
I am in favour. But let’s go ever further and get rid of cash entirely.
There are ways to do anonymous payments without cash. Just see the other comment. Relying on cash forever is just some libertarian fever dream.
ECB is working on the “digital Euro” right now, and I’m almost completely sure it won’t enable offline payments, simple peer to peer transactions or even anonymous payments. It’s a real shame, because GNU Taler is interesting and the crypto should be explored further.
Yes, please remove 1, 2 and 5 cent coins. I’d argue for also removing 10 and 20 cent. How do you get rid of them? I feel ridiculous paying with them. So I just don’t.
what? so if my bill is 1,96 euro i should pay 2 euro and the store will get the 4 cent? no way. that sounds not like much but its like per custumer per day lot. i even hate it that on gas stations there is a .cent. for example gas 1 euro 59,9 cent. what is this bullshit? just money making for the gas stations and oil companys.
Ah those arguments have already been done to death in the countries that did implement it. It really doesn’t change a thing in the grand scheme of things. Even the shops were worried that they’d lose money on it, so no, it’s not a money making scheme, it averages out perfectly fine.
I think the idea is that on the other hand the store will only get 2€ if the bill is 2,04€. On average there shouldn’t be any difference for both sides. About the gas stations I agree 100%.
The Stores will all do 1,96 then and no store will do 2,04 since that would make a loss on their side.
Doesn’t make sense. You could just throw away all 1 and 2 cents for yourself and round everything up if you really wish not having to worry about them anymore. Problem solved :)
The problem gets worse if you realize that the material value of the copper is greater than the coin value itself with 1 cent.
I actually looked it up. They are 5,65% copper, the rest ist iron. But because they are not 100% copper, they are less valuable then 1 cent. https://de.m.wikipedia.org/wiki/Euromünzen
