Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Tue 07/21/2020 View Mon 07/20/2020 View Sun 07/19/2020 View Sat 07/18/2020 View Fri 07/17/2020 View Thu 07/16/2020 View Wed 07/15/2020
1
2020-07-21 Home Front: Politix
A Coin Shortage Or Push For Digital Currency?
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Frank G 2020-07-21 00:00|| || Front Page|| [11134 views ]  Top

#1 Funny how money has been around for 2,000 years and suddenly it's a problem (COVID-19). Gives a new meaning to 'filthy lucre'. But, people hoard when they feel something is wrong...even toilet paper.
Posted by Clem 2020-07-21 03:29||   2020-07-21 03:29|| Front Page Top

#2 Trump has indicated we will have coins and Dollars. CON virus scare is just as real with card readers. Just another swamp media scare. Every day every week till election. Most people have stopped viewing commercial media.Polls are a fabrication and so are not paid attention to, 2016 being a good example.
Posted by Dale 2020-07-21 04:16||   2020-07-21 04:16|| Front Page Top

#3 Full digital is needed if they want to effectively enact a national sales tax, track all purchases & transactions, and collect ‘their fair share’ from the citizens (and non-citizens).

Posted by Airandee 2020-07-21 07:29||   2020-07-21 07:29|| Front Page Top

#4 3 local stores including a CVS have put up signs asking customers to use CCs because of a coin shortage. This is absolute BS and demonstrably so.
Posted by Rex Mundi 2020-07-21 11:58||   2020-07-21 11:58|| Front Page Top

#5 Don't leave home without it...

Posted by Abu Uluque 2020-07-21 12:20||   2020-07-21 12:20|| Front Page Top

#6 Mark of the devil on the right hand or on the forehead (666).
Posted by Seeking Cure For Ignorance 2020-07-21 13:43||   2020-07-21 13:43|| Front Page Top

#7 ...666 is generally believed to have been the original Number of the Beast in the Book of Revelation in the Christian Bible.[4] In 2005, however, a fragment of papyrus 115 was revealed, containing the earliest known version of that part of the Book of Revelation discussing the Number of the Beast. It gave the number as 616, suggesting that this may have been the original.[2] One possible explanation for the two different numbers is that they reflect two different spellings of Emperor Nero/Neron's name, for which (according to this theory) this number is believed to be a code. - cite
Posted by Procopius2k 2020-07-21 13:53||   2020-07-21 13:53|| Front Page Top

#8 So how close is the mark of the devil to 666? What if you have a round off error and you get 667? What then?
Posted by Alaska Paul 2020-07-21 15:03||   2020-07-21 15:03|| Front Page Top

#9 Asked my teller last week about this; I was looked at like I had cucumbers growing out of my ears.

I was told by someone who just did a stint in Michigan that the big bois would let you pay in cash but they would keep the change. Weights and Measures should have their asses.

My guess is there are a number of actors coming together here. Obviously the digital currency people, the stores who get to keep the change and no longer have to pay for people to load and maintain the coin dispensers, the credit card people who gain balances and interest on said balances, and the politicians who peddle power for money.
Posted by swksvolFF 2020-07-21 15:46||   2020-07-21 15:46|| Front Page Top

#10 ^ This
Posted by Rex Mundi 2020-07-21 16:19||   2020-07-21 16:19|| Front Page Top

#11 Obligatory...
Posted by Raj 2020-07-21 17:46||   2020-07-21 17:46|| Front Page Top

#12 Note Well, they didn't use the Indo-Arabic numbers we now use. Those weren't appropriated adopted till after 1492.
Posted by Procopius2k 2020-07-21 18:59||   2020-07-21 18:59|| Front Page Top

#13 Sadly, it may be because cashiers can no longer make change.
Posted by Skidmark 2020-07-21 19:52||   2020-07-21 19:52|| Front Page Top

#14 That's a fact.

I thought all the big bois had auto-change makers?

OT, just a bit.
Not too long ago I was traveling through Prairie City on my way home, stopped to buy some nice scotch. Some chuckleheads didn't call before digging and cut their own company's internet cable, knocking out internet for most of the town; especially the businesses. So, no on the credit cards.

Found my brand, paid cash, but wallet is now 2 pounds lighter. I'm also hungry. Go to sandwich shop and check in, "You alls' credit card machine work?"

No says the dude...but I can do a carbon ticket if you like. What, with the sliding machine and all that I ask the time traveler. Yessir, holds it up. Now I have to get a sandwich so I can watch dude wring up the plastic and I ask whats a paleolithic cashier doing in a new and hip sandwich shop.

He was just old enough, that at a very young age of 16 he worked as a grocery store checkout clerk, and it was the twilight of the carbon copy method. He called his boss, somehow found the machine, and very professionally walked me though how he will put the receipt in a lock box which only the manager has a key for, it will be processed as soon as possible, enjoy your sandwich and have a nice day.

Bet your carbon paper I tipped.
Posted by swksvolFF 2020-07-21 21:57||   2020-07-21 21:57|| Front Page Top

#15 It’s hoarding, but never let a crisis go to waste.
Posted by KBK 2020-07-21 23:58||   2020-07-21 23:58|| Front Page Top

23:58 KBK
23:55 KBK
23:31 Sgt. D.T.
23:30 SteveS
23:18 trailing wife
22:58 Procopius2k
22:51 trailing wife
22:50 Jan
22:50 SteveS
22:43 SteveS
22:40 SteveS
22:39 SteveS
22:23 Skidmark
22:20 Skidmark
21:59 Alaska Paul
21:58 Ununter Omotch2809
21:57 swksvolFF
21:42 Regular joe
21:37 SteveS
21:04 Airandee
20:43 trailing wife
20:38 KBK
20:29 Alistaire Omarong4061
20:27 swksvolFF









Paypal:
Google
Search WWW Search rantburg.com