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What happens when we stop using coins?

Microchip in our head links to bank accounts; crediting and debiting our accounts. No coins or currency needed anymore so what happens to collecting?
GO AHEAD! I DOUBLE-DOG DARE YOU TO RATE ME A 1!

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  • JulianJulian Posts: 3,370 ✭✭✭
    I do not believe that any of us will have to worry about this.

    Something may come to pass like this in the future, but it will be even a longer time to get the entire world, including the less developed to utilize this.

    Until that time, money, as we know it now, will still be necessary.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    no computer chip reader at the hot dog stand, .....ever !!!!!
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    When everyone upgrades to a new chip it will create a new class of collectibles! We'll all be called
    chip-heads! and Chip Head Collectors. yep, that's my take.
    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    we stopped using gold and silver coins for circulation but they're still popular to collect.

    I think if we stopped using coins altogether, old coins would be very popular to collect

    Liberty: Parent of Science & Industry

  • The mint would still make commems until interest dried up (maybe 10000 yeasr from now).
  • Coins will become as popular as washboards are today!

    Or typewriters

    Or 8-track players.

    Seriously, when I stop using coins, I am dead.
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
  • The Mint will still make them.
    Anyone can make a difference, but most people probably shouldn't. -- Marge Simpson
  • fishcookerfishcooker Posts: 3,446 ✭✭

    We pretty much already have quit using them. Coins don't have enough purchasing power beyond vending machine junk food or the car wash. Mostly they are just tossed in a piggy bank and left there for a long time - and then deposited at a bank.
  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>no computer chip reader at the hot dog stand, .....ever !!!!! >>

    Don't be too sure. I already use my credit card for every purchase at every fast food restaurant I go to. Oftentimes many days go by without me using any cash at all, no less coinage.
  • 21Walker21Walker Posts: 1,762 ✭✭✭
    More UNC's??????????Rick
    If don't look like UNC, it probrably isn't UNC.....U.S. Coast Guard. Chief Petty Officer (Retired) (1970-1990)

    EBAY Items
    http://search.ebay.com/_W0QQsassZrlamir
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    "What happens when we stop using coins?" They put you in a box and bury you. That's all folks.... Cheers, RickO
  • Well you stop moving, you swell up, start smelling bad and attracting insects


  • << <i>Well you stop moving, you swell up, start smelling bad and attracting insects >>



    I'm already doing that. image
    GO AHEAD! I DOUBLE-DOG DARE YOU TO RATE ME A 1!


  • << <i>no computer chip reader at the hot dog stand, .....ever !!!!! >>



    I run a cash only biz, no plastic. I still accept local checks. For a small business the fees are so high for debit and credit cards. The locals don't seem to mind.


  • << <i>Microchip in our head links to bank accounts; crediting and debiting our accounts. No coins or currency needed anymore so what happens to collecting? >>



    If my credit card is over drawn they simply tear the card up. If the chip in my head is overdrawn, what will they do...chop off my head?
    I think I am against this idea.

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