[Vision2020] New American binary money

[Donovan Arnold]

Ill be damned if I have to lug around 2 and 8 cent coins. A vending machine will steal your $5 coin, as Sacagawea and Susan B. Anthony will testify. How about a sales tax coin you pay on every dollar of tax? Like a forever stamp.
 
But, I never actually see money so it wouldn't make a difference to me. BTW, I lost a $100 bill. So if you see one with Ben Franklin on it, it is mine. TTYL.  
 
Donovan J. Arnold

From: Kenneth Marcy <kmmos1 at frontier.com>
To: Vision2020 discussions <vision2020 at moscow.com> 
Sent: Tuesday, December 18, 2012 8:55 AM
Subject: [Vision2020] New American binary money

    While thinking about other things, it just occurred to me that American money could be improved by replacing the coins and bills with binary-denominated amounts.  There would be five coins, starting with a two-penny coin, and each subsequent coin would be worth four times its predecessor.  So, 2 cents, 8 cents, 32 cents, 128 cents, and 512 cents.  The bills would follow a similar pattern, with 2, 8, 32, 128, and 512 dollar bills.  And, yes, the value of the smallest bill is four times the largest coin.  Five coins and five bills should fit into the usual cash register configurations for those who decline to do business with a hand-wavy electronic device picking up a product bar code and then extracting monetary bits from a customer account.

  The idea of an almost five-dollar coin should make the vending machine community perk up, and the idea of receiving a single-bill compensation rate per week, and not being below the poverty level, is a novelty not recently experienced in this country.


Ken

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