Coins

I disagree with the European system of using coins for money.

I’ve probably mentioned this before, but over in Europe and Great Britain they have a variety of coins worth up to two pounds each (that’s about four dollars) and no bills below 5.

Speaking as someone who uses a wallet for my money, coins are extremely inconvenient. As a result, I’m forced to put loose change in my pocket that’s worth far more money than change should reasonably be worth. I’m more than sure I’ve managed to lose several dollars worth of change since I’ve been here just from having it fall from my pocket on a bus or in a seat somewhere.

I don’t understand why some people want US money to change over to a more coin-based system like other places. I can understand eliminating the penny…when was the last time you used one? But to create and regularly use coins worth up to two dollars would be, in my mind, against the spirit of money in the first place.

Money replaced the barter system basically because it was more convenient. And bills replaced gold or silver because it was more convenient. Replacing convenient, light, and easy to carry bills with clunky, heavy coins would be a step backwards. I hope it doesn’t happen.